stories

Chevron Issues Interim Update for Third Quarter 2009

Chevron Corporation (NYSE:CVX) today reported in its interim update that earnings for the third quarter 2009 are expected to be higher than in the second quarter 2009. Upstream earnings are projected to increase significantly, reflecting higher prices for crude oil, as well as approximately $400 million of gains related to asset sales and tax items.

2009 World Gas Conference Keynote Address

Keynote address by George L. Kirkland, Executive Vice President for Upstream & Gas, to the 2009 World Gas Conference in Buenos Aires, Argentina.

Liquefying natural gas for safe shipping

Natural gas is an important source of energy, but many gas reservoirs are located far from areas that need it. The challenge: How to transport natural gas across the ocean where there are no pipelines? The answer is technology. By liquefying natural gas, it can be shipped safely and efficiently around the world. This video describes how the process works.

John Watson Named Chairman and CEO of Chevron

The board of directors of Chevron Corporation (NYSE: CVX) today elected John S. Watson, 52, chairman of the board and chief executive officer of the company, effective Dec. 31, 2009.

Chevron Files Arbitration Against Gov. of Ecuador

Chevron Corp. (NYSE:CVX) has filed an international arbitration claim against the government of Ecuador citing violations of the country's obligations under the United States-Ecuador Bilateral Investment Treaty, investment agreements, and international law.

Chevron and KOGAS Sign Agreement for Gorgon LNG

Chevron Corporation (NYSE: CVX) today announced that its Australian subsidiaries have signed a Heads of Agreement (HOA) with the Korea Gas Corporation (KOGAS) for 1.5 million metric tons per annum (MTPA) of liquefied natural gas (LNG) from the Gorgon project.

Chevron Makes Final Investment Decision to Construct Gorgon Natural Gas Project

Chevron Corporation (NYSE: CVX) today announced that its subsidiary, Chevron Australia Pty Ltd, will proceed with the development of the Gorgon natural gas project offshore Western Australia.

Chevron Seeks Annulment of Rulings by Ecuadorian Judge

Lawyers for Chevron Corp. (NYSE: CVX) have filed a motion with the Provincial Court of Sucumbios in Ecuador to annul all rulings made by the judge who last week stepped down from presiding over an environmental lawsuit against the company in Lago Agrio.

Remarks to the Olympic Club

Remarks by David J. O'Reilly, Chairman and CEO, to the Olympic Club in San Francisco, Calif.

Chevron Secures Multiple Sales Agreements for Gorgon LNG

Chevron Corporation (NYSE: CVX) today announced that Australian subsidiaries of Chevron have signed three binding long-term Sales and Purchase Agreements (SPAs) for Chevron's share of liquefied natural gas (LNG) from the Gorgon project.

Chevron Provides Ecuador Evidence in Bribe Plot

Lawyers for Chevron Corporation provided evidence to Ecuador authorities today, including video recordings and emails, to assist with the investigation of a $3 million bribe scheme associated with an environmental lawsuit against the company.

Judge Núñez Recusal

Chevron Corporation (NYSE: CVX) issued the following media statement by Hewitt Pate, vice president and general counsel, in response to news Judge Juan Núñez has recused himself from the Lago Agrio proceedings in Ecuador

News Of Investigation Into Judicial Misconduct

The following is a statement by Charles James, executive vice president, Chevron Corp. (NYSE: CVX), regarding the response by the government of Ecuador to evidence filed Monday regarding judicial misconduct by the judge in a lawsuit involving the company in that country and evidence of an apparent bribe scheme associated with the case:

Gorgon: Investing in the Future

The Gorgon Project on Australia's Barrow Island will produce liquefied natural gas (LNG) and domestic gas for Australia and the world.

Videos Reveal Serious Judicial Misconduct and Political Influence in Ecuador Lawsuit

Chevron Corp. (NYSE:CVX) today provided authorities in Ecuador and the U.S. with video recordings that reveal a $3 million bribery scheme implicating the judge presiding over the environmental lawsuit currently pending against the company and individuals who identify themselves as representatives of the Ecuadorian government and its ruling party.

Chevron Announces Two Natural Gas Finds in Australia

Chevron Australia Pty Ltd, a subsidiary of Chevron Corporation (NYSE: CVX), today announced two natural gas discoveries in the Carnarvon Basin offshore Western Australia.

Chevron Commences Operations on Next Generation Ultra-Deepwater Drillship

Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), today announced that the Discoverer Clear Leader, an ultra-deepwater drillship newly built to Chevron's specifications, has begun work for Chevron in the deepwater U.S. Gulf of Mexico under a five-year contract with Transocean.

Support For Better Outcomes In Angola

Chevron Corporation (NYSE:CVX), the United States Agency for International Development (USAID) and the Cooperative League of the United States of America (CLUSA) today announced the basis for a new partnership aimed at supporting Angola's continued focus on developing a diversified and sustainable economy.

Chevron Announces Significant Discovery Offshore Angola

Chevron Corporation (NYSE:CVX) announced today that its affiliate, Cabinda Gulf Oil Company Limited (CABGOC) and its partners, had made a successful discovery in Block 0 located adjacent to the Cabinda coastline in Angola.

Chevron Moves Wheatstone Project in Australia Closer to Commercialization

Chevron Corporation (NYSE: CVX) today announced the award of a major front-end engineering and design (FEED) contract for the first phase of the Wheatstone natural gas development in northwest Australia.

Chevron Announces 4.6% Increase in Q Dividend

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of sixty-eight cents ($0.68) per share, payable September 10, 2009 to holders of common stock as shown by the transfer records of the Corporation at the close of business August 19, 2009.

R. Hewitt Pate Named VP & General Counsel

Chevron Corporation (NYSE: CVX) today announced the appointment of R. Hewitt Pate as vice president and general counsel.

Chevron Issues Interim Update for Second Quarter 2009

Chevron Corporation (NYSE:CVX) today reported in its interim update that upstream earnings for the second quarter 2009 compared with the first quarter are expected to benefit from an increase in prices for crude oil, largely offset by substantial unfavorable foreign currency effects.

Chevron Mourns Passing of Former Chairman and CEO Harold J. "Bill" Haynes

David J. O'Reilly, chairman and chief executive officer of Chevron Corporation (NYSE: CVX) commented today on the death of Harold J. "Bill" Haynes, the company's former chairman of the board and chief executive officer.

First Oil From Mafumeira Norte Field In Angola

Chevron Corporation (NYSE:CVX) announced today that its subsidiary Cabinda Gulf Oil Company Limited (CABGOC) and its partners commenced crude oil production ahead of schedule from the Mafumeira Norte project located offshore Angola.