stories

Chevron Issues Interim Update for Fourth Quarter 2007

Chevron Corporation (NYSE: CVX) today reported in its interim update that fourth quarter net income is expected to be higher than the $3.7 billion earned in the third quarter 2007.

Chevron to Partner With CNPC on Gas Project in China

BEIJING, China, and SAN RAMON, Calif., Dec. 18, 2007 - Chevron Corporation (NYSE:CVX) today announced that its main Chinese subsidiary has signed a 30-year production-sharing contract with China National Petroleum Corporation (CNPC) for the joint development of the Chuandongbei natural gas area in central China.

Chevron to Partner With CNPC on Major Gas Project in China

BANGKOK, Thailand, December 17, 2007 – Chevron Thailand Exploration and Production, Ltd. (Chevron) and its co-concessionaires today signed a Gas Sales Agreement (GSA) with PTT Public Company Limited (PTT) for blocks 10-13 in the Gulf of Thailand.

Chevron Launches ChevronwithTechron.com

SAN RAMON, Calif., December 11, 2007 - Chevron Global Marketing today announced the launch of its new retail Web site -- ChevronwithTechron.com.

Chevron Announces Green Light for Angola LNG Project

SAN RAMON, Calif., Dec. 10, 2007 - Chevron Corp. (NYSE: CVX) today announced that the investors in the Angola liquefied natural gas (LNG) project have agreed to move the project forward to the construction phase.

$22.9 Billion Capital & Exploratory Budget 2008

SAN RAMON, Calif., Dec. 6, 2007 - Chevron Corporation (NYSE: CVX) today announced a $22.9 billion capital and exploratory spending program for 2008, a 15 percent increase from estimated outlays of $20 billion in 2007. Included in the 2008 program are $2.6 billion of expenditures by affiliates, which do not require cash outlays by Chevron's consolidated companies.

Chevron and MIT Announce Energy Research Program

Chevron Corporation and Massachusetts Institute of Technology (MIT) today announced an energy research program to develop remote, ultra-deepwater exploration and production technology.

U.S. Federal Court Dismisses Remaining Ecuador Cancer Claims Against Chevron

The U.S. District Court for the Northern District of California has dismissed the remaining two claims against Chevron alleging health impacts to Ecuadorian citizens resulting from Texaco Petroleum Company's Ecuadorian oil operations that ended in 1992.

Chevron Reports Third Quarter Net Income of $3.7 Billion, Down $1.3 Billion from Third Quarter 2006

SAN RAMON, Calif., November 2, 2007 - Chevron Corporation (NYSE: CVX) today reported net income of $3.7 billion ($1.75 per share - diluted) for the third quarter 2007, compared with $5 billion ($2.29 per share - diluted) in the year-ago period.

Chevron Names John McDonald Chief Technology Officer

SAN RAMON, Calif., Nov. 1, 2007 - Chevron Corporation (NYSE:CVX) announced today that John McDonald, currently vice president of Strategic Planning, will become chief technology officer, succeeding Donald Paul, who will retire from the company in 2008 after more than 32 years of service.

Chevron Announces Quarterly Dividend

SAN RAMON, Calif., October 31, 2007 - The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of 58 cents per share.

Research On Transportation Fuels Using Algae

SAN RAMON, Calif., Oct. 31, 2007 - Chevron Corporation (NYSE: CVX) and the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) announced today that they have entered into a collaborative research and development agreement to study and advance technology to produce liquid transportation fuels using algae.

Chevron Granted 10-Year Production Period Extension for Concessions in the Gulf of Thailand

SAN RAMON, Calif., and BANGKOK, Thailand, Oct. 29, 2007 - Chevron Corporation (NYSE: CVX) today announced that its subsidiary Chevron Thailand Exploration and Production, Ltd, its co-concessionaires and the Thai Ministry of Energy have signed an agreement to extend the production period of four offshore blocks in the Gulf of Thailand for an additional 10 years, from 2012 to 2022.

Tahiti Project First Oil Scheduled for Q3 2009

SAN RAMON, Calif., Oct. 25, 2007 - Chevron Corporation (NYSE: CVX) today announced that it expects first production from its Tahiti project in the deepwater Gulf of Mexico by the third quarter of 2009, approximately 12 months later than the original date that was planned prior to the discovery of defective shackles in the facility's mooring system.

Chevron Commits $500,000 to California Wildfire Relief Efforts

SAN RAMON, Calif., Oct. 24, 2007 – Chevron Corporation (NYSE:CVX), today committed $500,000 to support relief efforts in the communities affected by the Southern California wildfires.

U.S. Federal Court Imposes Sanctions Against Lawyer Who Brought Ecuador Lawsuit Against Chevron

SAN RAMON, Calif., October 18, 2007 - The U.S. District Court for the Northern District of California has imposed sanctions against three attorneys, including Cristobal Bonifaz, for fabricated cancer claims against Chevron.

Update to Chevron Statement on Myanmar

SAN RAMON, Calif., Oct. 18, 2007 -- Chevron supports the calls for a peaceful resolution to the current situation in Myanmar in a manner that respects the human rights of the people of Myanmar.

Refinery Project To Increase US Gas Production

PASCAGOULA, Miss., Oct. 15, 2007 - Chevron U.S.A. Inc. announced today plans to build a major gasoline production unit at its refinery in Pascagoula, Miss.

Repairs to Pascagoula Refinery No. 2 Crude Unit Expected to Be Completed First Quarter 2008

Following further damage assessments of its Pascagoula Refinery after a fire broke out at the facility on August 16, Chevron expects repairs to the refinery to be completed during the first quarter of 2008.

Federal Environmental Approval for Gorgon Development

PERTH, Western Australia, 10 October, 2007 - The Gorgon Joint Venture Participants - Chevron, ExxonMobil and Shell - today welcomed a further step forward for the Gorgon Project.

Gorgon Receives Federal Environmental Approval

SAN RAMON, Calif., Oct. 9, 2007 - Chevron Corporation (NYSE:CVX) was advised today of the Federal Minister for the Environment's decision to issue Australian government environmental approval for the Gorgon liquefied natural gas (LNG) development proposal located off the northwest coast of Australia.

Chevron Issues Interim Update for Third Quarter 2007

SAN RAMON, CA, Oct. 9, 2007 - Chevron Corporation (NYSE:CVX) today reported in its interim update for the third quarter 2007 that net income is expected to be significantly below the record $5.4 billion earned in the second quarter 2007.

Chevron Calls for Dismissal of Ecuador Lawsuit

SAN RAMON, CA, Oct. 8, 2007 - Chevron Corporation (NYSE:CVX) today filed a petition in an Ecuador Superior Court seeking dismissal of an ongoing environmental lawsuit that has descended into a judicial farce, constituting a denial of Chevron's right to a fair and impartial trial based on evidence and the rule of law.

Developing New Coal Conversion Technologies

SAN RAMON, Calif., October 3, 2007 - Chevron Energy Technology Company, a Chevron Corporation (NYSE: CVX) subsidiary, today announced that it has formed a research alliance with the Penn State Institutes of Energy and the Environment to research coal conversion technologies.

New Global 'Human Energy' Advertising Campaign

SAN RAMON, Calif., Sep. 28, 2007 -- Chevron Corporation (NYSE: CVX) announced a new integrated global advertising campaign this week aimed at engaging people in today's energy issues and highlighting the steps Chevron is taking to bring more energy supplies to the global marketplace.

Chevron Announces $15 Billion Share Repurchase Program

SAN RAMON, Calif., Sep. 26, 2007 -- Chevron Corporation (NYSE: CVX) announced today that its Board of Directors approved a program to acquire up to $15 billion of the company's common stock over a period of up to three years.

Environmental Conditions For The Gorgon Project

PERTH, Western Australia, Sep. 7, 2007 -- Chevron Australia as operator for the Gorgon Project today received advice received from the West Australian Minister for the Environment, that he had issued state environmental conditions for the Gorgon Project.

Chevron and The Economist Group Launch Energyville Game

SAN RAMON, Calif., Sep. 5, 2007 -- Chevron Corporation (NYSE:CVX), in conjunction with The Economist Group, today launched Energyville, an interactive online game that challenges players to meet the energy needs of their own city.