stories

Chevron Acquires Blocks Offshore New Zealand

Wellington, New Zealand, Dec. 9, 2014 – Chevron New Zealand Exploration Ltd., a Chevron Corporation subsidiary, today announced it has been granted exploration rights to three blocks located offshore New Zealand, in a frontier basin with water depths ranging from 2,600 feet (800 m) to 9,800 feet (3,000 m).

Chevron Announces First Oil From Jack/St. Malo Project in the Gulf of Mexico

Chevron Corporation announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico.

Chevron Confirms First Oil Production from Tubular Bells in the Gulf of Mexico

SAN RAMON, Calif., Nov. 17, 2014 – Chevron Corporation (NYSE: CVX) announced today that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production.

Executing with Excellence

Our training, policies and tools focus our workforce on protecting the safety and health of people and the environment in this vital location.

Chevron Reports Third Quarter Net Income of $5.6 Billion

SAN RAMON, Calif., October 31, 2014 – Chevron Corporation (NYSE: CVX) today reported earnings of $5.6 billion ($2.95 per share – diluted) for third quarter 2014, compared with $5.0 billion ($2.57 per share – diluted) in the 2013 third quarter.

Chevron Announces 3Q 2014 Quarterly Dividend

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share.

Chevron Sanctions Stampede Project in the Deepwater U.S. Gulf of Mexico

SAN RAMON, Calif., Oct. 28, 2014 – Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico.

Chevron Announces First Gas From Bangladesh Bibiyana Expansion Project

Chevron Corporation (NYSE: CVX) today announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country.

Chevron Launches Appalachia Partnership Initiative

Chevron Corporation (NYSE: CVX) today announced the launch of the Appalachia Partnership Initiative, a $20 million effort, designed to address education and workforce development in 27 counties across southwest Pennsylvania, northern West Virginia and eastern Ohio.

Mary A. Francis Named Corporate Secretary and Chief Governance Officer

SAN RAMON, Calif., Oct. 9, 2014 – Chevron Corporation (NYSE: CVX) today named Mary A. Francis corporate secretary and chief governance officer effective May 1, 2015.

Chevron Announces Sale and Joint Venture Partnership for Duvernay Shale Assets in Canada with KUFPEC

Chevron Corporation (NYSE: CVX) today announced that its indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached agreement to sell a 30 percent interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company’s wholly-owned subsidiary, KUFPEC Canada Inc., for $1.5 billion.

Rhonda I. Zygocki Announces Retirement; Senior Leadership Reporting Assignments Announced

Chevron Corporation (NYSE: CVX) announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effective Feb. 1, 2015. The company also said it is making new reporting assignments for several executives.

Chevron Expands Fuel Your School Program to Help Fund Classroom Projects

Chevron U.S.A. Inc. today announced the launch and expansion of the 2014 Fuel Your School program, an innovative collaboration with DonorsChoose.org, an online organization that makes it easy for anyone to help students in need. In 2014, the Fuel Your School Program will generate up to $8.6 million in classroom supply funding for educators in 22 U.S. communities in 14 states where Chevron operates, with the help of local Chevron and Texaco marketers in 6 markets.

Notice of Proposed Voluntary Dismissal of a Shareholder Derivative Action

SAN RAMON, Calif., August 14, 2014 –This notice relates to a proposed voluntary dismissal of a shareholder derivative action and is being given pursuant to an order of The United States District Court for the Northern District of California. The purpose of the notice is to advise Chevron shareholders that plaintiff, Stephen Bushansky, in the below referenced action wishes to voluntarily dismiss the case. Additional information on the action and right to intervene can be found below.

el segundo refinery installs new coke drums

The El Segundo Refinery installed its new coke drums in a massive operation that involved meticulous planning, preparation, engagement and execution.

Chevron Reports Second Quarter Net Income of $5.7 Billion

SAN RAMON, Calif., August 1, 2014 – Chevron Corporation (NYSE: CVX) today reported earnings of $5.7 billion ($2.98 per share – diluted) for second quarter 2014, compared with $5.4 billion ($2.77 per share – diluted) in the 2013 second quarter. Foreign currency effects decreased earnings in the 2014 quarter by $232 million, compared with an increase of $302 million a year earlier.

Commercial Production Begins at Chevron’s New Premium Base Oil Plant

Chevron Corporation subsidiary Chevron U.S.A. Inc. announced that it has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company’s Pascagoula refinery.

Chevron Issues Interim Update for Second Quarter 2014

Chevron Corporation today reported in its interim update that earnings for the second quarter 2014 are expected to be higher than first quarter 2014 as a result of gains on asset sales and an absence of impairments in the prior quarter.

Chevron Announces Sale of Interests in Chad and Cameroon

Chevron Corporation today announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest in a producing oil concession in southern Chad and the related export pipeline interests to the Republic of Chad for approximately $1.3 billion. The sale closed June 13.

Chevron Increases Support for Niger Delta Partnership Initiative

Chevron Corporation announced today that it is increasing its support to the Niger Delta Partnership Initiative (NDPI) Foundation.