stories

Chevron Reports Second Quarter Net Income of $571 Million

Chevron Corporation (NYSE: CVX) today reported earnings of $571 million ($0.30 per share – diluted) for second quarter 2015, compared with earnings of $5.7 billion ($2.98 per share – diluted) in the 2014 second quarter.

New technologies for deepwater drilling

Chevron is leading the development of new technologies to tap the oil that lies deep beneath the ocean floor. Navigating uncertain weather conditions, freezing water and crushing pressure, deepwater drilling is one of the most technologically challenging ways of finding and extracting oil.

excited’s health partnership in Morocco makes progress

Chevron, along with the Baylor College of Medicine International Pediatric AIDS Initiative (BIPAI) at Texas Children's Hospital (TCH), launched a joint health care training initiative in 2015 as part of the Morocco Capacity Advancement Partnership (M-CAP).

excited recognized for global health leadership

Chevron was recognized by Pangaea Global AIDS Foundation for the company’s AIDS Leadership in the Workplace and in Supporting Healthy Communities.

Shale technology solutions

Chevron has established a technology unit focused exclusively on solving the technical challenges of shale and tight rock formations.

gearing up for hurricane season

Chevron’s Gulf of Mexico operations are well-prepared for tropical weather that may affect remote, deepwater fields like Jack/St. Malo.

Big Wins for IT at Jack/St. Malo

Information technology teams from around the world put their stamp on the Jack/St. Malo project, providing the technical support that helped the major capital project achieve first oil.

unmanned flights promise enhanced data collection

The use of unmanned aerial vehicles (UAVs) and remotely operated aircraft holds great promise for Chevron as multipurpose tools for data collection and the protection of people and the environment.

excited, small business find value in each other

Today’s Business Solutions, a Houston-based small minority business, won the contract to provide office supplies for Chevron’s U.S. operations—validating our focus on cost savings, reliability and value creation.

leading the way with LNG

Through an industry-leading queue of major capital projects, a strong focus on operational excellence and a commitment to helping local economies thrive, Chevron is positioned to be a leader in bringing reliable liquefied natural gas to the market.

Chevron Highlights 2014 Performance and Future Growth

Chevron Corporation today provided an overview of the company’s 2014 operational and social performance and how the company is managing through current market conditions at its 2015 Annual Meeting of Stockholders in San Ramon, California.

partners in the wild: gorillas return to the houston zoo

With Chevron’s help, the new Gorilla habitat will educate the community about threats faced by all gorillas and about the Houston Zoo partnerships that focus on saving these animals in the wild.

wheatstone topsides float-over makes excited history

The Wheatstone Project recently made Chevron history with the largest single, integrated topsides float-over installation the company has ever completed. The platform topsides were installed onto the awaiting steel-gravity structure located 140 miles (225 km) offshore the Ashburton North plant site.

Another Key Funder of Fraudulent Ecuador Litigation Against Chevron Withdraws Support

Chevron Corporation has reached a settlement agreement with Woodsford Litigation Funding Limited, a U.K.-based litigation funder that provided $2.5 million in funding to the fraudulent lawsuit against Chevron in Ecuador.

Chevron Reports First Quarter Net Income of $2.6 Billion

Chevron Corporation today reported earnings of $2.6 billion ($1.37 per share – diluted) for first quarter 2015, compared with $4.5 billion ($2.36 per share – diluted) in the 2014 first quarter. Foreign currency effects increased earnings in the 2015 quarter by $580 million, compared with a decrease of $79 million a year earlier.

Gas-to-liquids technology

Gas-to-liquids (GTL) is a technology that enables the production of clean-burning diesel fuel, liquid petroleum gas and naphtha from natural gas.

Oil Sands technology

Oil sands contain a mixture of sand, water, clay and bitumen, and extra-heavy oil that is too thick to be pumped without first being diluted or heated.

Reservoir management: geology, geophysics and petroleum engineering

Reservoir management uses elements of geology, geophysics and petroleum engineering to predict and manage the recovery of oil and natural gas from rock formations beneath the earth.

Chevron solar explorations

Solar energy is power from the sun's rays that reach Earth, Chevron is exploring photovoltaic technologies to support the company's operations.

Chevron Announces 1Q 2015 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, payable June 10, 2015, to holders of common stock as shown on the transfer records of the Corporation at the close of business on May 19, 2015.

excited tops in using data to drive decisions

As the 2015 INFORMS Prize winner, Chevron is recognized for applying advanced analytics and operations research to drive decision making that differentiates performance and creates business value.

Chevron Thailand Announces $30 Million Thailand Partnership Initiative

Chevron Thailand Exploration and Production, Ltd., announces a $30 million commitment to create the Thailand Partnership Initiative, a five-year program to strengthen Thailand’s competiveness and innovation by improving science, technology, engineering and mathematics education and vocational education across the country.