Chevron Corp.

Renewable Energy Group, Inc. , a leading bio-based diesel producer in North America, announced that its stockholders voted to adopt the previously announced definitive agreement , in which REG will be acquired by Chevron Corp. , one of the world's leading energy companies. At the May 17 annual meeting, REG stockholders adopted the Merger Agreement with more than 80% of the shares outstanding and entitled to vote voting in [...]

Chevron Corp. announced today it has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform. "Chevron's U.S. Gulf of Mexico production is some of the lowest carbon intensity production in our portfolio at around 6 kg CO2 [...]

Chevron Corp. today announced a contribution of $250,000 from the Chevron Global Community Fund to the All Together NM Fund and Taos Community Foundation to support relief efforts for wildfires in New Mexico. "Chevron is committed to supporting first responders, local governments, and non-profit organizations as they fight to contain fires across Taos and Colfax counties in northern New Mexico," said Mark Urfer, manager [...]

Chevron Corp. , through its subsidiary Chevron New Ventures Pte. Ltd. , and Indonesia's PT Pertamina today announced a partnership to explore potential lower carbon business opportunities in Indonesia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220512005761/en/ Jay Pryor, Vice President of Corporate Business Development for Chevron, and Nicke Widyawati [...]

Chevron Products Company, a division of Chevron U.S.A. Inc., announced the release of a new package design for its full line of Chevron Delo® heavy duty diesel engine oils - including the new Delo 400 XSP SAE 15W-40 full synthetic, high-performance engine oil for diesel pick-up trucks. The 1-gallon jug will feature a two-handle system for improved handling and a smoother "no-glug" pour. Both the 1- and 2.5-gallon jugs [...]

Chevron U.S.A., Inc. , through its Chevron New Energies division, Talos Energy Inc. , through its Talos Low Carbon Solutions division, and Carbonvert, Inc. announced today a memorandum of understanding for an expanded joint venture to develop the Bayou Bend CCS offshore carbon capture and sequestration hub currently held by Talos and Carbonvert. In 2021, a joint venture between Talos and Carbonvert was the winning bidder [...]

Chevron U.S.A. Inc., a subsidiary of Chevron Corp. , and Bunge North America, Inc., a subsidiary of Bunge Limited , announced today the creation of Bunge Chevron Ag Renewables LLC, signaling the close of their previously announced transaction. The new company will develop renewable fuel feedstocks leveraging Bunge's expertise in oilseed processing and farmer relationships and Chevron's expertise in fuels manufacturing and [...]

Chevron Corp. today reported earnings of $6.3 billion for first quarter 2022, compared with $1.4 billion in first quarter 2021. Included in the current quarter were pension settlement costs of $66 million. Foreign currency effects decreased earnings by $218 million. Adjusted earnings of $6.5 billion in first quarter 2022 compares to adjusted earnings of $1.7 billion in first quarter 2021. Sales and other operating [...]

The Board of Directors of Chevron Corp. today declared a quarterly dividend of one dollar and forty-two cents per share, payable June 10, 2022, to all holders of common stock as shown on the transfer records of the Corporation at the close of business May 19, 2022. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more [...]

Bunge and CoverCress Inc. announced today a unique commercial partnership to bring a new renewable oilseed and animal feed crop to market. The agreement establishes a long-term commercial relationship between the two companies and supports the expansion of CCI's CoverCress™ technology, a new winter oilseed crop that is ideal as a lower carbon intensity feedstock to help meet the growing demand for renewable fuels. This [...]