Chevron Corp. announced today it is making a commitment of $250,000 to support relief efforts underway in the communities affected by the Boulder County wildfires. "As a leading employer and partner in several Colorado communities, Chevron is committed to helping the region and our neighbors rebuild, recover and heal from the impact of the wildfires," said Hodge Walker, vice president of Chevron's Rockies Business Unit [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, January 28, 2022, at 11:00 a.m. ET . Conference Call Information: Date: Friday, January 28, 2022 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 888-609-5704 Conference ID #: 5209887 Speakers: Mike Wirth - Chairman of the Board and Chief Executive Officer Pierre Breber - Vice President and Chief [...]
Chevron Corp. announced today that Barbara J. Burger, vice president of innovation and president of Chevron Technology Ventures , will retire from the company after 34 years of distinguished service. Jim Gable, currently vice president of Downstream Technology & Services, will succeed Burger, effective February 1, 2022. Under Burger's leadership, CTV has made important strides in its strategy to identify and integrate [...]
DEERFIELD, Ill., FORT WORTH, Texas, and Progress Rail, a Caterpillar Inc. Company , BNSF Railway Company , and Chevron U.S.A. Inc. , a subsidiary of Chevron Corp. , today announced a memorandum of understanding to advance the demonstration of a locomotive powered by hydrogen fuel cells. The goal of the demonstration is to confirm the feasibility and performance of hydrogen fuel for use as a viable alternative to [...]
Chevron Shipping Company has joined the Sea Cargo Charter, a benchmark initiative for responsible shipping activities, transparent greenhouse gas reporting, and improved decision making in line with United Nations decarbonization targets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211209005220/en/ Chevron Shipping joins the Sea Cargo Charter, an [...]
Chevron Corp. today announced a 2022 organic capital and exploratory spending program of $15 billion, at the low end of its $15 to $17 billion guidance range and up more than 20% from 2021 expected levels. This capital program supports Chevron's objective of higher returns and lower carbon, including approximately $800 million in lower carbon spending. The program excludes expected inorganic capital of $600 million in [...]
Pavilion Energy Trading & Supply Pte. Ltd.1 , QatarEnergy and Chevron U.S.A. Inc today announced they have jointly published a quantification and reporting methodology to produce a statement of greenhouse gas emissions for delivered LNG cargoes. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211117005946/en/ This is the first such published methodology that [...]
Chevron Corp. today reported earnings of $6.1 billion for third quarter 2021, compared with a loss of $207 million per share - diluted) in third quarter 2020. Included in the current quarter were asset sale gains of $200 million and pension settlement costs of $81 million. Foreign currency effects increased earnings by $305 million. Adjusted earnings of $5.7 billion in third quarter 2021 compares to adjusted earnings of [...]
The Board of Directors of Chevron Corp. declared a quarterly dividend of one dollar and thirty-four cents per share, payable December 10, 2021, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 2021. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a [...]
Chevron Corp. today announced the results of its previously announced 23 separate offers to purchase for cash the notes of the series listed in the table below and that it has amended the Offers by increasing the applicable Maximum Purchase Amount from $2.0 billion to $2,609,010,000. The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated October 4, 2021 relating to the [...]
Chevron Corp. issued an updated climate change resilience report that further details the company's ambition to advance our lower carbon future. Chevron adopted a 2050 net zero aspiration for equity upstream Scope 1 and 2 emissions. The TCFD-aligned report describes how Chevron is incorporating Scope 3 emissions into its greenhouse gas emission targets by establishing a Portfolio Carbon Intensity target inclusive of Scope [...]
Chevron Corp. today announced the pricing terms of its previously announced 23 separate offers to purchase for cash up to $2.0 billion aggregate principal amount of outstanding notes of the series listed in the table below . The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated October 4, 2021 relating to the Notes and the accompanying notice of guaranteed delivery and [...]