Chevron Corp.

Chevron Corp. announced today that its affiliate companies have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli oil fields and the Baku-Tbilisi-Ceyhan oil pipeline located in Azerbaijan, to MOL Hungarian Oil and Gas PLC for a consideration of $1.57 billion. Chevron Global Ventures Ltd. has sold its 9.57% interest in ACG, which had a daily net production of 20,000 barrels of oil equivalent per day [...]

Chevron Corp. , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, May 1, 2020 at 11:00 a.m. ET . Conference Call Information: Date: Friday, May 1, 2020 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 706-634-0892 / 877-604-2078 Conference ID #: 9958928 Speakers: Pierre Breber – Vice President and Chief Financial Officer Wayne Borduin – General Manager, Investor [...]

Chevron Corp. today announced several steps it is taking in response to market conditions. “With an industry leading balance sheet and a flexible capital program, we believe Chevron is resilient and positioned to withstand this challenging environment,” said Chevron Chairman and CEO Michael Wirth. “Given the decline in commodity prices, we are taking actions expected to preserve cash, support our balance [...]

At its annual Security Analyst Meeting today, Chevron Corp. announced expectations to deliver leading shareholder returns through disciplined capital spending, improved cost efficiency, and continued cash flow growth over the next five years. “Chevron has a winning investment proposition,” said Michael Wirth, Chevron’s chairman and CEO. “We believe our advantaged portfolio and capital efficiency [...]

Chevron Products Company, a division of Chevron U.S.A. Inc., maker of technologically advanced engine oils, lubricants and coolants, is proud to announce its heavy-duty engine oil product, Delo 600 ADF with OMNIMAXTM, was recognized as a Top 5 finalist for the 2020 recipient of the Jim Winsor Memorial Technical Achievement Award at the Technology & Maintenance Council Annual Meeting & Transportation Technology Exhibition [...]

Chevron Products Company, a division of Chevron U.S.A. Inc., maker of technologically advanced engine oils, lubricants and coolants, today announced that Delo 600 ADF with OMNIMAXTM, a Chevron Patented Technology, was recognized at the Technology and Maintenance Council Annual Meeting and Transportation Technology Exhibition as one of Top 20 Products for 2020 by Heavy Duty Trucking. “We’ve devoted a lot of [...]

Chevron Corp. today reported a loss of $6.6 billion per share - diluted) for fourth quarter 2019, compared with earnings of $3.7 billion in the fourth quarter 2018. Included in the current quarter were previously announced upstream impairments and write-offs totaling $10.4 billion associated with Appalachia shale, Kitimat LNG, Big Foot and other projects. The company also recognized a $1.2 billion gain on the sale of the [...]

The Board of Directors of Chevron Corp. today declared a quarterly dividend of one dollar and twenty-nine cents per share, an increase of ten cents per share or 8.4 percent. The dividend is payable March 10, 2020, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 18, 2020. This increase puts Chevron on track to make 2020 the 33rd consecutive year with an [...]

Chevron Corp. today announced it has joined the Hydrogen Council, a global advisory body providing a long-term vision for the role of hydrogen in the energy transition. Chevron’s knowledge and experience with hydrogen complements the collaborative strength of the Council. Hydrogen is used at Chevron refineries to refine crude and in other chemical processes. From 2005 to 2010, Chevron operated five hydrogen filling [...]

Chevron Corp. , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, January 31, 2020 at 11:00 a.m. ET . Conference Call Information: Date: Friday, January 31, 2020 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 706-634-0892 / 877-604-2078 Conference ID #: 4187997 To access the live webcast, visit www.chevron.com. The meeting replay will also be available on the [...]