Chevron Corp.

Chevron Corp. today announced a 2020 organic capital and exploratory spending program of $20 billion. The 2020 budget supports a robust portfolio of upstream and downstream investments, highlighted by Chevron’s world-class Permian Basin position, the company’s major capital project at TCO in Kazakhstan, and an advantaged queue of deepwater opportunities in the Gulf of Mexico. “We are positioning Chevron [...]

Chevron Products Company, a division of Chevron U.S.A. Inc., maker of technologically advanced engine oils, lubricants and coolants, today announced its heavy-duty engine oil product, Delo 600 ADF with OMNIMAX™, a Chevron Patented Technology, which delivers maximum system protection to both the engine and the emissions system. Current heavy-duty engine oils are formulated up to the API CK-4 limit of 1% sulfated ash [...]

Chevron today announced a contribution of $100,000 from the Chevron Global Community Fund to the American Red Cross to support relief efforts for wildfires in California. Chevron, with operations all around California and 140 years of history in the state, is committed to being a strong and reliable partner in the communities where its employees live and work. The company will also match any qualifying donations to [...]

Chevron Corp. today reported earnings of $2.6 billion for third quarter 2019, compared with $4.0 billion in the third quarter 2018. Included in the current quarter was a tax charge of $430 million related to a cash repatriation. Foreign currency effects increased earnings in the third quarter 2019 by $74 million. Sales and other operating revenues in third quarter 2019 were $35 billion, compared to $42 billion in the [...]

The Board of Directors of Chevron Corp. declared a quarterly dividend of one dollar and nineteen cents per share, payable December 10, 2019, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 2019. View source version on businesswire.com: https://www.businesswire.com/news/home/20191030005719/en/ Contact Sean Comey -- +1 925-842-5509...

Largest Solar Electric System in California's Net Energy Metering Program Once Fully Operational  SunPower today announced construction is underway on the Lost Hills Solar Project. The 35-megawatt DC system will feature Performance Series solar panels assembled in Hillsboro, Oregon, and deliver low-carbon electricity to Chevron's Lost Hills oil field in Kern County, Calif., under a power purchase agreement. Over the [...]

Chevron Corp. has established new goals to reduce net greenhouse gas emission intensity from upstream oil and natural gas. Emission intensity is the emission rate of greenhouse gas per unit of energy produced. The company intends to lower upstream oil net GHG emission intensity by 5 - 10 percent and upstream natural gas net GHG emission intensity by 2 - 5 percent from 2016 to 2023. The timing is aligned with stocktake [...]

Chevron Corp. , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, November 1, 2019 at 11:00 a.m. ET . Conference Call Information: Date: Friday, November 1, 2019 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 706-634-0892 / 877-604-2078 Conference ID #: 5451097 To access the live webcast, visit www.chevron.com. The meeting replay will also be available on the [...]

In the aftermath of Tropical Storm Imelda, Chevron U.S.A. Inc. announced it will donate $500,000 to help support local public schools in select cities and neighborhoods of the Greater Houston area. The donation will be applied to help fund eligible classroom projects posted on DonorsChoose.org through Chevron’s Fuel Your School program. During this time of need, Chevron has made changes to the program to better [...]

Chevron Corp. today announced the sanction of a waterflood project in the St. Malo field. This application of enabling technology is expected to increase recovery and advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190919005228/en/ The newly sanctioned [...]