Chevron Products Company, a Chevron U.S.A. Inc. division, and Noria, the worldwide leader in providing lubrication consulting services and training, today announced the launch of the ISOCLEAN® Calculator, a first of its kind tool that helps companies evaluate possible equipment life based on lubricant cleanliness levels. The easy-to-use tool was developed by Chevron Products Company and is powered by Noria’s [...]
Chevron U.S.A. Inc. (NYSE: CVX) today announced the launch of its 2016 Fuel Your School program. Nearly $6 million will be available to help fund eligible classroom projects, including STEM (science, technology, engineering and math) projects to help bring dynamic learning opportunities to students. The program is available to teachers at public schools in 18 U.S. communities, with the support of local Chevron and Texaco [...]
Chevron Corp. (NYSE: CVX) today announced that its wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a binding LNG Sales and Purchase Agreement (SPA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from Chevron’s global supply portfolio. Under the terms of the SPA, ENN will receive up to 0.65 million metric tons per annum (MTPA) of LNG over 10 years, with [...]
Today, at a press conference just prior to the opening of the Great American Trucking Show (GATS), Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo® brand of technologically advanced engine oils, lubricants and coolants introduced ISOSYN® Advanced Technology and its new line of Delo 400 API CK-4 and FA-4 heavy duty motor oils (HDMO) coming December 1, 2016. As part of its product [...]
Chevron Corp. (NYSE:CVX) announced that Dr. Dambisa Moyo and Dr. Wanda Austin have been elected to Chevron's board of directors. Dr. Moyo’s appointment is effective October 11, 2016; she will serve on the company's Audit Committee. Dr. Austin’s appointment is effective December 1, 2016; she will serve on the company's Board Nominating and Governance Committee and Public Policy Committee. “Dr. Moyo and [...]
The United States Court of Appeals for the Second Circuit has unanimously affirmed a lower court decision, which found that the $9.5 billion judgment against Chevron Corp. in Ecuador was the product of fraud and racketeering activity, and unenforceable in the United States. The appeals court stated that there was “no basis for dismissal or reversal” of the district court’s judgment, noting that “[t]he [...]
Chevron Corp. (NYSE:CVX) today reported a loss of $1.5 billion ($0.78 per share – diluted) for second quarter 2016, compared with earnings of $571 million ($0.30 per share – diluted) in the second quarter of 2015. Included in the quarter were impairments and other non-cash charges totaling $2.8 billion, partially offset by gains on asset sales of $420 million. Foreign currency effects increased earnings in the [...]
The Board of Directors of Chevron Corp. (NYSE: CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable September 12, 2016, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 19, 2016. View source version on businesswire.com: http://www.businesswire.com/news/home/20160727006567/en/ Contact Chevron Corp. Melissa [...]
Chevron Corp. (NYSE:CVX) today announced that its wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a Key Terms Agreement with Singapore Carbon Hydrogen Energy Pte. Ltd., a subsidiary of JOVO, for the delivery of liquefied natural gas (LNG) from Chevron’s global supply portfolio. When the LNG Sale and Purchase Agreement is finalized, JOVO is expected to receive up to 0.5 million metric tons per annum of LNG [...]
Chevron Corp. (NYSE:CVX) today announced that its 50 percent owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day. "The Future Growth and Wellhead Pressure Management Project represents an excellent opportunity for the [...]
SAN RAMON, Calif., June 28, 2016 (GLOBE NEWSWIRE) -- Chevron Corp. (NYSE:CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, July 29, 2016, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information: Date: Friday, July 29, 2016 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # (Listen-only mode): 703-639-1116 / 866-219-5256 Conference ID #: 1673879 To access [...]
Chevron announced today the signing of Lauren Fix, The Car Coach®, as the new brand champion of Techron® bottled fuel additives. She will be featured as part of its upcoming brand marketing campaign. The campaign focuses on the benefits that Techron Complete Fuel System Cleaner and Techron Fuel Injector Cleaner can bring to all kinds of gasoline engines, helping to restore lost power and performance, maximize fuel [...]