Chevron Corp. (NYSE:CVX) today announced a $26.6 billion capital and exploratory investment program for 2016. Included in the 2016 program are $4.5 billion of planned expenditures by affiliates. The 2016 budget is 24% lower than total expected investments for 2015. “Our capital budget will enable us to complete and ramp-up projects under construction, fund high return, short-cycle investments, preserve options for [...]
Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo® brand of technologically advanced engine oils, lubricants and coolants, selected Matt Mahler of Iowa Park FFA in Iowa Park, TX for its 2015 Delo Tractor Restoration Competition Grand Champion. The annual competition celebrated its 20th anniversary this year. The event brought the nation’s top teen tractor restoration project finalists [...]
Chevron Corp. (NYSE:CVX) announced today that its subsidiary, Chevron Overseas (Congo) Limited, has commenced oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151102005443/en/ Located 65 miles (105 km) offshore in [...]
Chevron Corp. (NYSE:CVX) today reported earnings of $2.0 billion ($1.09 per share – diluted) for third quarter 2015, compared with earnings of $5.6 billion ($2.95 per share – diluted) in the 2014 third quarter. Foreign currency effects increased earnings in the 2015 quarter by $394 million, compared with an increase of $366 million a year earlier. Sales and other operating revenues in third quarter 2015 were [...]
Chevron Corp. (NYSE:CVX) today announced the successful appraisal of the Anchor discovery in the Lower Tertiary Wilcox Trend. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151029005419/en/ “The positive results of our appraisal work at Anchor indicate a significant discovery of potentially hub class scale,” said Jay Johnson, executive vice [...]
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 December 10, 2015, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 2015. View source version on businesswire.com: http://www.businesswire.com/news/home/20151028006750/en/ ./ContentItem/Format .@Chevron [...]
Chevron Corp. (NYSE: CVX) announced today that two of its top executives will assume new roles effective Jan. 1, 2016. Michael Wirth will become executive vice president for Midstream and Development. Wirth is currently executive vice president, Downstream and Chemicals. Pierre Breber, presently executive vice president, Gas and Midstream, will become executive vice president, Downstream and Chemicals. Both will continue [...]
Chevron Products Company, a Chevron U.S.A. Inc. division, today announced the launch of its ISOCLEAN Program, a first of its kind national program that offers a solution to particle contamination through products and in-plant services designed to assist customers in maximizing the life of their equipment by meeting stringent quality control standards set by original equipment manufacturers (OEMs). Chevron’s ISOCLEAN [...]
Visa Inc. (NYSE:V) and Chevron U.S.A. Inc. (NYSE: CVX) today announced they will launch a mobile payments program at more than 20 Chevron-branded stations, accepting any NFC (near-field communications) payment service. The program, launching later this fall at select Chevron stations in San Francisco and Silicon Valley, will offer consumers a simple and more secure way to pay at the pump with a range of mobile payment [...]
SAN RAMON, Calif., Sept. 29, 2015 (GLOBE NEWSWIRE) -- Chevron Corp. (NYSE:CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, October 30, 2015, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information: Date: Friday, October 30, 2015 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # (Listen-only mode): 703-639-1116 / 866-219-5256 Conference ID #: 1662918 To access [...]
Chevron Corp. (NYSE:CVX) has reached a settlement agreement with H5, a California-based e-discovery and litigation services firm. In the settlement, H5 has withdrawn its support from the litigation against Chevron in Ecuador and has assigned its 1.25 percent interest in the $9.5 billion Ecuadorian judgment to Chevron. In 2014, Chevron obtained court-ordered discovery from H5 for the company’s role in supporting and [...]
Chevron Products Company, a Chevron U.S.A. Inc. division, today announced that Senior Staff Engineer Shawn Whitacre has been selected as the new chairman of the ASTM Heavy-Duty Engine Oil Classification Panel (HDEOCP). Shawn replaces the outgoing chairman, Chevron Consulting Scientist Jim McGeehan, who has led the panel since 1987. Shawn will help to lead development of the upcoming Proposed Category 11 (PC-11) and [...]