Chevron Corp. (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico. Stampede is a deepwater subsea development, which will be tied-back to a newly constructed Tension Leg Platform. The project design capacity will be 80,000 [...]
Chevron Corp. (NYSE:CVX) today announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country. The project included an expansion of the existing gas plant to process increased natural gas volumes from the Bibiyana Field, additional development wells and an enhanced gas liquids recovery unit. The project is expected to boost [...]
Chevron Corp. (NYSE:CVX) today announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet. The Guadalupe well was drilled by Transocean's D...
Chevron Corp. (NYSE: CVX) today announced the launch of the Appalachia Partnership Initiative, a $20 million effort, designed to address education and workforce development in 27 counties across southwest Pennsylvania, northern West Virginia and eastern Ohio. In coordination with founding partners, the Allegheny Conference on Community Development, the Claude Worthington Benedum Foundation and RAND Corporation, the [...]
Chevron Corp. (NYSE: CVX) today announced that the Pacific Sharav, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work under a five-year contract with Pacific Drilling. The Pacific Sharav will work for Chevron under a five-year contract. Photo courtesy Pacific Drilling. (Photo: Business Wire) The Pacific Sharav is an upgraded Dual-Load-Path, Samsung-12000-de...
Chevron Corp. (NYSE:CVX) today named Mary A. Francis corporate secretary and chief governance officer effective May 1, 2015. In her new role, Francis, 50, will counsel the board of directors and senior management of Chevron on corporate governance matters, manage the Corporate Governance Department and serve on the Law Function Executive Committee. She succeeds Lydia I. Beebe, who is retiring from Chevron on April 30 [...]
Chevron Corp. (NYSE:CVX) today announced that its indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached agreement to sell a 30 percent interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Companys wholly-owned subsidiary, KUFPEC Canada Inc., for $1.5 billion. The total purchase price includes cash paid at closing as well as a carry of a portion of Chevron Canadas share of the [...]
Chevron Corp. (NYSE:CVX) announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effective Feb. 1, 2015. The company also said it is making new reporting assignments for several executives. Over the course of her career, Rhonda made many significant contributions to our business and distinguished herself as one [...]
SAN RAMON, Calif., Sept. 30, 2014 (GLOBE NEWSWIRE) -- Chevron Corp. (NYSE:CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, October 31, 2014, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information: Date: Friday, October 31, 2014 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # (Listen-only mode): 703-639-1116 / 866-219-5256 Conference ID #: 1644851 To access [...]
Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo® brand of technologically advanced engine oils, lubricants and coolants, today announced the finalists for its 2014 Delo Tractor Restoration Competition. The event will bring the nation’s top teen tractor restoration specialists to Louisville, KY – during the 87th National FFA (Future Farmers of America) Convention – to compete for the national [...]
Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo® brand of technologically advanced heavy duty engine oils, lubricants and coolants, today unveiled a new category of heavy duty motor oil designed to address the growth of severe duty applications in on- and off-highway markets. Delo 400 SD SAE 15W-30 is an API CJ-4 heavy duty diesel engine oil formulated using a new Chevron patent pending [...]
Chevron U.S.A. Inc. (NYSE:CVX) today announced the launch and expansion of the 2014 Fuel Your School program, an innovative collaboration with DonorsChoose.org, an online organization that makes it easy for anyone to help students in need. In 2014, the Fuel Your School Program will generate up to $8.6 million in classroom supply funding for educators in 22 U.S. communities in 14 states where Chevron operates, with the [...]