Chevron Corp. (NYSE:CVX) announced that it will commit an additional $5 million over two years to The Global Fund to Fight AIDS, Tuberculosis and Malaria to target the prevention of mother-to-child transmission of HIV (PMTCT) in Nigeria. This commitment raises Chevrons 8-year investment in the Global Fund to $60 million, making the company the single largest private sector partner to the organization. We recognize the [...]
Chevron is continuing to depressurize the West Texas LPG pipeline that ruptured and subsequently ignited today at approximately 9:30 AM CST. The fire continues to decrease in size as residual product is flared and burned-off. Chevron continues to monitor the nearby 14-inch LPG pipeline and is in the process of mobilizing resources to remove product from it and depressurize the line. Chevron continues to work with the [...]
At approximately 9.30 a.m. (CST) today there was an incident at the Chevron-operated West Texas LPG system near Milford, Texas. A crew was performing excavation activities at the site when a rupture in the line was reported. Five workers at the site were immediately evacuated. All employees are accounted for and there are no reported injuries. Chevron has initiated its emergency response procedures and is working with [...]
At approximately 9.30 a.m. (CST) today, there was an incident at a Chevron pipeline near Milford, Texas. Chevron has initiated its emergency response procedures and is currently responding to the incident. Chevron's primary concern at this point is to ensure the safety of its employees and the surrounding community. As soon as there are further details, they will be made available. Contact Chevron Corp.Gareth Johnstone [...]
Chevron Corp. (NYSE: CVX) announced today that it has contributed $1.5 million to the American Red Cross to provide disaster relief assistance to Philippine communities affected by Typhoon Haiyan. Chevron is committed to helping the people of the region begin to recover in the aftermath of this tragic event," said Steve Green, Chevron vice president of Policy, Government and Public Affairs." While Typhoon Haiyan has [...]
Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo® brand of technologically advanced engine oils, lubricants and coolants, released a case study demonstrating the performance of Delo® lubricants for R.E. West Transportation. The Nashville, Tennessee-based company was able to safely achieve 70,000 mile drain intervals* – an increase of 20,000 miles over the OEM recommendation – due to the [...]
Chevron Corp. (NYSE: CVX) confirmed today that its Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terras floating production, storage and offloading vessel (FPSO) offshore Brazil. The startup of Papa-Terra is another important step toward meeting the growth target weve set for 2017, said George Kirkland, Chevrons vice chairman and executive vice president, Upstream. The successful [...]
Chevron Corp. (NYSE: CVX) today reported earnings of $5.0 billion ($2.57 per share – diluted) for the third quarter 2013, compared with $5.3 billion ($2.69 per share – diluted) in the 2012 third quarter. Sales and other operating revenues in the third quarter 2013 were $57 billion, compared to $56 billion in the year-ago period. Earnings Summary ...
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 Riley Hanson as Grand Prize winner of the 2013 Delo Tractor Restoration Competition for his restoration of a 1953 Super H Farmall tractor. The Melrose-Mendoro FFA team from Melrose, WI was selected for the $10,000 Grand Prize by a panel of expert judges [...]
The Board of Directors of Chevron Corp. (NYSE: CVX) today declared a quarterly dividend of one dollar ($1.00) per share, payable December 10, 2013, to holders of common stock as shown on the transfer records of the Corporation at the close of business on November 18, 2013. Contact Chevron Corp.Justin Higgs, +1-925-842-6175 ...
Chevron Corp. (NYSE: CVX) today announced the successful conclusion of the initial exploration phase by its Canadian subsidiary, Chevron Canada Limited, in the Kaybob area of the Duvernay play, located in west-central Alberta, Canada. Chevron Canada Limited successfully concluded the initial twelve well exploration drilling program in the liquids-rich portion of the Duvernay shale play. Five wells have been completed [...]
Chevron Corp. (NYSE:CVX) today announced its Australian subsidiary has acquired exploration interests in two offshore blocks located in the Bight Basin, a deepwater frontier basin. Blocks S12-2 and S12-3, which span more than 8 million acres (32,375 square kilometers), are located approximately 275 miles (443 kilometers) west of Port Lincoln off the South Australia coast. Chevron Australia is the operator with a 100 [...]