Chevron New Energies , a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy , a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION raised $45 million in Series A financing led by CNE. The capital raised will continue to fund ION's organizational growth and commercial deployment of its [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, April 26, 2024, at 11:00 a.m. ET . Conference Call Information: Date: Friday, April 26, 2024 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 800-401-3551 Conference ID #: 4513820 Speakers: Mike Wirth - Chairman of the Board and Chief Executive Officer Eimear Bonner - Vice President and Chief Financial [...]
Chevron U.S.A. Inc., a subsidiary of Chevron Corp. , and the Fab Foundation today announced the official opening of Fab Labs at Fort Valley State University and Florida A&M University . Chevron, in collaboration with the Fab Foundation, has unveiled the establishment of cutting-edge Fab Labs at Fort Valley State University and FAMU. These facilities mark a significant step towards advancing STEM education, research and [...]
JX Nippon Oil & Gas Exploration Corporation and Chevron New Energies , a division of Chevron U.S.A. Inc., have signed a Memorandum Of Understanding that provides a framework to evaluate the export of Carbon Dioxide from Japan to Carbon Capture and Storage projects located in Australia and other countries in the Asia Pacific region. This press release features multimedia. View the full release here [...]
Bunge and Chevron today announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA. The announcement was celebrated with a groundbreaking event at the site. The plant features a flexible design, intended to allow it to process soybeans as well as [...]
Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5-megawatt hydrogen production project in California's Central Valley. The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron's existing assets at the Lost Hills Oil Field in Kern County. This low carbon intensity electrolytic hydrogen will be produced through [...]
Chevron Corp. reported earnings of $2.3 billion for fourth quarter 2023, compared with $6.4 billion in fourth quarter 2022. Included in the current quarter were $1.8 billion of U.S. upstream impairment charges and $1.9 billion of decommissioning obligations from previously sold assets in the U.S. Gulf of Mexico. Foreign currency effects decreased earnings by $479 million. Adjusted earnings of $6.5 billion in fourth [...]
After 33 years of distinguished service, Mark Ross, President of Chevron Shipping Company, has elected to retire effective May 1, 2024. Barbara Pickering, currently Vice President of Operations, Chevron Shipping Company, will succeed Mark as President. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240124396325/en/ Mark Ross, President, Chevron Shipping Company [...]
Chevron, through its affiliate Union Oil Company of California, has transferred ownership and control of the former headquarters of Union Oil Company of California to the City of Santa Paula. The donation became official Dec. 27, 2023. Included in the donation are the historic headquarters building, a "Rig Building," an adjacent parking lot, select oil industry memorabilia, and a substantial $2 million grant. The grant is [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, February 2, 2024, at 11:00 a.m. ET . Conference Call Information: Date: Friday, February 2, 2024 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 800-401-3551 Conference ID #: 1036277 Speakers: Mike Wirth - Chairman of the Board and Chief Executive Officer Pierre Breber - Vice President and Chief [...]
Chevron Corp. today announced the company received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index for the 18th consecutive year. Chevron is among other major U.S. businesses that received a CEI rating of 100 points along with the new Equality 100 Award: Leaders in LGBTQ+ Workplace Inclusion, a distinction recognizing companies that meet or exceed elevated criteria focused on [...]
Chevron Corp. today announced an expected organic capital expenditure range of $15.5 to $16.5 billion for consolidated subsidiaries and an affiliate capital expenditure budget of approximately $3 billion for 2024. Upstream spending in 2024 is expected to be about $14 billion. Of this planned expenditure, two-thirds is allocated to the United States, including approximately $6.5 billion to develop Chevron's U.S. shale and [...]
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