The purchase of Anadarko gets Chevron into two prolific areas: the Permian Basin in the US and LNG. Through Anadarko, Chevron will gain major US midstream space, including a 55% stake in the Western Midstream Partners whose pipelines crosses all over Texas, linking the Permian to the processing a ...CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies
HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...Chevron Announces $20 Billion Capital and Exploratory Budget for 2019
SAN RAMON, Calif.--(BUSINESS WIRE)--Dec. 6, 2018-- Chevron Corporation (NYSE:CVX) today announced a 2019 organic capital and exploratory spending program of $20 billion. “Our 2019 budget supports a robust portfolio of upstream and downstream investments, highlighted by our world-class Permian Basi ...Chevron Announces First Oil From Big Foot Project in the Deepwater Gulf of Mexico
Chevron Corporation (NYSE:CVX) has announced that the Chevron-operated Big Foot deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located approximately 225 miles (360 km) south of New Orleans, La., in a water depth of approximately ...Steven W. Green Named President of Chevron North America Exploration and Production
Green succeeds Jeff Shellebarger who will retire after a 38-year career Nigel Hearne appointed president of Chevron Asia Pacific Exploration and Production SAN RAMON, Calif.--(BUSINESS WIRE)--Nov. 6, 2018-- Chevron Corporation (NYSE:CVX) today named Steven W. Greenpresident of Chevron North A ...Chevron Reports Third Quarter Net Income of $4.0 Billion
Record quarterly oil-equivalent production of 2.96 million barrels per day, 9 percent higher than a year earlier Third quarter cash flow from operations of $9.6 billion Share repurchases of $750 million SAN RAMON, Calif.--(BUSINESS WIRE)--Nov. 2, 2018-- Chevron Corporation (NYSE: CVX) to ...Chevron Announces Quarterly Dividend
SAN RAMON, Calif.--(BUSINESS WIRE)--Oct. 31, 2018-- The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and twelve cents($1.12) per share, payable December 10, 2018, to all holders of common stock as shown on the transfer records of the Corpora ...Petrofac Secures North Sea Contract Extension With Chevron
Petrofac's Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited (Chevron). The agreement, which has been held by Petrofac since 2014, commenced on 30 September. In line with the contract scope, Petrofac wi ...Shell Adds Material Acreage to its Deep-Water Position in Brazil
Shell Brasil Petróleo Ltda, a subsidiary of Royal Dutch Shell plc (“Shell”), and its bid consortium member Chevron Brasil Óleo & Gás Ltda (“Chevron”), today won a 35-year production sharing contract for the Saturno pre-salt block located off the coast of Brazil in the Santos Basin. Shell will pay i ...International Tribunal Rules for Chevron in Ecuador Case
Ecuador Found Liable for Violating International Law, Supporting Fraud and Corruption SAN RAMON, Calif.--(BUSINESS WIRE)--Sep. 7, 2018-- An international tribunal administered by the Permanent Court of Arbitration in The Hague has issued an award in favor of Chevron (NYSE: CVX) and its indir ...Chevron Recommends Stockholders Reject Mini-Tender Offer by TRC Capital Corporation
SAN RAMON, Calif.--(BUSINESS WIRE)--Sep. 5, 2018-- Chevron Corporation (NYSE: CVX) said today it has been notified of an unsolicited "mini-tender offer" by TRC Capital Corporation to purchase up to 1 million shares of its common stock, representing approximately 0.052% of Chevron's outstanding shar ...Wood Launches Mew Phase of Subsea Integrity Management Industry Network
Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, PETRONAS, Shell, Suncor, Total and Woodside. Led by Wood and establish ...Q2, 2018 - Accelerated Profit Growth in the Oil & Gas Sector
In a quarter where oil prices were at their strongest levels since early 2015, the oil industry largely reported a healthy bump in revenues and profits. Investors and institutions had anticipated this, expecting strong results, but although numbers were healthily in the black all around, not e ...Chevron Reports Second Quarter Net Income of $3.4 Billion
Chevron Reports Second Quarter Net Income of $3.4 Billion Second quarter cash flow from operations $6.9 billion; $11.9 billion for six months Announces share repurchases, targeted at $3 billion per year Starts up fifth LNG train in Australia San Ramon, Calif., July 27, 2018 – C ...Chevron Announces Quarterly Dividend
SAN RAMON, Calif.--(BUSINESS WIRE)--Jul. 25, 2018-- The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and twelve cents($1.12) per share, payable September 10, 2018, to all holders of common stock as shown on the transfer records of the Corporation ...
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