Company News » Chevron to Move Deepwater U.S. Gulf of Mexico Platform to Sheltered Waters Following Damage to Installation TendonsBusiness Wire - June 1, 2015, 23:48 GMT
Chevron Corporation (NYSE:CVX) today advised that the Big Foot tension-leg platform (TLP) will be moved to sheltered waters from its location in the deepwater U.S. Gulf of Mexico following damage to subsea installation tendons. The tendons were pre-installed in preparation for connection to the Big Foot TLP. Between Friday, May 29 and Sunday, May
Company News » Chevron Highlights 2014 Performance and Future Growth at Annual Meeting of StockholdersBusiness Wire - May 27, 2015, 17:04 GMT
Chevron Corporation (NYSE:CVX) today provided an overview of the company’s 2014 operational and social performance and how the company is managing through current market conditions at its 2015 Annual Meeting of Stockholders in San Ramon, California. “We have the financial strength to meet the challenges of a volatile crude price environment and significant efforts
Company News » Distinguished Chevron Fellow Jim McGeehan Retires – Chevron Brand, Technology & OEM Team Moving Delo(R) Leadership Into the FutureBusiness Wire - May 7, 2015, 15:09 GMT
Chevron Products Company, a Chevron U.S.A. Inc. division, today announced that after 39 years of service, James (Jim) McGeehan, Consulting Scientist for Delo(R) Heavy Duty Engine Oils has elected to retire from Chevron effective June 30, 2015. Jim began his career with Chevron in 1976 as a Research Engineer in Chevron Research Company. During his
Company News » Chevron Reports First Quarter Net Income of $2.6 BillionBusiness Wire - May 1, 2015, 12:32 GMT
Chevron Corporation (NYSE:CVX) today reported earnings of $2.6 billion ($1.37 per share – diluted) for first quarter 2015, compared with $4.5 billion ($2.36 per share – diluted) in the 2014 first quarter. Foreign currency effects increased earnings in the 2015 quarter by $580 million, compared with a decrease of $79 million a year earlier.
The Board of Directors of Chevron Corporation (NYSE:CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable June 10, 2015, to holders of common stock as shown on the transfer records of the Corporation at the close of business on May 19, 2015.
Company News » George Kirkland, Vice Chairman and Executive Vice President, Upstream, to RetireBusiness Wire - March 31, 2015, 13:07 GMT
Chevron Corporation (NYSE:CVX) confirmed today that George L. Kirkland, vice chairman and executive vice president, Upstream, will retire from the company, effective June 15. He will be succeeded by James W. (Jay) Johnson, as executive vice president, Upstream, effective June 16. “George’s business acumen and deep operational knowledge of our industry have helped create enormous
Company News » Chevron Concludes Sale of Interest in Caltex Australia LtdBusiness Wire - March 29, 2015, 21:01 GMT
Chevron Corporation (NYSE:CVX) today announced that its wholly owned subsidiary Chevron Global Energy Inc. has completed the sell down of its 135 million shares in Caltex Australia Limited (CAL) at a share price of AUD$35.00. Chevron will receive the cash proceeds upon settlement on April 2, and reflect the gain in second quarter 2015 results.
Company News » Chevron Announces Sale of Interest in Caltex Australia LtdBusiness Wire - March 27, 2015, 06:01 GMT
Chevron Corporation’s (NYSE:CVX) wholly owned subsidiary Chevron Global Energy Inc. today announced that it has entered into an underwriting agreement for the sale of its 50 percent shareholding in Caltex Australia Limited (CAL). It is expected that these shares will be sold to a broad range of Australian and global equity market institutional investors.
Company News » Chevron Reaffirms Strategies, Financial Priorities and Growth OutlookBusiness Wire - March 10, 2015, 13:16 GMT
Chevron Corporation (NYSE:CVX) executives, at the company’s annual security analyst meeting in New York, expressed confidence in the long-term energy business and highlighted its growth outlook through 2017. At the same time, company executives outlined near-term actions to address the recent decline in commodity prices. “The fundamentals of the oil and gas business remain
Company News » Chevron Acquires Exploration Interests in MauritaniaBusiness Wire - February 4, 2015, 13:04 GMT
Chevron Corporation (NYSE:CVX) today announced that its wholly-owned subsidiary Chevron Mauritania Exploration Limited has reached an agreement to acquire a 30 percent non-operated working interest in Blocks C8, C12 and C13 offshore Mauritania from Kosmos Energy. The transaction is subject to the approval of Mauritania’s government. Blocks C8, C12 and C13 cover a contiguous area