Archive for the ‘Chevron Corp’ Category
Chevron makes senior leadership appointments
February 5th, 2019 by Latest News
Pierre Breber has been named vice-president and chief financial officer of Chevron Corp., effective Apr. 1. He succeeds Patricia Yarrington who will retire after 38 years of service with the company.
Chevron Corp. reported earnings of $3.7 billion for the fourth quarter of 2018 compared with $3.1 billion in the same quarter in 2017, which included $2.02 billion in tax benefits related to US tax reform. Included in the current quarter was an asset w…
Chevron Corp. subsidiary Chevron USA Inc. has signed a share purchase agreement with Petroleo Brasileiro SA subsidiary Petrobras America Inc. to acquire all outstanding shares and equity interests of Pasadena Refining System Inc., which includes the re…
Chevron anchors 2019 budget with high-return, short-cycle projects
December 7th, 2018 by Latest News
Chevron Corp. estimates it will spend $20 billion in 2019 to support its upstream and downstream projects. The company said its 2019 capital and exploratory budget is “highlighted by our world-class Permian basin position, additional shale and tight de…
Steven W. Green has been named president of Chevron North America Exploration & Production, effective Mar. 1, 2019. Green succeeds Jeff Shellebarger who is retiring from Chevron after 38 years of service.
Chevron Corp. reported third-quarter earnings of $4 billion compared with $2 billion earned in third-quarter 2017. Included in the current quarter were a write-off, an asset impairment, and a nonrecurring contractual settlement totaling $930 million in…
The US Environmental Protection Agency, the US Department of Justice, and the Mississippi Department of Environmental Quality have reached a national settlement with Chevron Corp. that will require subsidiary Chevron USA Inc. to implement safety improv…
Majors awarded Brazil presalt acreage in final auction before election
September 28th, 2018 by Latest News
ExxonMobil Corp., Royal Dutch Shell PLC, BP PLC, and Petroleo Brasileiro SA (Petrobras) added operated exploration positions with awards in Brazil’s 5th presalt bid round conducted by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP) wh…
Chevron, PTTEP make Bongkot, Erawan bids
September 26th, 2018 by Latest News
Chevron Corp. and PTT Exploration & Production submitted the only bids for the expiring licenses of Bongkot and Erawan natural gas and condensate fields in the Gulf of Thailand, according to press reports.
ExxonMobi Corp. will join the Oil & Gas Climate Initiative, a group of 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change. The CEO-led organization focuses on developing …