Chevron Press Releases - EIN Presswire - Press Release Distribution Service

Published on April 27, 2012 - 13:10 GMT

Chevron Reports First Quarter Net Income of $6.5 Billion, Compared to $6.2 Billion in First Quarter 2011

Portfolio produces strong earnings and cash flows. Key development projects on track to deliver longer-term volume growth. Dividend increase raises yield to 3.4 percent. SAN RAMON, Calif., April 27, 2012 – Chevron Corporation (NYSE: CVX) today …

Distribution channels: Energy Industry

Published on April 25, 2012 - 20:11 GMT

Chevron Announces 11.1 Percent Increase in Quarterly Dividend

SAN RAMON, Calif., April 25, 2012 – The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of ninety cents ($0.90) per share, payable June 11, 2012, to holders of common stock as shown on the transfer records of the …

Distribution channels: Energy Industry

Published on April 17, 2012 - 13:11 GMT

Chevron and Chubu Sign Wheatstone LNG Agreement

Supply of 1 Million Tons per Annum Over 20 Years Expands Current Partnership SAN RAMON, Calif., April 17, 2012 - Chevron Corporation (NYSE: CVX) today announced that its Australian subsidiaries have signed a non-binding Heads of Agreement ( …

Distribution channels: Energy Industry

Published on April 10, 2012 - 21:11 GMT

Chevron Issues Interim Update for First Quarter 2012

SAN RAMON, Calif., April 10, 2012 – Chevron Corporation (NYSE: CVX) today reported in its interim update that earnings for the first quarter 2012 are expected to be higher than fourth quarter 2011. Upstream results are projected to improve between …

Distribution channels: Energy Industry

Published on March 28, 2012 - 20:15 GMT

Charles W. “Wick” Moorman Nominated to Chevron Board of Directors

SAN RAMON, Calif., Mar. 28, 2012 – Chevron Corporation (NYSE: CVX) announced that Charles W. "Wick" Moorman has been nominated for election to Chevron's board of directors. Moorman will be part of the slate of board nominees to be considered …

Distribution channels: Energy Industry

Published on March 15, 2012 - 21:10 GMT

Chevron Requests Authorization to Temporarily Suspend Operations at Frade Field

Decision made by partners to study future reservoir management plans as a precautionary measure SAN RAMON, Calif., March 15, 2012 – Chevron Corporation (NYSE: CVX) announced today that its subsidiary Chevron Brasil Upstream Frade Ltda. has …

Distribution channels: Energy Industry

Published on March 13, 2012 - 13:10 GMT

Chevron on Track to Achieve 20 Percent Production-Growth Target by 2017

Upstream focusing on major capital project execution, stepping up exploration activities Downstream improving returns, pursuing targeted growth in petrochemicals and lubricants Financial strength supports a robust investment queue and priority of …

Distribution channels: Energy Industry

Published on March 8, 2012 - 14:11 GMT

Judge Who Issued $18.2 Billion Ruling Against Chevron Removed From Bench

Ecuador’s Judicial Council Determines Judge Zambrano Complicit in Drug Trafficking Scandal SAN RAMON, Calif., March 8, 2012 – Chevron Corp. (NYSE: CVX) today renewed its request of authorities in Ecuador to investigate the overwhelming …

Distribution channels: Energy Industry

Published on March 6, 2012 - 03:10 GMT

Gas Well Fire Offshore Nigeria No Longer Burning

LAGOS, Nigeria, March 5, 2012 – Chevron Nigeria Limited (CNL) announced that the fire at the site of the Funiwa 1A natural gas well offshore Nigeria ceased burning on Friday, March 2. The well stopped flowing on its own. CNL has detected no natural gas …

Distribution channels: Energy Industry

Published on February 28, 2012 - 14:10 GMT

Tribunal Determines Chevron’s Ecuador Arbitration May Proceed

Permanent Court of Arbitration Panel Establishes Jurisdiction Over Claims Against Republic of Ecuador SAN RAMON, Calif., February 28, 2012 – Chevron Corp. (NYSE: CVX) today announced that an international arbitration tribunal, convened …

Distribution channels: Energy Industry

Published on February 24, 2012 - 20:10 GMT

Chevron Confirms First Production from Usan Deepwater Field

Project is company’s second multi-billion offshore development in Nigeria SAN RAMON, Calif., February 24, 2012 – Chevron Corporation (NYSE: CVX) through its Nigerian subsidiary Chevron Nigeria Limited today confirmed first production from …

Distribution channels: Energy Industry

Published on February 17, 2012 - 23:12 GMT

Drilling of Relief Well Commences Offshore Nigeria

LAGOS, Nigeria, February 17, 2012 – Chevron Nigeria Limited (CNL) has begun the process of drilling a relief well to seal the Funiwa 1A natural gas well. The relief well is being drilled to extinguish a fire that began Jan. 16 at the original well, …

Distribution channels: Energy Industry

Published on February 17, 2012 - 14:12 GMT

International Arbitration Panel Orders Ecuador to Take “All Measures Necessary” To Suspend Enforcement of the Lago ...

SAN RAMON, Calif., February 17, 2012 – Yesterday an international arbitration tribunal issued a Second Interim Award ordering Ecuador to prevent enforcement and recognition of the $18.2 billion Lago Agrio judgment, both within and without Ecuador. The …

Distribution channels: Energy Industry

Published on February 15, 2012 - 14:13 GMT

Chevron Provides Further Detail on the Future Growth Project at the Tengiz Field in Kazakhstan

SAN RAMON, Calif., February 15, 2012 – Chevron Corp. (NYSE: CVX) today reports that its affiliate Tengizchevroil LLP (TCO) expects to enter front-end engineering and design (FEED) in 2012 for an expansion project to increase total daily production between …

Distribution channels: Energy Industry

Published on January 27, 2012 - 14:11 GMT

Chevron Reports Fourth Quarter Net Income of $5.1 Billion, Compared to $5.3 Billion in Fourth Quarter 2010

Full-year earnings are a record $26.9 billion Oil and gas reserves replacement reaches 171 percent for the year SAN RAMON, Calif., January 27, 2012 – Chevron Corporation (NYSE: CVX) today reported earnings of $5.1 billion ($2.58 per share – …

Distribution channels: Energy Industry

Published on January 25, 2012 - 21:11 GMT

Chevron Announces Quarterly Dividend

SAN RAMON, Calif., January 25, 2012 – The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of eighty-one cents ($0.81) per share, payable March 12, 2012, to holders of common stock as shown on the transfer records …

Distribution channels: Energy Industry

Published on January 20, 2012 - 20:10 GMT

Chevron Appeals Illegitimate Ruling in Ecuador

Filing Asks National Court of Justice to Review and Overturn Appellate Judgment SAN RAMON, Calif., January 20, 2012 – Chevron Corporation (NYSE: CVX) today announced that it has filed an appeal seeking review by Ecuador's National Court …

Distribution channels: Energy Industry

Published on January 19, 2012 - 14:10 GMT

Chevron Announces Further Natural Gas Discovery Offshore Australia

Satyr-3 marks Chevron’s thirteenth offshore discovery in Western Australia since mid-2009 Chevron Corp. (NYSE: CVX) today announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, …

Distribution channels: Energy Industry

Published on January 19, 2012 - 01:11 GMT

Chevron Suspends Search and Rescue Efforts for Two Missing Contractors

SAN RAMON, Calif., January 18, 2012 – Chevron Corporation (NYSE: CVX) said that its subsidiary, Chevron Nigeria Limited (CNL), has called off the search and rescue activities for two contractors who were missing after Monday's fire aboard the K.S. …

Distribution channels: Energy Industry

Published on January 17, 2012 - 21:14 GMT

Chevron Provides Update on Rig Incident Offshore Nigeria

SAN RAMON, Calif., January 17, 2012 – Chevron Corporation (NYSE: CVX) said that an extensive search and rescue effort continues for two contractors who remain missing after yesterday's fire aboard the K.S. Endeavor, a drilling rig offshore Nigeria …

Distribution channels: Energy Industry