Chevron boss says operating costs must be cut to boost productivity
Chevron’s chief executive has told Australia it must cut its operating costs if it wants to lift productivity and attract new investment in the energy sector.
Chevron
Shell, Chevron and Total have debt ratings cut by Moody’s on price rout
Three of the world’s largest energy companies had their credit ratings lowered by Moody’s Investors Service on the expectation that oil prices will stay low for longer and cause leverage concerns.
Chevron chief exec’s salary drops 15%
Oil major Chevron's chief executive took a 15% drop in his annual salary last year.
MRC Global wins Chevron Gulf of Mexico contract
MRC Global has won a new maintenance, repair and operations agreement to be a preferred supplier of pipe, valves and fittings products and services to Chervron's operations in the Gulf of Mexico.
Engie, Marubeni eye Chevron geothermal assets
Engie and Marubeni are said to be among several suitors planning to bid for Chevron's geothermal energy blocks, according to reports.
Chevron halts production at $54billion Gorgon LNG Development
Chevron Corp. temporarily halted output at its $54billion Gorgon liquefied natural gas project in Australia due to mechanical problems just two weeks after making the first shipment to Japan.
Chevron names new VP
Chevron has appointed Randolph Richards as the firm's new corporate vice president and treasurer.
Chevron sells Alberta gas share
Chevron Canada Properties has sold off one of its Alberta subsidiaries to Amphora Canada Gas Storage for an undisclosed amount.
Chevron’s Gorgon project faces ‘mechanical problems’
Oil major Chevron is facing a bill estimated to run into the hundreds of millions of dollars after a mechanical problem on its Gorgon project.
Exxon, Chevron told by SEC to put climate proposal to shareholders
The US SEC (Securities and Exchange Commission) has decided both oil giants ExxonMobil and Chevron must allow a shareholder vote on a proposal they should conduct analysis on the financial impact any climate change regulation would have on their operations.
Chevron California refinery reports mechanical problems
Oil major Chevron has reported mechanical problems which led to flaring at a refinery in California.
Chevron ships first LNG cargo from landmark Gorgon
Chevron today confirmed its first shipment from its landmark LNG Gorgon Project.
Chevron and Cairn’s shares in double boost
Cairn Energy Plc gained the most in 16 months after the explorer reported positive results from an oil well off Senegal, potentially opening up commercial development for the area.
Chevron targets short-cycle projects as it slashes CAPEX
Chevron bosses today told investors the industry giant would be targeting “short-cycle, higher return” projects in a bid to strengthen its financial position.
Chevron kick-starts production from $54billion Gorgon project
Chevron confirmed it had successfully started production from its $54billion liquefied natural gas (LNG) and condensate Gorgon Project.
Cheniere lines up first tanker export of US LNG
A LNG tanker docked at the Sabine Pass terminal in Louisiana only days before the United States ships its first export cargo of seaborne gas from the lower 48 states.
Video: Chevron chief exec impresses with Eagle shot
The chief executive of oil major Chevron made the “shot of the day” at a recent golf tournament in California. The talented golfer impressed fellow amateur golfers at the AT&T Pebble Beach Pro-Am earlier this month. His shot scored a two-under-par on the 18th hole at Pebble Beach. Watch the video below.
Chevron strengthens team with new Asia-Pac appointment
Oil major Chevron has appointed a new president of its operations in Asia.
Wood Group lands Chevron North Sea extension, protects 30 jobs
Wood Group today confirmed it had secured a contract extension with Chevron Upstream Europe for four North Sea assets.
Chevron to reduce Gulf of Mexico headcount by 385 jobs
Oil major Chevron could reduce its headcount in the Gulf of Mexico by up to 385 positions.
Chevron hands asset stake to Seplat after Supreme Court judgement
Oil major Chevron has handed over the producing assets in a number of oil mining leases to Seplat Petroleum Development Company following a Supreme Court judgement.
Chevron posts first losses since 2002
Chevron Corp. lost money for the first time in more than 13 years as a collapse in prices for the global oil explorer’s main product forced it to write down the value of crude and natural gas fields. Shares fell. The fourth-quarter net loss was $588 million, or 31 cents a share, compared with profit of $3.5 billion, or $1.85, a year earlier, the San Ramon, California-based company said in a statement on Friday. The per-share result was worse than any of the 22 analysts in a Bloomberg survey whose estimates ranged from gains of 29 cents to 63 cents.
Chevron achieves first gas
Chevron has achieved first gas for one of the largest onshore gas projects in China.
Angola LNG export project back online
Oil major Chevron said the Angola LNG export project has started recommissioning.
Chevron to sell 75% of its South African unit
Oil major Chevron said it plans to sell 75% of its South African business unit.