Latest Chevron Corp News
Cyprus gives Chevron another 6 months to come up with a timetable on a natural gas field development
NICOSIA, Cyprus (AP) — The Cyprus government has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan proposed by the U.S. energy company lacked a timetable, an official said...
Exxon Mobil profit declines in 1st quarter as natural gas prices fall
Exxon Mobil's profit declined in its first quarter as natural gas prices fell and industry refining margins dropped. The energy company earned $8.22 billion, or $2.06 per share, for the three months ended March 31. A year earlier it earned $11.43 billion, or $2.79 per share. ...
Chevron: Q1 Earnings Snapshot
SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Chevron Corp. (CVX) on Friday reported first-quarter profit of $5.5 billion. On a per-share basis, the San Ramon, California-based company said it had profit of $2.97. Earnings, adjusted for non-recurring gains, came to $2.93 per...
Rory McIlroy debunks LIV Golf rumors. Greg Norman claims unanimous support during Masters trip
AUGUSTA, Ga. (AP) — This wasn't the kind of attention Rory McIlroy was hoping for on the day after the Masters. A London financial paper, City A.M., cited anonymous sources as saying McIlroy was believed to be close to an $850 million deal to join LIV Golf. The publication did not...
Chevron agrees to pay more than $13 million in fines for California oil spills
SACRAMENTO, Calif. (AP) — Chevron has agreed to pay more than $13 million in fines for dozens of past oil spills in California. The California-based energy giant agreed to pay a $5.6 million fine associated with a 2019 oil spill in Kern County. The company has already paid to clean...
Houthi missile attack kills 3 crew members in Yemen rebels' first fatal assault on shipping
DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden on Wednesday killed three of its crew members and forced survivors to abandon the vessel, the U.S. military said. It was the first fatal strike in a campaign of assaults by the...
Stock market today: Asian stocks lower after Wall Street holds steady near record highs
HONG KONG (AP) — Asian markets were mostly lower on Wednesday after U.S. stocks held near their record levels in a quiet day of trading. U.S. futures and oil prices fell. Japan’s benchmark Nikkei 225 edged 0.1% lower to 39,230.50. Chinese markets...
Chevron warns that its $53B acquisition of Hess Corp. may be in jeopardy over key asset in Guyana
Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana. ...