Latest Chevron Corp News

Report: New Mexico construction job boom driven by oil, gas

Oct. 12, 2019 1:22 PM EDT

SANTA FE, N.M. (AP) — A surge in construction jobs continues in New Mexico thanks in large part to the oil and gas boom in the southeastern corner of the state. A new report by the Associated General Contractors of America found that New Mexico added 4,300 construction jobs in a one-year period starting in...

Gasoline fundraiser for school supplies rankles and pleases

Oct. 3, 2019 8:45 PM EDT

SANTA FE, N.M. (AP) — A major U.S. oil company encountered criticism and appreciation Thursday for its pledge to donate $1 to local school projects for every tank of gasoline purchased, as New Mexico schools and state government grapple with an increasing financial reliance on the fossil fuel industry....

Big Tech's eco-pledges aren't slowing its pursuit of Big Oil

Oct. 2, 2019 7:09 AM EDT

Employee activism and outside pressure have pushed big tech companies like Amazon, Microsoft and Google into promising to slash their carbon emissions. But there's another thing these tech giants aren't cutting: Their growing business ties to the oil and gas industry. When Microsoft held an all-staff meeting in...

10 Things to Know for Today

Oct. 2, 2019 6:11 AM EDT

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. WARNINGS OVER TRUMP INQUIRY FLY BETWEEN POMPEO, DEMOCRATS The secretary of state tries to delay five current and former officials from providing documents and testimony, but Democrats have set closed-door...

T. Boone Pickens, oilman and renewables advocate, dies at 91

Sep. 11, 2019 6:39 PM EDT

OKLAHOMA CITY (AP) — T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was 91. Pickens was surrounded by friends and family when he died of natural causes under hospice care at his Dallas home, spokesman Jay Rosser said....

Biden defends campaign fundraiser with natural gas investor

Sep. 4, 2019 11:25 PM EDT

WASHINGTON (AP) — Joe Biden is defending himself against criticism that the co-founder of a liquefied natural gas firm is hosting a fundraiser for him despite his pledge not to accept fossil fuel money for his 2020 presidential bid. The former vice president said Wednesday during a CNN climate town hall...

Boeing, Bank of America fall while Conn's, Newmont gain

Sep. 3, 2019 4:41 PM EDT

Stocks that moved substantially or traded heavily on Tuesday: Apple Inc., down $3.04 to $205.70 The maker of iPhones faces more tariffs on some of its products in the escalating U.S.-China trade war. Newmont Goldcorp Corp., up 50 cents to $40.39 The price of gold jumped as investors shifted their focus to less...

BP to shed Alaska assets, sell to Hilcorp Alaska for $5.6B

Aug. 27, 2019 8:33 PM EDT

JUNEAU, Alaska (AP) — BP plans to sell its interests in Alaska's once prodigious North Slope to a company seen as having a reputation of giving new life to aging fields. The sale to Hilcorp Alaska, an affiliate of Texas-based Hilcorp Energy Co., would be worth $5.6 billion, and include interests in the...

California orders halt to oil spill flowing since 2003

Aug. 26, 2019 7:45 PM EDT

BAKERSFIELD, Calif. (AP) — California state regulators say they're making new attempts to stop persistent oil spills in the oil-rich Central Valley, including one that has been flowing intermittently for 16 years and may have spilled more than 50 million gallons (189 million liters). The problems stem from...