Latest Chevron Corp News
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. ...
Supreme Court seems skeptical of EPA's 'good neighbor' rule on power plant pollution
WASHINGTON (AP) — The Supreme Court's conservative majority seemed skeptical Wednesday as the Environmental Protection Agency sought to continue enforcing an anti-air-pollution rule in 11 states while separate legal challenges proceed around the country. The EPA's “good...
New Mexico legislators seek cleaner transportation fuels, would follow West Coast's lead
SANTA FE, N.M. (AP) — New Mexico's Legislature has approved a bill aimed at reducing climate-warming pollution from cars and trucks through financial incentives to reward businesses that produce cleaner fuels. The Senate voted 26-15 Tuesday, on a party-line vote with Republicans in...
Potential $50 billion Southwestern energy giant emerges as Diamondback seeks to buy rival Endeavor
Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion. Growing confidence in an economic recovery, particularly in the U.S., has driven massive deals in the energy sector in...
Exxon overcomes hefty charge and falling crude prices in fourth quarter to top profit expectations
Exxon Mobil's fourth-quarter revenue and profits declined along with the price of oil, and the energy giant was weighed down by a hefty impairment charge tied to regulatory issues in California. Still, it posted a healthy adjusted profit and the company raised its quarterly dividend. ...
Chevron: Q4 Earnings Snapshot
SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Chevron Corp. (CVX) on Friday reported fourth-quarter net income of $2.26 billion. On a per-share basis, the San Ramon, California-based company said it had profit of $1.22. Earnings, adjusted for non-recurring costs, came to...
