Latest Chevron Corp News

US officials back in Venezuela in a bid to rebuild ties

Jun. 27, 2022 22:50 PM EDT

CARACAS, Venezuela (AP) — Senior U.S. government officials have quietly traveled to Caracas in the latest bid to bring home detained Americans and rebuild relations with the South American oil giant as the war in Ukraine drags on, forcing the U.S. to recalibrate other foreign policy objectives. ...

Qatar Energy to cut emissions as methane movement grows

Jun. 27, 2022 16:37 PM EDT

DUBAI, United Arab Emirates (AP) — The state-owned oil and gas company Qatar Energy said Monday it is joining a new industry-led initiative to reduce nearly all methane emissions from operations by 2030. It comes as part of a broader global push to tackle emissions from methane,...

Oil industry says Granholm meeting sends 'positive signal'

Jun. 23, 2022 18:20 PM EDT

WASHINGTON (AP) — An oil industry meeting with Energy Secretary Jennifer Granholm to lower gas prices and boost domestic oil supplies was constructive, but did not produce a major breakthrough, administration and industry officials said Thursday. The closed-door meeting came as...

Sonoco Products, Korn Ferry rise; Chevron, Altria fall

Jun. 22, 2022 16:27 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Advance Auto Parts Inc., up $2.93 to $174.66. The auto parts retailer said it has opened 22 new stores in the Los Angeles market as part of an expansion. ...

Biden, Chevron chief trade sharp words over gas prices

Jun. 21, 2022 17:59 PM EDT

WASHINGTON (AP) — In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.” ...

Kellogg, Spirit Airlines rise; Acadia, ODP fall

Jun. 21, 2022 16:36 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Tesla Inc., up $60.83 to $711.11. CEO Elon Musk reportedly confirmed that the electric vehicle maker will cut its salaried workforce by about 10%. Kellogg Co., up...

Biden tells oil refiners: Produce more gas, fewer profits

Jun. 15, 2022 13:09 PM EDT

President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the pump. “The crunch that families are facing...

Biden renews sanctions license for Chevron in Venezuela

May. 27, 2022 14:15 PM EDT

MIAMI (AP) — The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-run nation. The license issued Friday by the U.S. Treasury Department allows the California-based Chevron and...

House passes bill to crack down on gasoline 'price gouging'

May. 19, 2022 16:49 PM EDT

WASHINGTON (AP) — A closely divided House approved legislation Thursday to crack down on alleged price gouging by oil companies and other energy producers as prices at the pump continue to soar. A bill backed by House Democrats would give President Joe Biden authority to declare an...

US to ease a few economic sanctions against Venezuela

May. 17, 2022 19:51 PM EDT

CARACAS, Venezuela (AP) — The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the U.S.-backed opposition and the government of President Nicolás Maduro. The limited changes will allow...