Latest Chevron Corp News

Stocks sink on new COVID variant; Dow loses 905 points

Nov. 26, 2021 16:45 PM EST

NEW YORK (AP) — Stocks sank Friday, with the Dow Jones Industrial Average briefly falling more than 1,000 points, as a new coronavirus variant first detected in South Africa appeared to be spreading across the globe. Investors were uncertain whether the variant could potentially reverse...

Biden sets out oil, gas leasing reform, stops short of ban

Nov. 26, 2021 16:42 PM EST

WASHINGTON (AP) — The Biden administration on Friday recommended an overhaul of the nation's oil and gas leasing program to limit areas available for energy development and raise costs for oil and gas companies to drill on public land and water. The long-awaited report...

Colorado debates bonding for closing, cleaning orphan wells

Nov. 25, 2021 10:16 AM EST

DENVER (AP) — Proposed reforms meant to ensure taxpayers don’t get stuck paying to clean up oil and gas sites could actually leave the public open to eventually covering billions of dollars in costs, environmentalists and local governments contend. The Colorado Oil...

Vonage, Lee Enterprises rise; Activision, Target fall

Nov. 22, 2021 16:15 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Activision Blizzard Inc., down 18 cents to $62.20. CEO Bobby Kotick reportedly told staff that he would consider leaving the videogame maker if he couldn't fix...

Companies bid $192 million in 1st Gulf oil sale under Biden

Nov. 17, 2021 17:52 PM EST

NEW ORLEANS (AP) — Energy companies including Shell, BP, Chevron and ExxonMobil offered a combined $192 million for drilling rights on federal oil and gas reserves in the Gulf of Mexico on Wednesday, as the first government lease auction under President Joe Biden laid bare the hurdles he...

Buffett's firm trims drugmaker stakes, buys 2 new stocks

Nov. 15, 2021 20:39 PM EST

OMAHA, Neb. (AP) — Investor Warren Buffett's company made two new investments during the third quarter while trimming its holdings in several drugmakers and financial firms. Berkshire Hathaway Inc. updated its stock holdings in a quarterly filing with the Securities and...

Dollar Tree, CyrusOne rise; Splunk, Take-Two fall

Nov. 15, 2021 16:37 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: CyrusOne Inc., up $4 to $89.45. KKR and Global Infrastructure Partners are buying the data center-focused real estate investment trust for $11.5 billion. ...

The Latest: Greta Thunberg calls UN climate talks a failure

Nov. 05, 2021 13:59 PM EDT

The latest on the U.N. climate summit COP26 in Glasgow: GLASGOW, Scotland — Greta Thunberg branded the U.N. climate talks in Glasgow so far “a failure,” accusing leaders of actively creating loopholes in the rules and greenwashing their countries’ emissions. ...

The Latest: Activists give Poland 'Fossil of the Day' award

Nov. 04, 2021 16:54 PM EDT

The latest on the U.N. climate summit COP26 in Glasgow: GLASGOW, Scotland — Environmental campaigners have awarded their ‘Fossil of the Day’ award to the Polish government for giving — and then apparently backtracking on — a pledge to speed up its phaseout of...

Democratic chair issues subpoenas to oil executives

Nov. 02, 2021 19:08 PM EDT

WASHINGTON (AP) — The chairwoman of the House Oversight Committee issued subpoenas Tuesday to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry...