Latest Chevron Corp News

Minister: Chevron 'positive' about Israeli-Cypriot plans for natural gas pipeline, processing plant

May. 26, 2023 13:08 PM EDT

NICOSIA, Cyprus (AP) — Oil and gas company Chevron is “positive” about an Israeli-Cypriot plan for a pipeline that would convey offshore natural gas from both countries to Cyprus where it would be liquefied for export by ship to Europe and elsewhere, an official said Friday. ...

Climate protesters face tear gas at oil giant TotalEnergies shareholder meeting in Paris

May. 26, 2023 11:18 AM EDT

PARIS (AP) — French police threw a security cordon around a shareholders' meeting in Paris of oil giant TotalEnergies on Friday, spraying tear gas and pushing back climate protesters who chanted, “Be gentle, police officers, we're doing this for your kids!" Shareholders, some...

Micron, American Airlines fall; PacWest, Plug Power rise

May. 22, 2023 16:26 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Micron Technology Inc., down $1.94 to $66.23. China told users of computer equipment deemed sensitive to stop buying products from the U.S. memory chipmaker. PacWest...

Stock market today: Japan rises on GDP data; rest of region shaky

May. 17, 2023 00:31 AM EDT

TOKYO (AP) — Asian shares were trading mixed Wednesday as Japan's benchmark jumped on the news of solid economic growth data, while the rest of the region was mired in uncertainty. Japan's benchmark Nikkei 225 gained nearly 0.7% in early trading to 30,039.41. Australia's...

Warren Buffett's company recommits to Bank of America stock while dumping other banks

May. 15, 2023 18:43 PM EDT

OMAHA, Neb. (AP) — Investor Warren Buffett recommitted to his favorite bank stock, Bank of America, during the first quarter while dumping two other banks as part of a number of moves in Berkshire Hathaway's stock portfolio. Berkshire provided a quarterly update on its U.S....

Satellite images show tankers Iran seized off Bandar Abbas

May. 07, 2023 19:03 PM EDT

DUBAI, United Arab Emirates (AP) — Two oil tankers recently seized by Iran are anchored off the coast of one of its key port cities on the strategic Strait of Hormuz, according to satellite photos analyzed by The Associated Press on Sunday. The photos from Planet Labs PBC showed...

Iran's Revolutionary Guard seizes tanker in Strait of Hormuz

May. 03, 2023 21:33 PM EDT

DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard seized a Panamanian-flagged oil tanker in the strategic Strait of Hormuz on Wednesday, the second such capture by Tehran in under a week amid heightened tensions over its nuclear program. The taking of the...

Exxon ups production to counter falling prices in record Q1

Apr. 28, 2023 10:54 AM EDT

Exxon Mobil more than doubled its profit during the first quarter, producing more oil to overcome energy prices that have declined during a period of economic unease. The nation's second-largest oil company, Chevron, also beat expectations, but did so more through its refining...

Chevron: Q1 Earnings Snapshot

Apr. 28, 2023 06:28 AM EDT

SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Chevron Corp. (CVX) on Friday reported first-quarter profit of $6.57 billion. The San Ramon, California-based company said it had profit of $3.46 per share. Earnings, adjusted for non-recurring costs, came to $3.55 per share. ...

Iran navy seizes tanker near Oman that was on way to Houston

Apr. 28, 2023 02:13 AM EDT

DUBAI, United Arab Emirates (AP) — Iran's navy seized a Marshall Islands-flagged oil tanker in the Gulf of Oman on Thursday heading to the U.S. amid wider tensions over Tehran's nuclear program, the latest-such capture in a waterway crucial for global energy supplies. The U.S....