Latest Chevron Corp News

Australia's Woodside Petroleum pulls out of Myanmar projects

Jan. 27, 2022 04:11 AM EST

BANGKOK (AP) — Australia’s Woodside Petroleum is withdrawing from projects in strife-torn Myanmar, following a similar decision last week by Total and Chevron. Woodside put all its Myanmar activities under review after the military seized power a year ago, deposing the elected...

Chevron, Total to exit Myanmar over human rights abuses

Jan. 21, 2022 14:11 PM EST

PARIS (AP) — Total Energies and Chevron, two of the world's largest energy companies, said Friday they were exiting Myanmar, citing rampant human rights abuses and deteriorating rule of law since the country's military overthrew the elected government in February. The announcement...

Climate change rally ends at Biden’s Wilmington home

Jan. 09, 2022 09:06 AM EST

WILMINGTON, Del. (AP) — At least 40 climate activists assembled outside President Joe Biden’s Wilmington home on Saturday afternoon. The movement, called Occupy Biden, has been camped out round the clock at 909 Centre Road since Christmas Day and ended their week-long occupation with a rally...

Myanmar public urges gas sanctions to stop military funding

Dec. 15, 2021 20:54 PM EST

JAKARTA, Indonesia (AP) — The young woman in Myanmar decided to speak out when she realized that money from the company she loved was now in the hands of the military leaders she hated. She and her parents had long worked for Total Energies, the French company that operates a...

Amid military atrocities, Myanmar public urges gas sanctions

Dec. 15, 2021 18:03 PM EST

JAKARTA, Indonesia (AP) — The young woman in Myanmar decided to speak out when she realized that money from the company she loved was now in the hands of the military leaders she hated. She worked for Total Energies, the French company that operates a gas field off Myanmar’s...

Shell walks 'tightrope' of demands amid climate pressures

Dec. 10, 2021 10:45 AM EST

LONDON (AP) — From now on, just call it Shell. Royal Dutch Shell on Friday received approval from shareholders to simplify its archaic corporate structure, which grew out of the merger more than a century ago of a British firm that once traded in exotic seashells and an oil company...

Oregon lawmakers push for state divestment from fossil fuels

Dec. 08, 2021 18:42 PM EST

SALEM, Ore. (AP) — The state of Oregon should divest from the fossil fuels industry to protect both the environment and its investments, three Oregon lawmakers said Wednesday as a new study put the level of that investment at $1.8 billion or more. “The Oregon Treasury, which...

Exxon Mobil rolls out plan to cut emissions in Permian Basin

Dec. 06, 2021 17:03 PM EST

ALBUQUERQUE, N.M. (AP) — Exxon Mobil says it has a plan for cutting greenhouse gas emissions from its operations in one of the most prolific oilfields in the United States, saying it hopes to achieve its net-zero goal for operations in the Permian Basin by 2030. The company made...

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...