Chevron Corporation
News and overview for Chevron Corporation
Chevron Announces First Oil Production From Indonesia s North Duri Field [Press Release]
Business Wire | 6 days 18 hours 48 minutes ago
Chevron Corporation (NYSE:CVX) today announced that its wholly owned subsidiary, PT Chevron Pacific Indonesia, has started producing crude oil from the North Duri Field Area 12 in Indonesia, where Chevron produces nearly half the nation’s crude oil.
Chevron Announces First Oil From Blind Faith Field in Gulf of Mexico [Press Release]
Business Wire | 19 days 23 hours 18 minutes ago
Chevron Corporation (NYSE:CVX) today announced that it has started crude oil production from its Blind Faith Field in the deepwater Gulf of Mexico. First oil from Blind Faith was achieved on Nov. 11, 2008. Daily production is expected to ramp up to approximately 65,000 barrels of crude oil and 55 million cubic feet of natural gas over the next three months.
Chevron Energy Solutions Expands Into Hawaii [Press Release]
PRNewswire | 10 days 22 hours 48 minutes ago
HONOLULU, Nov. 21 /PRNewswire/ -- Chevron Energy Solutions announced today the opening of a new office in Honolulu and its selection by the State of Hawaii as one of the state's pre-qualified energy service companies. This selection allows the company to perform energy services -- including developing and installing cost-reducing energy efficiency improvements and renewable power facilities -- for public entities in the state effective December 1.
U.S. Army, Chevron and Keenan Development Receive 2008 National Council for Public-Private Partnerships' Infrastructure Award [Press Release]
PRNewswire | 12 days 1 hour 48 minutes ago
FREDERICK, Md., Nov. 20 /PRNewswire/ -- The National Council for Public-Private Partnerships (NCPPP) announced today it has selected the U.S. Army's Enhanced-use Leasing Program, Chevron Energy Solutions and Keenan Development to receive the council's 2008 Infrastructure Award. The award recognizes outstanding leadership and an exemplary enhanced-use leasing project that illustrates the best practices and innovative approaches in the use of public-private partnerships (PPPs).
Chevron Reports Third Quarter Net Income of $7.9 Billion, Up From $3.7 Billion in Third Quarter 2007 [Press Release]
Business Wire | 32 days 8 hours 18 minutes ago
Chevron Corporation (NYSE:CVX) today reported net income of $7.9 billion ($3.85 per share – diluted) for the third quarter 2008, compared with $3.7 billion ($1.75 per share – diluted) a year earlier. For the first nine months of 2008, net income was $19.0 billion ($9.23 per share – diluted), up from $13.8 billion ($6.45 per share – diluted) for the same period in 2007.
Chevron Sells Marketing Businesses in Kenya and Uganda [Press Release]
Business Wire | 29 days 13 hours 48 minutes ago
Chevron Corporation (NYSE:CVX) today announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell 100 percent of its shareholdings in Chevron Kenya Limited and Chevron Uganda Limited to Total Outre Mer S.A (Total). Under the terms of the sales, Total is to acquire Chevron’s marketing businesses in both countries. Chevron Kenya Limited and Chevron Uganda Limited’s assets include 165 Caltex-branded service stations, one terminal, seven fuel depots, six aviation facilities, o...
Devon Energy Completes Asset Exchange With Chevron [Press Release]
PRNewswire | 28 days 18 hours 48 minutes ago
OKLAHOMA CITY, Nov. 3 /PRNewswire-FirstCall/ -- Devon Energy Corporation
Chevron Third Quarter 2008 Earnings Conference Call [Press Release]
Business Wire | 40 days 1 hour 48 minutes ago
Chevron Corporation (NYSE: CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, October 31, 2008, at 11:00 a.m. EDT (8:00 a.m. PDT).
Zacks Analyst Blog Highlights: Chevron Corp., Total SA, CarMax, Inc., McCormick & Schmick's Seafood Restaurant and Natural Resource Partners, L.P. [Press Release]
Business Wire | 13 days 9 hours 48 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Chevron Corp. (NYSE: CVX), Total SA (NYSE: TOT), CarMax, Inc. (NYSE: KMX), McCormick & Schmick's Seafood Restaurant (Nasdaq: MSSR) and Natural Resource Partners, L.P. (NYSE: NRP).
Deep Down Receives $11.1 Million Delba III Buoyancy Contract [Press Release]
PRNewswire | 6 days 22 hours 11 minutes ago
HOUSTON, Nov. 25 /PRNewswire-FirstCall/ -- Deep Down, Inc.
Chevron Donates $500,000 to Support California Firefighting Efforts [Press Release]
Business Wire | 55 days 2 hours 48 minutes ago
Chevron Corporation (NYSE:CVX) announced today that it has donated $500,000 to the State of California’s Department of Forestry and Fire Protection (CAL FIRE) to help support the cost of battling the state’s severe wildfires this year.
Chevron Sells Fuels Marketing Businesses in Western Africa [Press Release]
Business Wire | 71 days 6 hours 48 minutes ago
Chevron Corporation (NYSE:CVX) today announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell its affiliates in Benin, Cameroon, Republic of the Congo, Côte d’Ivoire and Togo to Corlay Global S.A., a Panamanian company owned by an African-based consortium composed of MRS Holdings Limited and Petroci Holdings. All of the affiliates are wholly owned with the exception of Chevron Togo S.A., in which Chevron has a 65 percent interest. Chevron’s upstream operations in the r...
Research and Markets: The Company Profile Valero Energy Corporation Analysis Across the Oil and Gas Value Chain Analyses and Forecasts Output For Major Oil and Gas Assets To 2020 [Press Release]
Business Wire | 21 days 4 hours 16 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/f8e5fd/valero_energy_corp) has announced the addition of Global Markets Direct's new company profile "Valero Energy Corporation Analysis across The Oil and Gas Value Chain" to their offering.
Chevron Sells Fuels Marketing Business in Nigeria [Press Release]
Business Wire | 74 days 10 hours 48 minutes ago
Chevron Corporation (NYSE:CVX) today announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell Chevron Nigeria Holdings Limited to Corlay Global S.A, a Panamanian company owned by an African-based consortium composed of MRS Holdings Limited and Petroci Holdings. Chevron Nigeria Holdings Ltd. is a Bermudan company that holds 60 percent of the issued shares of Chevron Oil Nigeria PLC, a publicly listed operator and owner of downstream marketing assets in Nigeria. Chevron’...
Chevron Achieves Full Production from Tengiz Expansion Projects [Press Release]
Business Wire | 68 days 7 hours 39 minutes ago
Chevron Corporation (NYSE:CVX) today announced that its affiliate Tengizchevroil LLP has completed a major expansion at the Tengiz Field in Kazakhstan that will nearly double production capacity at one of the world’s largest oil fields.
Company Overview
| Company: | Chevron Corporation |
|---|---|
| Industry: | Oil & Gas Refining, Marketing & Distribution |
| Website: | http://www.chevron.com |
Having added Texaco's star (and subsequently Unocal's authority) to its stripes, Chevron (formerly ChevronTexaco) can pull rank on its rivals. The second-largest US integrated oil company (behind Exxon Mobil) has proved reserves of 10.8 billion barrels of oil equivalent and a daily production of 2.6 million barrels of oil equivalent, and it also owns interests in chemicals, pipelines, and power production businesses. The company, which is restructuring its refinery and retail businesses, owns or has stakes in 9,700 gas stations in the US which operate under the Chevron and Texaco brands. Outside the US it owns or has stakes in 15,400 gas stations, which also use the Caltex brand.
Key Numbers
| Sales in U.S. Dollars (mil.) | 220,904 (2007) |
|---|---|
| One-year % Growth in Sales | 5.1 (2007) |
| Net Income in U.S. Dollars (mil.) | 18,688 (2007) |
| One-year % Growth in Net Income | 9.0 (2007) |
| Number of Employees | 65,000 (2007) |
| One-year % Growth in Number of Employees | 4.0 (2007) |
| Fiscal Year-End | December |
