Chevron Corp.

Chevron Corp. announced today it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, S. A. and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties' focus on strategic assets in the country. Under the agreement, Chevron will receive an additional 13.21% working interest in the Petroindependencia, S.A. joint venture [...]

Chevron Corp. today confirmed an oil discovery at the Bandit prospect in the Gulf of America, as announced by operator Occidental. The exploration well is located in Green Canyon Block 680, about 125 miles south of the Louisiana coast. The well encountered high-quality, full-to-base oil-bearing Miocene sands. The co-owners are currently evaluating results to determine next steps. The discovery has the potential for subsea [...]

Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, May 1, 2026 at 11:00 a.m. ET . Conference Call Information: Date: Friday, May 1, 2026 Time: 11:00 a.m. ET / 10:00 a.m. CT Dial-in # : 800-918-2066 Conference ID #: 3173069 Speakers: Mike Wirth - Chairman of the Board & Chief Executive Officer Eimear Bonner - Chief Financial Officer Jeanine Wai - Head of [...]

Chevron Corp. today announced leadership updates that reflect the company's continued focus on strong operational performance and safety. Chevron has appointed Daniel Woodall as Chief Health, Safety and Environment Officer, effective May 1, 2026. In this role, Woodall, 49, will lead Chevron's enterprise-wide strategy to protect people, communities and the environment while supporting safe and reliable operations across [...]

Chevron Corp. , via its four Dutch subsidiaries, together with HELLENiQ ENERGY has today signed Lease Agreements with the Hellenic Republic which will enable exploration of four blocks offshore Greece. The blocks are located south of Crete and within the Peloponnese . The awarded consortium, in which Chevron holds a 70% operating interest and HELLENiQ ENERGY a 30% interest, was selected following an international call for [...]

Chevron Corp. by its subsidiary Chevron Business Development EMEA Ltd., has entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. This follows the signing of a Memorandum of Understanding with the country's National Oil Corporation . Chevron was designated as the winning bidder for Contract Area 106 located in the Sirte Basin on February 11, 2026 in Libya's 2025 Bidding Round. On January [...]

Chevron Corp. today announced several senior leadership changes. Frank Mount, President, Corporate Business Development, will retire from Chevron in November 2026 after 33 years of service. Mount has led the company's global business development activities since 2023. "Throughout his career, Frank has contributed significantly to the success of Chevron," said Chevron Chairman and CEO Mike Wirth. "I'm grateful for his [...]

Chevron Corporation reported earnings of $2.8 billion for fourth quarter 2025, compared with $3.2 billion in fourth quarter 2024. Included in the quarter was a net loss of $128 million due to pension settlement costs. Foreign currency effects decreased earnings by $130 million. Adjusted earnings of $3.0 billion in fourth quarter 2025 compared to adjusted earnings of $3.6 billion in fourth quarter 2024. See Attachment 4 [...]

Chevron Corp. today announced Thomas W. Horton has joined the company's Board of Directors as an Independent Director and has been appointed to the Board Audit Committee. Horton, 64, is a partner at Global Infrastructure Partners, a global infrastructure-investment firm, and was a senior advisor at private-equity investor Warburg Pincus. Horton previously held senior roles as chairman of American Airlines Group, Inc., and [...]

Chevron Corp. by its subsidiary, Chevron Mediterranean Limited , and the working interest owners of the Leviathan natural gas reservoir have reached a Final Investment Decision to expand the production capacity of the strategic Leviathan production platform located offshore Israel. "Chevron is a leading energy player in the Eastern Mediterranean where we are focused on natural gas production and exports. Our operations [...]