Chevron New Energies International Pte, Ltd. , and Mitsui Oil Exploration Co., Ltd today announced the signing of a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan. Building on Chevron and MOECO's long-standing relationship, the new collaboration will study geothermal resource potential across Japan and will evaluate the effectiveness of [...]
Air Liquide, Chevron, Keppel Infrastructure, and PetroChina1 announced they have signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of large-scale carbon capture, utilization, and sequestration solutions and integrated infrastructure in Singapore. The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS [...]
Chevron Corp. , through its affiliate Chevron Australia Pty Ltd, is part of three joint ventures that have been granted an interest in three greenhouse gas assessment permits offshore Australia. The blocks, including two in the Carnarvon Basin off the north-western coast of Western Australia and one in the Bonaparte Basin offshore Northern Territory, total more than 31,500 km2 or nearly 7.8 million acres - an area larger [...]
Chevron Corp. , one of the world's leading energy companies, announced today the launch of the Chevron Exchange Q&A Series, starting with a virtual fireside chat with Chief Financial Officer Pierre Breber on Thursday, September 15, 2022. Chevron will partner with Say Technologies to offer a platform to receive and answer questions from verified retail shareholders. Breber plans to address a selection of top-voted [...]
Mike Wirth, chairman and CEO of Chevron Corp. , will take part in the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2022, at 8:00 AM ET, discussing corporate strategy and the company's focus on achieving higher returns and lower carbon. Please visit www.chevron.com/investors to view a live webcast of the conversation and Q&A session. A replay will be available on the website after the event for those [...]
Today, Chevron announced that Dr. Anoop Kumar, senior staff scientist at Chevron Corp.'s Richmond Technology Center in California, was named the new president of the National Lubricating Grease Institute . Based in Liberty, Missouri, the NLGI is a not-for-profit trade association, primarily composed of companies who manufacture and market all types of lubricating grease. This press release features multimedia. View the [...]
Restaurant Technologies is taking a step forward in its sustainability journey by utilizing biofuels from Chevron Renewable Energy Group, a subsidiary of Chevron Corp. , in its commercial vehicle fleet. The step is unique because the biofuels come from Restaurant Technologies' own total oil management business - one which manages millions of gallons of fresh and used cooking oil for major restaurant chains across the U.S [...]
Chevron Lubricants introduced its Delo TorqForce Syn FD-1 high performance, fully synthetic lubricant designed for use in final drives and axles of large mining haul trucks and other support equipment. Delo TorqForce Syn FD-1 was designed to increase performance over conventional SAE 60 TO-4 and FD-1 products and formulated to deliver maximum system protection, including: This press release features multimedia. View the [...]
Brightmark RNG Holdings LLC - a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corp. , and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider - delivered first gas at its Athena Project in Minnehaha County, South Dakota. The project is comprised of three farms located in Minnehaha County: Boadwine Farms, Pioneer Dairy, and Mooody Dairy. The [...]
Chevron Corp. today announced the appointment of Alana K. Knowles as vice president and controller, effective March 1, 2023. Knowles will succeed David A. Inchausti, who will resign from that position effective February 28, 2023, and is expected to retire from the company in April 2023, after 35 years of service. Knowles will lead Chevron's accounting policy and external reporting, financial reporting and analysis [...]
Chevron Corp. today reported earnings of $11.6 billion for second quarter 2022, compared with $3.1 billion in second quarter 2021. Included in the current quarter were charges associated with an early contract termination of $600 million, pension settlement costs of $11 million, and a gain on asset sales of $200 million. Foreign currency effects increased earnings by $668 million. Adjusted earnings of $11.4 billion in [...]
The Board of Directors of Chevron Corp. declared a quarterly dividend of one dollar and forty-two cents per share, payable September 12, 2022, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 19, 2022. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more [...]