Chevron Corp. , through its Chevron New Energies International Pte. Ltd. subsidiary, and Mitsui O.S.K. Lines, Ltd. today announced the signing of a Joint Study Agreement on the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221109006052/en [...]
Chevron Corp. , through its Chevron New Energies business, and JERA are collaborating on multiple lower carbon opportunities - including production; carbon capture, utilization, and storage; and new technology commercialization - focused on the U.S. and Asia Pacific region. The companies have signed a Joint Study Agreement to explore the potential co-development of lower carbon fuel in Australia and will conduct a [...]
Chevron Corp. today reported earnings of $11.2 billion for third quarter 2022, compared with $6.1 billion in third quarter 2021. Included in the current quarter were pension settlement costs of $177 million. Foreign currency effects increased earnings by $624 million. Adjusted earnings of $10.8 billion in third quarter 2022 compares to adjusted earnings of $5.7 billion in third quarter 2021. Sales and other operating [...]
The Board of Directors of Chevron Corp. today declared a quarterly dividend of one dollar and forty-two cents per share, payable December 12, 2022, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 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 [...]
Chevron Corp. today published a methane report that builds on Chevron's ongoing efforts to promote transparency on climate-related matters. This report details information on Chevron's approach to detecting, measuring and reducing methane intensity. Since 2016, Chevron has reduced the company's methane intensity by 50 percent. Chevron's U.S. upstream methane intensity is 85 percent lower than the U.S. upstream production [...]
Air Liquide , Chevron Corp. , LyondellBasell , and Uniper SE have announced their intent to collaborate on a joint study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along the U.S. Gulf Coast. The facility could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports, helping to increase the supply of lower [...]
Chevron U.S.A. Inc., a subsidiary of Chevron Corp. , and California Bioenergy LLC announced a joint investment in their second holding company to produce and market dairy biomethane as a renewable natural gas transportation fuel in California. At signing, the holding company, CalBioGas Hilmar LLC, secured initial funding from Chevron to build infrastructure for dairy biomethane projects in California's Merced County [...]
Chevron Corp. announced today a commitment of $500,000 to support relief efforts in Florida after Hurricane Ian left devastation across the state, causing catastrophic flooding and damage. "Our thoughts are with all the people whose lives have been impacted by Hurricane Ian," said Andy Walz, president of Chevron Americas Fuels & Lubricants. "With deep ties in Florida, we are hopeful this donation will help communities get [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, October 28, 2022, at 11:00 a.m. ET . Conference Call Information: Date: Friday, October 28, 2022 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 877-502-9276 Conference ID #: 9382025 Speakers: Mike Wirth - Chairman of the Board & Chief Executive Officer Pierre Breber - Vice President and Chief Financial [...]
Chevron Corp. today announced that its subsidiary, Chevron U.S.A. Inc. , has safely delivered its first shipment of offset-paired liquefied natural gas cargo. Greenhouse gas emissions for the cargo, from the Gorgon Project off the northwest coast of Western Australia, will be fully offset via the retirement of high-quality nature-based and energy efficiency offsets in Cambodia, Indonesia and Nepal. "Chevron's first full [...]
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 [...]
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