Chevron Corp. today announced Laura Lane will become vice president and Chief Corporate Affairs Officer, effective February 1. Lane will oversee the company's government affairs, communications, and social investment activities. Lane will be based in Houston and succeed Al Williams, who is retiring in April after 34 years at the company. "Laura's background in both the private and public sectors, her proven leadership in [...]
Chevron Corp. today announced the start of oil production from the Whale semi-submersible platform in the deepwater U.S. Gulf of Mexico. Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation, owns 40% working interest in Whale, with Shell Offshore Inc. owning 60% interest as operator. The milestone is Chevron's latest following a year when it achieved first production from its industry-first high-pressure [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, January 31, 2025, at 11:00 a.m. ET . Conference Call Information: Date: Friday, January 31, 2025 Time: 11:00 a.m. ET / 10:00 a.m. CT Dial-in # : 866-409-1555 Conference ID #: 8815912 Speakers: Mike Wirth - Chairman of the Board & Chief Executive Officer Eimear Bonner - Vice President & Chief Financial [...]
Mike Wirth, Chairman and CEO of Chevron Corp. , will take part in the Goldman Sachs Energy, CleanTech & Utilities Conference 2025 on Wednesday, January 8, 2025, at 9:00 AM ET, discussing corporate strategy and the company's primary objective of delivering higher returns, lower carbon and superior shareholder value in any business environment. Please visit here to view a live webcast of the conversation. Chevron is one of [...]
Synchrony Continues as Exclusive Issuer of the Techron Advantage Credit Card for Chevron and Texaco Customers Synchrony , a premier consumer financial services company, today announced the extension of their collaboration with Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corp. , on the Techron Advantage Credit Card program. The amendment by the parties of their existing agreement to extend the term builds [...]
Chevron U.S.A., Inc. , a wholly owned subsidiary of Chevron Corp. , has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,000 barrels per day. Chevron acquired the Pasadena Refinery in 2019 with the strategic intent to expand its Gulf Coast refining system. This project is expected to [...]
Chevron Corp. today announced an organic capital expenditure range of $14.5 to $15.5 billion for consolidated subsidiaries and an affiliate capital expenditure range of $1.7 to $2.0 billion for 2025. The company's 2025 capex and affiliate capex budgets represent a $2 billion year-over-year reduction. "The 2025 capital budget along with our announced structural cost reductions demonstrate our commitment to cost and capital [...]
Chevron: What: Chevron U.S.A. Inc. kicked off its volunteerism program called H-Town Blitz in partnership with Houston Texans Legends Community the first week of October. On October 17, the focus is on teaming with Kids' Meals Houston to set a new daily record by packing 18,000 brown bag lunches to be distributed to homes of deserving children across the Greater Houston Area. Chevron will also present Kids' Meals Houston [...]
Chevron today announced a donation of $250,000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. The funds will provide support for emergency teams and volunteer efforts. "Our thoughts are with the Florida residents as they recover from Hurricane Milton," said Mike Vomund, vice president of Fuel Sales, Chevron. "We understand that reliable energy is essential to the recovery [...]
Chevron Canada Limited, an indirect subsidiary of Chevron Corp. , announced today that it and a related entity have entered into a definitive agreement to sell their 20 percent non-operated interest in the Athabasca Oil Sands Project, 70 percent operated interest in the Duvernay shale, and related interests, all located in Alberta, Canada, to Canadian Natural Resources Ltd.. The US$6.5 billion all-cash transaction has an [...]
Chevron Corp. today announced a donation of $250,000 to support immediate relief and recovery efforts after Hurricane Helene devastated parts of Florida, Georgia, North Carolina, South Carolina and Tennessee, causing catastrophic flooding and damage. The funds will provide support for emergency team and volunteer efforts. "This destructive hurricane has affected our neighbors far and wide, and our hearts go out to them [...]