Chevron Corp. announced today that its acquisition of PDC Energy Inc. has been completed following approval by PDC Energy shareholders. "We're pleased to welcome PDC Energy into Chevron," said Bruce Niemeyer, Chevron's president for Americas Exploration & Production. "Our companies have similar cultures, with a focus on safe and reliable operations, teaming to deliver results, and benefiting the communities where we [...]
Chevron Corp. and Chevron U.S.A. Inc. today announced the commencement of an offer to exchange any and all validly tendered and accepted 5.750% Senior Notes due 2026 issued by PDC Energy Inc. for 5.750% Senior Notes due 2026 to be issued by CUSA and fully and unconditionally guaranteed by Chevron and cash, and the related solicitation of consents to certain proposed amendments to the indenture pursuant to which the Old [...]
S&P Dow Jones Indices will make the following changes to the S&P MidCap 400: Penske Automotive Group Inc. will replace Univar Solutions Inc. in the S&P MidCap 400 effective prior to the opening of trading on Friday, August 4. Apollo Global Management Inc. acquired Univar Solutions in a deal that closed today. Erie Indemnity Co. will replace PDC Energy Inc. in the S&P MidCap 400 effective prior to the opening of trading on [...]
Chevron Corp. today announced several senior leadership changes as well as a waiver of the mandatory retirement age for the chairman and chief executive officer, Mike Wirth. Pierre Breber, vice president and chief financial officer, will retire from Chevron in 2024 after 35 years of distinguished service to the company. Eimear Bonner, currently vice president and chief technology officer and president of the Chevron [...]
Bunge and Chevron's Renewable Energy Group Inc., a subsidiary of Chevron Corp. , acquired Chacraservicios S.r.l., based in Argentina, from the Italian-based Adamant Group. This latest investment in novel seeds adds a new oil source in Bunge and Chevron's global supply chains and will help both companies meet the growing demand for lower carbon renewable feedstocks. Terms of transaction were not disclosed. This press [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, July 28, 2023, at 11:00 a.m. ET . Conference Call Information: Date: Friday, July 28, 2023 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 800-378-6902 Conference ID #: 3386218 Speakers: Mike Wirth - Chairman of the Board and Chief Executive Officer Pierre Breber - Vice President and Chief Financial [...]
Chevron New Energies Japan GK , a subsidiary of Chevron U.S.A. Inc., and Mitsui Oil Exploration Co., Ltd today announced execution of definitive agreements to proceed with the pilot testing of advanced geothermal technology. Pursuant to these agreements, Chevron and MOECO will conduct pilot tests of a developing novel geothermal technology, specifically advanced closed loop technology. This press release features [...]
SAN FRANCISCO and SAN RAMON, Calif., May 31, 2023 /PRNewswire/ -- Brightmark RNG Holdings LLC is positioned to expand renewable natural gas production with five new anaerobic digestion dairy farm projects in western Michigan, designed to convert animal waste to renewable fuels. Brightmark RNG Holdings LLC is a joint venture between Chevron U.S.A. Inc., a subsidiary of Chevron Corp. , and Brightmark Fund Holdings LLC, a [...]
Chevron Corp. today provided an overview of the company's business plans and operations at its annual meeting of stockholders. "We're always pleased to be able to address our stockholders and the important questions on their minds. We believe Chevron is well positioned to lead in both traditional and new energy, while safely delivering higher returns, lower carbon and superior shareholder value," said Michael Wirth [...]
Richmond City Council unanimously approved California Environmental Quality Act Permit Project is the first waste diversion to renewable hydrogen facility permitted in California Hydrogen to be produced from green waste and food waste with proprietary non-combustion reforming process Richmond, Calif., facility to serve local hydrogen transportation fuel market, providing alternative to conventional fuels Raven SR's [...]
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