Chevron Corp News

Chevron Corp News From AOL News

Along Gulf, Spill Still Defines State of Mind

ALONG THE GULF COAST -- In the small brick church just across the road from the chocolate waters of Bayou Lafourche, the Rev. Joseph Anthony Pereira unbuttons his collar as the last parishioners pull out of the lot. Tonight, nearly a year after the BP oil spill began, he's asked his congregation of shrimpers and oil...

Chevron Expects Higher 1Q Profit Compared With 4Q

SAN RAMON, Calif. -- Chevron Corp. on Monday said it expects to post a higher first-quarter profit than it reported for last year's fourth quarter, due in part to rising oil prices. Chevron did not offer a specific profit forecast in advance of its quarterly report on April 29. The company said the outlook for its...

Myanmar Struck by Earthquake; 5 Facts About the Former Burma

The impoverished Southeast Asian country of Myanmar, known as Burma under British rule, is somewhat off the beaten path in terms of American news consumption and rarely makes headlines. So when it was struck by a powerful earthquake today, AOL News thought it would take a moment to offer up a quick list of key facts about...

Oil Companies Unveil Spill Containment System

NEW YORK -- A group of oil companies led by Exxon said Thursday it has built a system that can stop an undersea oil spill within weeks, a critical step towards resuming drilling in the deepest parts of the Gulf of Mexico. The group said its combination of equipment and support vessels can contain a spill similar to BP's...

Halliburton Defends Its Cement Job on BP's Well

(Oct. 29) -- Halliburton Co. conceded today it did not test the stability of the final cement mixture used to seal BP's Macondo well, but it disputed an assertion by the presidential commission that the cement gave way and set off a sequence of events that caused the catastrophic blowout in the Gulf of...

Chevron Corp News From AOL

THE HUFFINGTON POST

Are Tar Sands Pipelines Positive or Negative for Women?

Although delayed, the TransCanada Keystone XL tar sands pipeline is almost a go despite community resistance from the Canadian border to Texas refineries.

THE HUFFINGTON POST - BUSINESS

Make-Or-Break For Biofuels

After a decade of promise, advanced biofuels makers are entering a crucial make-or-break period with the first of a new generation of production facilities about to come on line.

THE HUFFINGTON POST - BUSINESS

Brazil Navy Investigates New Oil Spill Off Coast

An oil spill was discovered off Brazil's coast near the country's Espirito Santo state, Brazil's Navy said on Thursday, the latest in a series of spills that have raised questions about the safety of a massive expansion of the country's oil production capacity.

AOL MONEY & FINANCE

Exxon Mobil tops Fortune 500 list

NEW YORK -Exxon Mobil has bumped Wal-Mart from first place among the Fortune 500 top revenue-generating U.S. companies thanks to rising oil prices.

THE HUFFINGTON POST - BUSINESS

Raymond J. Learsy: Blatant Insider Commodity Trading Given Pass That Would Put Stock Traders In Handcuffs

Quite incredibly as reported in the New York Times ("Energy Chief Responds to Reports of His Deals" 05.03.12) last week that Chesapeake Energy's chief executive Aubrey K. McClendon, while acting as Chesapeake's Chairman and CEO had run a "hedge fund that traded commodities including natural gas futures, for at least four...

Chevron Corp News From the Web

05/28/12 40 Institutional Investors Demand Chevron Settle... Source: PR Newswire NEW YORK , May 28, 2012 /PRNewswire-USNewswire/ -- Only days before its annual shareholder meeting, forty Chevron investors with $580 billion in assets under management have demanded the oil giant settle the $18 billion environmental lawsuit brought by impoverished indigenous groups in the Ecuadorian rainforest almost two decades ago. The letter from the investors , sent last Friday, comes at a time of increasing pressure from shareholders on Chevron CEO John Watson for his mishandling of the Ecuador litigation. Last week, two prominent investor advisory firms, citing the risk of the Ecuador liability, dealt Watson a huge blow when they recommended shareholders vote for resolutions that directly challenge his authority to remain both as CEO and Chairman of the company, considered a major corporate governance taboo.
05/28/12 Nigeria oil bill to outlaw gas flaring Source: IOL Nigeria's newly drafted oil bill, which is now close to being finalised, mandates that oil firms must stop flaring gas by the end of this year, and that if they don't they can be fined.
05/28/12 Valero: Don't Miss $22 Entry Point Source: Seeking Alpha Valero Energy ( VLO ) is the largest independent downstream refiner and distributor of oil in the world, with a capacity of around 2.8 million barrels per day.
05/28/12 How to play Chinese oil stocks Source: StockHouse It's crazy to think that in just the last three years, China has become the world's second largest economy, the world's largest energy consumer , and the world's second largest oil consumer.
05/28/12 Wales News: Chevron employees in negligence caution... Source: WalesOnline - UK This Saturday will mark exactly one year since the blast at the Valero (formerly Chrvron) oil refinery in Rhoscrowther, Pembrokeshire, which claimed the lives of four workers and left another seriously injured.

Background on Chevron Corp

Chevron Corporation () is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries.

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