Articles by Chevron
U.S. stocks in sharp sell-off over Libya fears
February 22 2011 2:08 PM EST
U.S. stocks are plunging and oil prices are surging on fears over the continued violent unrest in Libya.
Chevron fined record $9.5 bln for polluting Ecuador, calls verdict product of fraud
February 16 2011 11:00 AM EST
U.S. oil giant Chevron Corp. said it will challenge the ruling of an Ecuadorean judge who has ordered it to pay a record $9.5 billion fine after holding it responsible for polluting a wide swath of Amazon rainforest in Ecuador from 1972 to 1992 while it operated in a consortium with state-run Petroecuador.
Ecuador court fines Chevron $8-bln for polluting Amazon
February 14 2011 6:17 PM EST
A court in Ecuador has fined US oil explorer Chevron (NYSE: CVX) $8-billion for polluting part of the country's Amazon region.
China energy firms' gas acquisitions
February 10 2011 7:59 PM EST
PetroChina (0857.HK)(PTR.N) agreed to pay C$5.4 billion ($5.4 billion) for half of Encana's Cutbank Ridge shale gas project, marking the largest Chinese investment in a foreign gas asset.
French Shale Gas Assets
February 02 2011 6:16 AM EST
Total began searching for a new joint venture partner to take a share of a shale gas exploration permit in France. The zone covered by the French permit obtained in March 2010, could contain up to 2,380 billion cubic meters of gas, this amount estimated by multiplying the average gas level in the area by the surface area.
Pre-Market Earnings on Jan. 28 (F, CVX, HON, D, DOV)
January 28 2011 9:39 AM EST
The companies that reported earnings before the markets open on Friday are: Ford Motor, Chevron Corp., Honeywell International, Dominion and Dover.
US futures range-bound ahead of GDP data
January 28 2011 8:15 AM EST
Futures on major U.S. stock indices remained range-bound on Friday ahead of economic data including key US GDP figures from the government.
Stocks in Focus (MSFT, AMZN, F, CVX, HON, D, AEP)
January 28 2011 6:36 AM EST
The companies which are expected to see active trade on Friday are: Microsoft, Amazon, Ford Motor, Chevron, Honeywell International, Dominion Resources and American Electric Power.
Increasing Oil Production Pressures
January 26 2011 8:37 AM EST
International Energy Agency last week indicated that “three digit oil prices risk damaging” the economic recovery, offering a message that OPEC should raise output; however, OPEC responded the same day by saying that global supplies are sufficient to meet demand.
Polish Shale Gas
January 19 2011 9:25 AM EST
Poland's reserves of shale gas may be as much as 3 trillion cubic meters, according to estimates by geologists and energy consultants, potentially making the country a net exporter of gas and reducing Europe's dependence on Russia.
Shell, others allowed to resume deepwater drilling in Gulf of Mexico
January 14 2011 12:19 PM EST
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), the federal agency, which oversees U.S. offshore drilling, has allowed Shell Offshore Inc. and 12 other oil and gas companies to resume deepwater drilling operations in the Gulf of Mexico without the need to submit revised exploration or development plans for supplemental National Environmental Policy Act (NEPA) reviews.
Risks for Nigerian oil go beyond elections
January 13 2011 1:56 PM EST
Clashes between political gangs rather than attacks on oil facilities are the greatest threat to Nigeria's Niger Delta ahead of April elections and the long-term security of its oil output depends on much more than who wins.
The Alaskan pipeline continued to dominate the direction
January 13 2011 11:46 AM EST
The Alaskan pipeline continued to dominate the direction of oil prices along with the release of the latest EIA oil inventory report which was mixed (see below for more details). The pipeline restarted at two -thirds of capacity yesterday while the operator constructs a by-pass around the leaky area of the line. The line will once again be shut down for about 36 hours over the weekend as the by-pass system is connected to the main line. Since the shut down last Saturday about 4.5 to 5 million ba...
Mark Lackey: Will Growth Hamper Gold?
January 13 2011 4:15 AM EST
Has the U.S. economy turned the corner? Mark Lackey with Toronto-based financial services company Pope & Co. is forecasting modest growth and slight inflation. In this exclusive interview with The Gold Report, Mark explains why that shouldn't drive a continued correction in gold prices and shares some companies that are set to prosper-whether they've got an NI 43-101-compliant estimate or not.
Crude Oil Reaches New 26-Month High on Supply Issues, Gold Continues to Rebound off Technical Support
January 12 2011 4:18 AM EST
Silver settled at $29.52 on Monday after advancing $0.43, or 1.47%, an identical gain to that on Monday. ETF holdings continued to dip, however, declining by almost 1.2 million troy ounces to 480.5 million, over 7 million below the record level set in mid-December.
Is the Worst Over For BP?
January 10 2011 2:12 PM EST
BP Plc, which is tormented by the Gulf of Mexico oil spill, has witnessed a positive development last week when Presidential Commission did not find BP solely responsible for the oil spill.
US stocks open lower despite upbeat jobs data
January 05 2011 2:58 PM EST
U.S. stocks declined in early trade on Wednesday despite upbeat private sector employment report from ADP as commodities and natural resources stocks were hurt by strong dollar.
Can US drill its way to low gasoline prices?
January 05 2011 2:21 PM EST
Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.
Chevron approached Iran to develop oil project: WikiLeaks
December 17 2010 1:16 PM EST
Chevron Corp. (CVX) negotiated with the Iranian government about developing Iraq-Iran cross-border oilfield, in direct violation of U.S. sanctions against Teheran, according to Iraqi Prime Minister Nouri al-Maliki in diplomatic cables leaked by WikiLeaks.
AGL, Nicor Merger Creates $8.6 Bln Natural Gas Firm
December 07 2010 1:25 PM EST
Energy services company AGL Resources Inc. announced an agreement to acquire rival Nicor Inc. for about $2.4 billion in cash and stock, creating a leading natural gas distributor in the U.S.