Articles by Chevron

  • Natural-Gas Deal Designed to Boost Generation of Power in Venezuela

    January 22 2012 6:15 AM

    As natural-gas prices plunge to their lowest level in a decade, Venezuela plans to tap one of Latin America's biggest gas fields as it seeks to boost power generation and even help revive stagnant oil production.

  • Chevron Files Appeal with Ecuador National Court

    January 20 2012 6:27 PM

    The Chevron Corp. announced Friday it has filed an appeal with Ecuador's National Court of Justice to review what the company calls an illegitimate ruling made against it this year.

  • Tiger Woods Upset with Hank Haney for 'The Big Miss'

    January 20 2012 2:56 PM

    Tiger Woods thinks former swing coach Hank Haney is unprofessional for writing a book about their time together. Haney's book, The Big Miss, details his six-year tenure as Woods' swing coach before their mutual parting in May 2010.

  • Chevron Calls Off Search and Rescue

    January 19 2012 3:07 PM

    The contractors were part of a group who were drilling an exploratory well off the coast of Nigeria.

  • Two Contractors Missing in Chevron Fire

    January 17 2012 9:05 AM

    Two individuals working on an exploration well off the coast of Nigeria are still unaccounted for following a fire that took place on one of the company's rigs.

  • U.S. Stocks Climb to 5-Month High

    January 12 2012 6:13 PM

    The S&P 500 closed at a five-month high for the third day on Thursday but had difficulty extending gains in the face of lackluster economic data and another European bond market test.

  • Wall Street Pauses after 3-Day Rally

    January 12 2012 1:49 PM

    U.S. stocks paused on Thursday after a three-day rally, with investors concerned about weaker U.S. economic data and comments from the European Central Bank chief that painted a mixed picture of the region's debt crisis.

  • Banks Push FTSE up on RBS Reforms, Spain Debt Sale

    January 12 2012 9:22 AM

    The FTSE 100 rose on Thursday as gains in banks, which were given a boost by a Spanish debt auction and structural reforms by RBS, outpaced losses in retailers knocked by a profit warning from Tesco.

  • Europe Auctions to Lift Wall Street Despite Weak Data

    January 12 2012 9:21 AM

    Strong bond auctions in Europe set up Wall Street stocks for a slightly higher open on Thursday, though weaker-than-expected U.S. data could cap gains.

  • U.S. Stock Futures up after Spain's Debt Auction

    January 12 2012 8:28 AM

    Stock index futures rose on Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the economy is steadily recovering.

  • Top Aftermarket NYSE Losers (QIHU, SWY, CVX, CPT, GNW, TSN, MWA, WPI, HFC)

    January 12 2012 2:37 AM

    The top aftermarket NYSE losers on Wednesday were: Qihoo 360 Technology, Safeway, Chevron, Camden Property Trust, Genworth Financial, Tyson Foods, Mueller Water Products, Watson Pharmaceuticals and HollyFrontier Corp.

  • Chavez: Venezuela Won't Recognize World Bank Ruling on Exxon Claim

    January 08 2012 4:12 PM

    Venezuelan President Hugo Chavez said Sunday that his country would not recognize a ruling by a World Bank tribunal in a multibillion-dollar arbitration case with Exxon Mobil.

  • Venezuela Doubts World Bank Ruling in Exxon Mobil Case to be Made in 2012

    January 08 2012 7:01 AM

    Venezuela's oil minister said on Saturday he does not expect a ruling in World Bank arbitration with the Exxon Mobil Corp. this year, after another tribunal awarded the U.S.-based company $908 million last week.

  • Exxon Mobil, U.S. Government Reach Deal on Disputed Gulf of Mexico Leases

    January 07 2012 1:03 AM

    The Exxon Mobil Corp. and the U.S. government struck a deal on Friday that would allow the company to move ahead with development of a field in the Gulf of Mexico estimated to yield tens of billions of dollars of oil.

  • Shell Declares Force Majeure in Nigeria

    January 05 2012 1:29 PM

    Essentially meaning greater force, the Dutch oil company is attempting to insulate itself from possible liabilities following a pipeline leak, the second in more than three weeks in the country, by declaring it beyond the company's control.

  • New Crude Oil pipeline system to be built in Gulf of Mexico

    January 05 2012 11:28 AM

    Two pipeline companies have agreed to a 50-50 J-V to build a new 149-mile offshore gathering system in the Gulf of Mexico. Enterprise Products Partners LP (NYSE:EPD) and Genesis Energy LP (NYSE:GEL) will build the system and Enterprise will be the operator.

  • Chevron Loses Appeal, Must Pay $18 Billion for Amazon Pollution

    January 04 2012 11:59 AM

    Chevron Corp. Tuesday night lost a judicial appeal against $18 billion in fines the company is being asked to pay by authorities in Ecuador. The company denies the charges and says the court ruling is the product of fraud and corruption.

  • Third Fine Levied Against Chevron Following Brazil Oil Leak

    January 03 2012 3:14 PM

    Chevron officials say new allegations levied against the U.S. oil company by Brazil's oil regulator ANP will be examined, following ANP's holiday imposition of a third fine following a November oil leak.

  • Chinese Court Accepts $78M Oil Spill-Related Lawsuit against ConocoPhillips

    January 03 2012 1:45 PM

    A Chinese court is allowing a $78 million lawsuit brought against ConocoPhillips (NYSE:COP) to move forward, after having dismissed a similar lawsuit in 2011, the state-run Xinhua News Agency reported Friday. The action is being brought by local aquaculture farmers who believe their sea cucumbers were killed by the oil spill.

  • Exxon wins less than expected from Venezuela dispute

    January 01 2012 7:28 PM

    An arbitration panel has awarded U.S. oil giant Exxon Mobil Corp $908 million in compensation for Venezuela's 2007 nationalization of its assets, less than 10 percent of what the company sought in a long legal battle with the OPEC nation.