Chevron, Cummins Look to Partner on Hydrogen
Chevron U.S.A. Inc., through its Chevron Products Co. division, and Cummins Inc. announced a memorandum of understanding to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources.
Chevron Overtakes Exxon Mobil as America’s Largest Oil Company
Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more than a century ago.
Chevron to Buy Noble for $5 Billion in Rare Oil-Bust Deal
Chevron Corp. agreed to buy Noble Energy Inc. for about $5 billion in shares as the oil giant looks to beef up in the Permian Basin amid the wreckage of the worst crude crash.
Chevron, Clean Energy Partner on Adopt-a-Port Initiative to Reduce Emissions
Chevron Corp. announced it is partnering with California natural gas retailer Clean Energy Fuels Corp. on Adopt-a-Port, an initiative that provides truck operators serving the ports of Los Angeles and Long Beach with carbon-negative renewable natural gas to reduce emissions.
July 10, 2020Exxon Profits Drop as Most of World Stays Home
NEW YORK — Profits fell at ExxonMobil as the global pandemic began to erode oil demand.
Chevron Showcases New Low-Ash Oil
ATLANTA — Chevron Products Co. rolled out a new 53-foot educational trailer and a mock, walk-through diesel particulate filter designed to showcase the value of its new heavy-duty engine oil whose low-ash content is meant to reduce the clogging typical in a DPF.
Chevron’s LNG Exit Deals Fresh Blow to Canada’s Energy Industry
Abundant natural gas resources, an all-electric plant and just a nine-day hop to energy-hungry Asian markets were not enough to persuade Chevron Corp. to pursue its Kitimat gas export project in western Canada, marking a further blow to the country’s beleaguered fossil fuel industry.
Chevron Sees ‘Boom Boom Boom’ Permian Despite Signs of Slowdown
Chevron Corp. sees a “boom boom boom kind of economy” in West Texas, shrugging off signs of a Permian Basin slowdown showing up in everything from jobs to hotel rooms.
Chevron Lays Groundwork for Venezuela Exit Before Waiver Expires
Chevron Corp. appears to be laying the groundwork to leave Venezuela in the event that the U.S. declines to extend a waiver allowing it to continue operating in the country.
Chevron Earnings Jump on Permian Output, Andarko Breakup Fee
Chevron Corp. posted strong production growth from the Permian Basin combined with a stabilization in its refining operations to beat earnings estimates in the second quarter.