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Category: Chevron

Category:
  • Chevron

Oil Major Looks To Return $80 Billion To Shareholders By 2024

Thanks to careful spending in lower-risk projects with solid returns, U.S. oil supermajor Chevron has the capacity to distribute US$75 billion-US$80 billion in cash to shareholders over the next five Continue Reading

Posted On : 4 Mar 2020 Published By : Tom Whipple
Category:
  • Chevron

Chevron ups Permian Basin resource estimate to over 21 billion boe, double 2017 estimate

 Chevron has upped its Permian Basin resource estimate to more than 21 billion barrels of oil equivalent, more than double the company’s estimate just three years ago, its top executives Continue Reading

Posted On : 4 Mar 2020 Published By : Tom Whipple
Category:
  • Chevron

Chevron Counting on Permian to Yield $80 Billion for Investors

 Chevron Corp. plans as much as $80 billion in dividends and share buybacks over the next five years, boosting distributions by 20% compared with the most recent pace of payouts Continue Reading

Posted On : 4 Mar 2020 Published By : Tom Whipple
Category:
  • Chevron

Chevron Launching Layoffs in April

Some employees will be offered temporary assignments, with extended layoff dates potentially through the end of this year. Chevron Corp. will be launching a round of layoffs beginning April 6 Continue Reading

Posted On : 26 Feb 2020 Published By : Tom Whipple
Category:
  • Carbon Capture
  • Chevron

Chevron Teams Up on Carbon Capture Investment

The investment will be used to deliver a pipeline of global projects to lower emissions from the oil and gas industry. Chevron Technology Ventures, the tech arm of Chevron Corp., Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • Chevron
  • Climate
  • Exxon

Pressure is on Exxon and Chevron after BP makes major climate pledge

The biggest British petroleum producer just set one of the most ambitious climate goals of any major multinational oil-and-gas company. Now the pressure is on its American counterparts to do Continue Reading

Posted On : 15 Feb 2020 Published By : Tom Whipple
Category:
  • Chevron

Chevron Swings To $6.6B Loss After Huge Shale Gas Write-Off

Chevron Corporation ( NYSE: CVX ) posted a fourth-quarter loss of $6.6 billion versus earnings of $3.7 billion for the same period of 2018, on the back of massive write-offs Continue Reading

Posted On : 1 Feb 2020 Published By : Tom Whipple

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