Government, Business, Fuel

Chevron’s LNG Exit Deals Fresh Blow to Canada’s Energy Industry

Chevron LNG The Chevron Corp. and Woodside Petroleum Ltd. Kitimat LNG site stands on the Douglas Channel. (Ben Nelms/Bloomberg News)

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.

Kevin Crowley | Bloomberg News
December 11, 2019

Chevron Sees ‘Boom Boom Boom’ Permian Despite Signs of Slowdown

Chevron Corporation Richard Drew/Associated Press

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.

David Wethe | Bloomberg News
October 22, 2019
Government, Business

Chevron Lays Groundwork for Venezuela Exit Before Waiver Expires

The BP-Husky Toledo Refinery at sunset in Oregon, Ohio The BP-Husky Toledo Refinery at sunset in Oregon, Ohio, on June 13, 2017. (Luke Sharrett/Bloomberg News)

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.

September 3, 2019
Business, Fuel

Chevron Earnings Jump on Permian Output, Andarko Breakup Fee

Chevron Luke Sharrett/Bloomberg News

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.

Kevin Crowley | Bloomberg News
August 2, 2019
Business, Technology, Fuel

Chevron Seeks to Turn Canada LNG Plan Into All-Electric Design

Kitimat LNG site The Kitimat LNG site on the Douglas Channel near the town of Kitimat, British Columbia. (Ben Nelms/Bloomberg)

Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world.

Natalie Obiko Pearson | Bloomberg News
July 15, 2019
Business, Technology, Fuel

Chevron, California Bioenergy to Produce Biomethane

Chevron U.S.A. Inc. and California Bioenergy announced a joint investment in a holding company with California dairy farmers to produce and market dairy biomethane as a vehicle fuel in the state.

June 24, 2019
Business, Fuel

Exxon, Chevron to Face Climate Change Pressure From Investors

Daniel Acker/Bloomberg News

Exxon Mobil Corp. and Chevron Corp.’s unwillingness to venture beyond their core oil and gas business will face a test May 29 when shareholders vote on climate change proposals at both oil companies’ annual meetings.

Kevin Crowley | Bloomberg News
May 28, 2019
Business, Technology

Oil Giant Chevron Offering Electric Car Charging at Stations

Daniel Acker/Bloomberg News

Chevron Corp. is offering electric car charging ports at a handful of gasoline stations in its home state of California, according to a statement May 20.

Mark Chediak | Bloomberg News
May 21, 2019
Business, Fuel

Chevron Walks Away From $33 Billion Deal to Buy Anadarko

Oil Rig Luke Sharrett/Bloomberg News

Chevron Corp. is abandoning its $33 billion offer for oil driller Anadarko Petroleum Corp., the culmination of a monthlong bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.

Joe Carroll and David Wethe | Bloomberg News
May 9, 2019
Business, Fuel

Anadarko Accepts Occidental Petroleum Bid; Chevron to Make Counteroffer?

Oil Rig Craig Hartley/Bloomberg News

Anadarko Petroleum Corp.’s board has declared Occidental Petroleum Corp.’s sweetened $38 billion takeover “superior,” giving Chevron Corp. until May 10 to either boost its offer or walk away from the oil industry’s biggest deal in at least four years.

May 7, 2019