Chevron News Updates

The companies get a new day in federal court after a state jury ordered Chevron to pay upward of $740 million to clean up damage to the state’s coastline.

Transportation Secretary Sean Duffy revealed April 13 that officials from PHMSA visited the pipeline site to oversee safety operations.

PC-12 is touted as a regulatory-driven, technology-aligned upgrade while remaining backward compatible and manageable for fleets.

California is highly exposed to the disruption rippling across commodity markets because it imports about 20% of its refined fuels from Asia.

The U.S. oil giant signed preliminary agreements to negotiate terms and exchange confidential data with state-owned Basra Oil over the West Qurna 2 field, Chevron said in a statement.

The U.S. is backing Exxon and Chevron as they negotiate in Venezuela, Iraq, Libya, Algeria, Azerbaijan and Kazakhstan, according to public announcements and people familiar with the talks.

Shares of U.S. oil giants Exxon Mobil and Chevron are on track for their largest monthly gains in more than three years, boosted by rising energy prices and geopolitical tensions.

Chevron, the sole Western supermajor permitted to pump Venezuelan oil, is loading tankers at the fastest pace in seven months as the U.S. government moves to control the nation’s crude riches. 

The White House is organizing a meeting Jan. 9 with U.S. oil company executives to discuss Venezuela. Representatives of Exxon, Chevron and ConocoPhillips are expected to attend.