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Chevron Corp

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  • QUITO, July 3- It is one of the most biodiverse nations on earth, boasting the Amazon rainforest, Andean mountains and the Galapagos Islands, where Charles Darwin formulated his theory of evolution. Yet with a heavy reliance on oil and mining, Ecuador, where Pope Francis begins his South America tour this weekend, is a prime example of tensions between politics,...

  • QUITO, July 3- Ecuador is one of the most biodiverse nations on earth, boasting the Amazon rainforest, Andean mountains and the Galapagos Islands, where Charles Darwin formulated his theory of evolution. Yet with a heavy reliance on oil and mining, Ecuador, where Pope Francis begins his South America tour this weekend, is a prime example of tensions between...

  • HOUSTON, June 29- Petty legal filings. Oilfield services provider Nabors Industries Ltd, for example, counted non-votes from brokers as votes against the proposal. Shale oil company Pioneer Natural Resources Co filed a last-minute counterproposal calling for a higher ownership threshold of 5 percent, which institutional investors say is much harder to...

  • SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from Kozmino near...

  • U.S. West Coast refiners snap up Russian crude cargoes Wednesday, 24 Jun 2015 | 2:57 AM ET

    SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices as they look to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from...

  • US crude ends up as Texas braces for tropical storm Tuesday, 16 Jun 2015 | 2:56 PM ET

    U.S. crude oil prices edged up Tuesday on warnings a tropical storm was about to hit the coast of the oil-producing state of Texas.

  • HOUSTON, June 16- Tropical Storm Bill hurtled toward the Texas coast from the Gulf of Mexico early on Tuesday with heavy rains and strong winds, the National Weather Service said, weeks after floods killed about 30 people in the state. Flash flood watches were in effect for central Texas and the Houston area, regions where floods last month swallowed thousands of...

  • LONDON, June 16- U.S. crude oil prices edged up on Tuesday, supported by warnings that a tropical storm threatened to hit the coast of the oil-producing state of Texas, but oversupply weighed on Brent. U.S. crude, also known as West Texas Intermediate, was up 34 cents at $59.86 a barrel at 1044 GMT, staying within a range of $57- $62 per barrel that has been in place since the...

  • Tropical Storm Bill bears down on Texas coast Tuesday, 16 Jun 2015 | 5:08 AM ET

    HOUSTON, June 16- Tropical Storm Bill hurtled toward the Texas coast from the Gulf of Mexico early on Tuesday with heavy rains and strong winds, the National Weather Service said, weeks after floods killed about 30 people in the state. Flash flood watches were in effect for central Texas and the Houston area, regions where floods last month swallowed thousands of...

  • HOUSTON, June 15- A tropical disturbance packing heavy rains in the Gulf of Mexico was slated to drench the coast of Texas just weeks after floods killed about 30 people in the state, the National Weather Service said. Flash flood watches were in effect for central Texas and in the Houston area, regions where flooding last month turned streets into rivers,...

  • HOUSTON/ NEW YORK, June 15- Steep downward revisions to oil and gas reserves at the end of this year are likely to increase scrutiny of how energy companies tally future barrels- a process that has become more opaque with the rise of shale drilling. Reserve growth is used at companies, including ConocoPhillips as a component of the chief executive's compensation.

  • Box CEO Levie: We're competitive despite losses Thursday, 11 Jun 2015 | 5:47 PM ET
    Aaron Levie

    Despite continuing to lose money, Box has become more efficient as it develops new partnerships, CEO Aaron Levie said.

  • Shares of the company, whose customers include AstraZeneca Plc, General Electric Co and Chevron Corp, rose about 8 percent in extended trading on Wednesday. Box raised its full-year forecast to $286 million- $290 million from $281 million- $285 million earlier. The company's main competitors include privately held Dropbox, Microsoft Corp's OneDrive, Citrix...

  • Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed up more than 1 percent amid signs of progress in the Greece debt talks and better economic growth as yields continued to rally.

  • Bumpy ride ahead for stocks. How to play it Wednesday, 10 Jun 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    It's been quiet in the U.S. stock market this year ... too quiet.

  • Nobody is safe! Why US oil firms could get bought Sunday, 7 Jun 2015 | 5:25 PM ET

    Oppenheimer analyst Fadel Gheit says every U.S. oil company is a potential takeover target as large firms hunt for growth.

  • June 6- Three more tendons designed to link Chevron Corp's Big Foot deepwater oil project to the Gulf of Mexico seabed have sunk, escalating concerns about how long it will take for the project to start. Gulf of Mexico, to produce 75,000 barrels of oil and 25 million cubic feet of natural gas per day once it opens. The San Ramon, California- based company said it had set...

  • June 2- Chevron Corp has deployed robots on the seafloor near its Big Foot deepwater oil project, aiming to find just how much damage it must contend with after six giant tendons sank and indefinitely delayed the start of production at the platform. The site, 225 miles south of New Orleans in the U.S. Wells Fargo analyst Roger Read said on Tuesday the setback was "...

  • June 1- Bank of America Corp has hired Brad Hutchinson from Barclays Plc to co-head its Americas energy investment banking business alongside Oscar Brown, according to an internal memo seen by Reuters. Brown and Hutchinson worked together for over a decade at Lehman Brothers Holdings Inc and Barclays before Brown moved to Bank of America in 2010..

  • Energy firms want say in carbon pricing system Monday, 1 Jun 2015 | 2:02 AM ET
    Greenhouse gas power plant

    Six oil and gas companies have banded together to ask the UN to let them help devise a plan to stop global warming.