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Chevron Corp

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  • HARRISBURG, Pa., May 29- Chevron Corp. has paid a reported $5 million to settle a lawsuit filed last year by the parents of a worker who was burnt to death in a gas well fire in western Pennsylvania. Local media reported the $5 million settlement, saying it had been approved by a judge in Allegheny County Court of Common Pleas in Pittsburgh earlier this month.

  • HOUSTON, May 27- Shareholders of the top two U.S. oil companies on Wednesday rejected proposals to add directors with climate change expertise to their boards, but a measure passed at one, Chevron Corp, could give new power to minority investors with environmental concerns. Proposals to add an independent director with expertise in climate change received the...

  • Exxon shareholders to vote on climate change, fracking Wednesday, 27 May 2015 | 11:07 AM ET

    The votes at meetings of Exxon Mobil Corp. and Chevron Corp. shareholders on Wednesday were expected. At the Exxon Mobil meeting in Dallas, CEO Rex Tillerson said the company is positioned to withstand ups and down in oil prices and give shareholders a good return on their money. Exxon has completed more than a dozen major projects in the past three years and...

  • HOUSTON, May 27- Progressive shareholders are pushing to add directors with climate change expertise to the boards of Exxon Mobil Corp and Chevron Corp, arguing the largest U.S. oil companies need more depth of knowledge to navigate environmental issues. In January, Europe's Royal Dutch Shell Plc backed a measure from activist investors asking it to be more...

  • BUENOS AIRES, May 21- Weatherford Drilling International expects to win contracts in the next two or three months to deploy rigs to Argentina where foreign energy majors are exploring one of the world's largest shale resources, a senior company official said on Thursday. "Over the next five to 10 years, we see only upside in Argentina." Weatherford Drilling...

  • BUENOS AIRES, May 19- Labor disputes are on the rise in Argentina and costing foreign energy companies millions of dollars as they explore the country's vast but barely-tapped Vaca Muerta shale oil and gas field, company officials said. Trade Unions are a powerful force in Argentina, Latin America's No. 3 economy, where the frequency of industrial disputes are a...

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

    U.S. stocks closed higher, with the Dow and S&P setting records, as investors shook off concerns about Greek debt and a renewed rise in bond yields.

  • ABU DHABI/ SEOUL May 13- State-run Abu Dhabi National Oil Company has signed a 40- year deal with GS Energy, selling the South Korean firm a 3 percent stake in an onshore oil concession to develop the United Arab Emirates' biggest oilfields. GS Energy joins Japan's Inpex Corp and France's Total in winning contracts so far to develop the oilfields, which produce 1.6...

  • Traders work on the floor of the New York Stock Exchange (NYSE)

    U.S. stocks closed lower, reversing a positive open, as investors weighed higher yields and energy prices ahead of Friday's important jobs report.

  • Cramer: Don’t like oil rising every day—here’s why Wednesday, 6 May 2015 | 10:42 AM ET
    Gas pump gasoline prices Europe Belgium

    CNBC's Jim Cramer explains why he does not like oil prices rising every day.

  • Traders work on the floor at the New York Stock Exchange.

    U.S. stocks closed about 1 percent lower on Tuesday as investors eyed higher bond yields, mixed domestic data and renewed concerns over Greece.

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

    U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.

  • Is Big Oil getting its groove back? Monday, 4 May 2015 | 6:00 AM ET
    Chevron

    Energy stocks have seen a strong bounce over the past month and a half. Have they turned a corner for good?

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

    U.S. stocks closed higher, recovering from the prior day's selloff, as investors eyed higher Treasury yields and looked for signs of economic growth.

  • May 1- Oil and natural gas producer Chevron Corp reported a 43 percent drop in quarterly profit on Friday, though results beat analysts' expectations as cost cuts and robust refining margins helped offset the impact of tumbling crude prices. The help from refining operations mirrored results at large, integrated peers such as Exxon Mobil Corp and Royal Dutch...

  • May 1- Oil and natural gas producer Chevron Corp reported a 43 percent drop in quarterly profit on Friday, though results beat analysts' expectations as cost cuts and robust refining margins helped offset the impact of tumbling oil prices. The reliance on refining operations mirrored results at large, integrated rivals Exxon Mobil Corp and Royal Dutch Shell, as...

  • US dollar and data in focus on Wall Street Friday, 1 May 2015 | 8:45 AM ET
    Traders work on the floor of the New York Stock Exchange.

    US stock index futures indicated a higher open on Friday ahead of a data-packed day, after stocks closed down more than 1 percent.

  • A Chevron Corp. fueling station stands in San Francisco, California.

    Chevron delivered quarterly earnings and revenue that blew away analysts' expectations on Friday.

  • Stocks entering May with low expectations Friday, 1 May 2015 | 6:19 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks typically score gains about half the time in the month of May. That compares to positive returns 75 percent of the time in April.

  • Stocks entering May with low expectations Thursday, 30 Apr 2015 | 7:12 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks typically score gains about half the time in the month of May. That compares to positive returns 75 percent of the time in April.