GO
Loading...

Chevron Corp

More

  • WARSAW, Jan 31- U.S. energy major Chevron Corp said it will stop exploring for shale gas in Poland, a sector that has failed to live up to its early promise of transforming eastern Europe's energy supplies. Exxon Mobil, Total and Marathon Oil have also stopped shale gas exploration in Poland over the past three years. Governments in eastern Europe, especially Poland,...

  • Chevron to stop its shale gas exploration in Poland Saturday, 31 Jan 2015 | 6:24 AM ET

    WARSAW, Jan 31- U.S. energy major Chevron Corp said it will stop exploring for shale gas in Poland, a sector that has failed to live up to its early promise of transforming eastern Europe's energy supplies. Chevron's Polish unit "has decided to discontinue shale gas operations in Poland as the opportunities here no longer compete favorably with other...

  • WILLISTON, N.D., Jan 30- Chevron Corp halted its 2015 share repurchase program on Friday, a move designed to conserve cash amid tumbling oil prices and its latest cost-cutting step after slashing capital spending. The move echoed similar steps earlier this week by Royal Dutch Shell, Hess Corp, ConocoPhillips and others to conserve cash in an environment where the...

  • Most active New York Stock Exchange-traded stocks Friday, 30 Jan 2015 | 1:27 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 1 percent to $32.92 with 53,984,300 shares traded. Bank of America Corp. fell 1.8 percent to $15.15 with 95,607,400 shares traded.

  • WILLISTON, N.D., Jan 30- Chevron Corp halted its 2015 share repurchase program on Friday, a move designed to conserve cash amid tumbling oil prices and its latest cost-cutting step after slashing capital spending. Chief Executive Officer John Watson said Chevron's dividend, currently $1.07 a quarter, remained the "highest priority" for the company's balance...

  • NEW YORK, Jan 30- U.S. stocks opened lower on Friday, putting major indexes on track for a second straight monthly decline, as data showed U.S. gross domestic product grew less than expected in the last quarter of 2014.. Energy stocks were among the biggest drags of the day after Chevron Corp reported a sharp drop in its quarterly earnings. The Dow Jones industrial...

  • NEW YORK— Chevron Corp. said Friday its net income and revenue dropped in the fourth-quarter as oil and gas prices slumped, and the company said it plans significant cuts in spending in 2015.. Chevron said net income sank 30 percent and revenue declined 18 percent in the fourth quarter, as it earned $3.47 billion, or $1.85 per share, on $46.09 billion in revenue.

  • Markets brace for Big Oil profit plunge Friday, 30 Jan 2015 | 6:15 AM ET

    NEW YORK— It's just a forecast, and for only one of 10 industry groups in the stock market. Yet it has almost singlehandedly turned what had been a strong earnings season into a weak one. BP told workers Monday that it would freeze pay for 2015. On Friday, Chevron posted a 30 percent decline in fourth-quarter profit, a day after Royal Dutch Shell reported a 57 percent...

  • The U.S. stock market capped a rough month Friday, delivering its third loss in five days and extending its declines for the year. "The real issue still is the confusion, the uncertainty around the speed of decline in oil prices and what that means, and the rise in the dollar and what that means for earnings," said Bob Doll, chief equity strategist at Nuveen Asset...

  • WILLISTON, N.D., Jan 29- Occidental Petroleum Corp Chief Executive Stephen Chazen quipped on Thursday that his larger rival Chevron Corp was too poor to buy the No. 4 U.S oil producer, but the offhand remark sent Oxy's stock up anyway. Wolfe Research's Paul Sankey said. Laughter was audible in the background, but eyebrows were raised by the mention of a specific...

  • Stocks rally after 2-day rout; Dow ends up 225 points Thursday, 29 Jan 2015 | 4:55 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks rose Thursday after a two-day rout, as Ford Motor rose on earnings and fewer filed jobless claims.

  • HOUSTON/ WILLISTON, N.D., Jan 29- ConocoPhillips and Occidental Petroleum Corp on Thursday slashed exploration spending plans for this year, as the third- and fourth-largest U.S. oil companies attempt to cope with a steep slide in crude prices. The cuts follow similar steps by rival Hess Corp earlier this week while Royal Dutch Shell, Europe's largest oil company,...

  • Strongest economy in the world? Apple Thursday, 29 Jan 2015 | 7:00 AM ET
    Apple has a lot of extra cash now but where will it put its money next.

    Apple smashed Wall Street records during its quarterly earnings report and showed that the Tech juggernaut has more dry powder than anyone else.

  • Midday movers: Petrobras, Advent Software & more Wednesday, 28 Jan 2015 | 12:59 PM ET

    Some of Wednesday's midday movers:

  • BP to sell part of its Gulf of Mexico stake to Chevron Wednesday, 28 Jan 2015 | 11:13 AM ET

    NEW YORK— BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together. Terms of the deal were not disclosed. The joint-development agreement is a way for the companies to try to reduce the cost and risk of exploring and developing large,...

  • Jan 28- Oil producer Chevron Corp said it would work with peers BP Plc and ConocoPhillips to explore and appraise 24 jointly held offshore leases in deepwater Gulf of Mexico. Chevron said on Wednesday it would operate the leases, for the Gila and Tiber fields and the Gibson exploration blocks east of Gila, in the northwest part of Keathley Canyon.

  • Stocks finish mildly higher as energy offsets tech Monday, 26 Jan 2015 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks were near unchanged on Monday, with Greek election results already discounted by investors.

  • Cramer's plan for biggest earnings week of the year Friday, 23 Jan 2015 | 6:20 PM ET
    Inside Alibaba Group Holdings headquarters.

    Next week marks the most important earnings week of the year, and Jim Cramer thinks a few companies will surprise investors.

  • KANSAS CITY, Mo.— Twenty-eight oil companies and retailers have agreed to settle litigation claiming customers were knowingly overcharged when gas station fuel temperatures rose, plaintiffs announced Friday. Federal officials earlier consolidated about 50 lawsuits filed since 2006 from consumers across the country in the U.S. District Court in Kansas...

  • The U.S. Chemical Safety Board says in a final draft report released Thursday the fire that stemmed from a corroded pipe at Chevron's Richmond refinery was magnified by the inadequate response by company emergency crews. The San Jose Mercury News reports investigators listed in a 132- page report a series of missteps by the refinery that led to the blaze.