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Chevron Corp (CVX.N)

CVX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Chevron Reports A 6.2 Pct Passive Stake In California Resources
Monday, 16 Apr 2018 

April 16 (Reuters) - California Resources Corp ::CHEVRON CORP REPORTS A 6.2 PCT PASSIVE STAKE IN CALIFORNIA RESOURCES CORP <<>> AS OF APRIL 9 - SEC FILING.  Full Article

Sempra Energy's Ienova Unit To Develop Marine Liquid Fuels Terminal In Baja California, Mexico
Thursday, 12 Apr 2018 

April 12 (Reuters) - Sempra Energy ::SEMPRA ENERGY'S IENOVA UNIT TO DEVELOP MARINE LIQUID FUELS TERMINAL IN BAJA CALIFORNIA, MEXICO.UNIT INFRAESTRUCTURA ENERGÉTICA TO DEVELOP LIQUID FUELS MARINE TERMINAL AT LA JOVITA ENERGY HUB IN ENSENADA, MEXICO.SEMPRA ENERGY SAYS MARINE TERMINAL IS EXPECTED TO COMMENCE OPERATIONS IN SECOND HALF OF 2020.EXPECTED TO INVEST ABOUT $130 MILLION, BAJA REFINADOS TERMINAL WILL HAVE AN INITIAL STORAGE CAPACITY OF 1 MILLION BARRELS OF GASOLINE AND DIESEL.SEMPRA ENERGY - UNIT SIGNED A LONG-TERM CONTRACT WITH CHEVRON COMBUSTIBLES DE MÉXICO S. FOR ABOUT 50 PCT OF FACILITY'S STORAGE AND SEND-OUT CAPACITY.SEMPRA ENERGY SAYS CHEVRON WILL HAVE OPTION TO ACQUIRE 20 PERCENT EQUITY OWNERSHIP OF FACILITY AFTER COMMERCIAL OPERATIONS BEGIN.UNIT'S CONTRACT WITH CHEVRON COMBUSTIBLES TO SUPPLY CHEVRON SERVICE STATIONS, OTHER COMMERCIAL, INDUSTRIAL CONSUMERS IN BAJA CALIFORNIA.  Full Article

CB&I Announces Joint Development Agreement With Saudi Aramco
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Chicago Bridge & Iron Company Nv ::CB&I ANNOUNCES JOINT DEVELOPMENT AGREEMENT WITH SAUDI ARAMCO.CB&I - ‍HAS ENTERED INTO JOINT DEVELOPMENT AGREEMENT WITH SAUDI ARAMCO THAT INCLUDES CHEVRON LUMMUS GLOBAL ​.CB&I - ‍SAUDI ARAMCO, CO, CLG TO DEVELOP UNIQUE INTEGRATION OF ADVANCED TECHNOLOGY PROCESSES FOR PRODUCTION OF HIGH-VALUE PETROCHEMICALS FROM CRUDE OIL​.CB&I - JOINT DEVELOPMENT AGREEMENT WITH SAUDI ARAMCO FOR DEVELOPMENT, COMMERCIALIZATION AND MARKETING OF CRUDE-TO-CHEMICAL TECHNOLOGIES.  Full Article

Gtt Signs New Global Services Agreement With Chevron Transport Corporation Ltd
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - GTT ::SIGNS NEW GLOBAL SERVICES AGREEMENT WITH CHEVRON TRANSPORT CORPORATION LTD..SIGNED A 5-YEAR MASTER SERVICE AGREEMENT WITH CHEVRON TRANSPORT CORPORATION LTD..WILL SUPPORT CHEVRON'S MAINTENANCE AND OPERATION OF 10 LNGCS EQUIPPED WITH GTT'S MARK III AND NO96 TECHNOLOGIES.  Full Article

‍Chevron Announces $18.3 Billion Capital And Exploratory Budget For 2018​
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Chevron Corp ::‍CHEVRON ANNOUNCES $18.3 BILLION CAPITAL AND EXPLORATORY BUDGET FOR 2018​.‍IN UPSTREAM BUSINESS, APPROXIMATELY $8.7 BILLION IS FORECASTED TO SUSTAIN CURRENTLY PRODUCING ASSETS FOR FY​.‍APPROXIMATELY $2.2 BILLION OF PLANNED CAPITAL SPENDING IS ASSOCIATED WITH COMPANY'S DOWNSTREAM BUSINESSES FOR FY​.CHEVRON - ‍PRODUCTION CURRENTLY EXCEEDING GUIDANCE IN PERMIAN, 2018 PLAN SHOULD DELIVER BOTH STRONG PRODUCTION GROWTH AND SOLID FREE CASH FLOW.2018 PLANNED CAPITAL & EXPLORATORY EXPENDITURES FOR TOTAL UPSTREAM BUSINESS $15.8 BILLION​.- ‍2018 BUDGET IS DOWN FOR FOURTH CONSECUTIVE YEAR, REFLECTING PROJECT COMPLETIONS, IMPROVED EFFICIENCIES, AND INVESTMENT HIGH-GRADING​.‍DEDICATING APPROXIMATELY THREE-QUARTERS OF SPEND TO PROJECTS THAT ARE EXPECTED TO REALIZE CASH FLOW WITHIN TWO YEARS​.‍FULLY FUNDING ADVANTAGED PERMIAN BASIN POSITION​.  Full Article

Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Pembina Pipeline Corp :Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development.Pembina Pipeline - co to construct, operate first tranche of infrastructure development under service agreement with Chevron Canada​.  Full Article

Chevron Canada announces Kaybob Duvernay development program
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Chevron Corp ::Chevron Canada Limited announces Kaybob Duvernay development program.‍Chevron Canada Limited - moving into development on portion of leaseholdings in Kaybob Duvernay area of west-central Alberta​.‍Chevron Canada Limited - anticipate initial development program will comprise about 55,000 acres of co's operated position in Duvernay resource​.‍Chevron Canada - program to utilize service agreements with Pembina pipeline & Keyera, with service expected to be available during H2 2019​.  Full Article

Chevron updates on dispute with Australian Taxation Office
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Chevron Corp :Chevron Corp says on Aug 14, an agreement was reached with the Australian Taxation Office to settle dispute - SEC filing.Chevron Corp says dispute related to the interest rate to be applied on certain Chevron intercompany loans.Chevron Corp - Believes agreed terms to be reasonable resolution of dispute, which did not have a material impact on co's year-to-date results.  Full Article

Microsoft Corp to become Chevron's primary cloud provider​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Chevron Corp :Announced a seven-year partnership with Microsoft Corp establishing company as Chevron's primary cloud provider​.  Full Article

Chevron holds off on dividend raise due in part to OPEC
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Chevron Corp :Chief Executive John Watson says three Gorgon trains operating 'well above' nameplate capacity.CEO says first cargo from Wheatstone LNG train 2 scheduled for Q2 2018.CEO says 2018 will be peak spending year for Kazakhstan growth project.CEO says chose not to raise dividend in Q4 due to market uncertainty, especially around OPEC.CEO says expects consolidation in U.S. shale industry in next five years.  Full Article

UPDATE 1-Indonesia compensates Pertamina with oil block handover

JAKARTA, April 20 Pertamina has signed deals to take over rights to eight expiring oil field blocks previously held by firms including Chevron, CNOOC and Inpex, Indonesian energy ministry officials said on Friday.