Principal Financial Backer of Fraudulent Ecuador Litigation withdraws support, settles with Chevron Feb 17, 2015Chevron Corporation has reached a settlement agreement with James Russell DeLeon, the principal funder of the fraudulent lawsuit against
Chevron acquires exploration interests in Mauritania Feb 5, 2015Chevron Corporation’s wholly-owned subsidiary Chevron Mauritania Exploration Limited has reached an agreement to acquire a 30 percent
Chevron Corporation names new Corporate Vice President and Comptroller Feb 4, 2015Chevron Corporation named Jeanette L. Ourada as corporate vice president and comptroller effective April 1. Ourada succeeds
Chevron announces $35.0 billion capital and exploratory budget for 2015 Feb 2, 2015Chevron Corporation announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are
Inge G. Thulin elected to Chevron Board of Directors Jan 30, 2015Chevron Corporation has been elected Inge G. Thulin to Chevron's board of directors effective Jan. 28, 2015.
Chevron to work with BP; ConocoPhillips in GOM Leases Jan 29, 2015Chevron Corporation’s subsidiary, Chevron U.S.A. Inc., will work with BP Exploration and Production Inc. (BP) and ConocoPhillips Company (ConocoPhillips) to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico. Chevron will be the operator.
Chevron and SK LNG Trading sign Gorgon LNG supply agreement Jan 22, 2015Chevron Corporation’s Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a industrial conglomerate in South Korea, will receive 4.15 million tons of LNG over a five-year period starting in 2017.
Chevron strikes oil at Anchor Prospect in deepwater Gulf of Mexico Jan 8, 2015Chevron Corporation has made a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron's second discovery in the deepwater Gulf in less than a year. 'The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico.
Alexander B. Cummings Jr. elected to Chevron Board of Directors Dec 12, 2014Chevron Corporation has elected Alexander B. Cummings Jr. to Chevron's board of directors, and he will serve on the company's Audit Committee
Chevron acquires Blocks offshore New Zealand Dec 10, 2014Chevron New Zealand Exploration Ltd., a Chevron Corporation subsidiary, has been granted exploration rights to three blocks located offshore
First oil from Gulf of Mexico Jack/St. Malo project Dec 4, 2014Oil and natural gas production started from the partner-operated Jack/St. Malo project in the US Gulf of Mexico. Statoil’s expected production from the combined fields is 23,000 barrels of oil equivalent per day at peak production.The Jack/St. Malo project in the US Gulf of Mexico is the first of five major Statoil US offshore fields that will begin production over the next few years.
Chevron confirms first oil production from Tubular Bells in the Gulf of Mexico Nov 18, 2014Chevron Corporation says that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 135 miles (217 km) southeast of New Orleans, in approximately 4,300 feet (1,310 m) of water in the Mississippi Canyon area. The discovery well was drilled in 2003, and project construction began in October 2011.
Paradigm renews access agreement with Chevron for next-generation software solution Oct 30, 2014Paradigm has signed a new long-term contract with Chevron Energy Technology Company, a division of Chevron U.S.A. Inc. that provides access to
Chevron sanctions Stampede project in the Deepwater U.S. Gulf of Mexico Oct 30, 2014Chevron Corporation’s subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development
Chevron commences gas production from Bangladesh Bibiyana expansion project Oct 29, 2014Chevron Corporation’s Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country.