News
ExxonMobil to Sell Barnett Shale Assets for $750 Million
ExxonMobil said today it signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional
Chevron Launches Carbon Capture and Storage Project in San Joaquin Valley
Chevron U.S.A. Inc., through its Chevron New Energies division, announced it is launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San
Chevron Sanctions Ballymore Project in Deepwater U.S. Gulf of Mexico
Chevron Corporation (NYSE: CVX) announced today it has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per
Chevron Announces $250,000 Donation to New Mexico Wildfire Relief Efforts
Chevron Corporation (NYSE: CVX) today announced a contribution of $250,000 from the Chevron Global Community Fund to the All Together NM Fund and Taos Community Foundation to support relief efforts
Chevron Releases New Delo Jug to Improve Customer Experience
Chevron Products Company, a division of Chevron U.S.A. Inc., announced the release of a new package design for its full line of Chevron Delo® heavy duty diesel engine oils – including the new Delo
ExxonMobil to Sell Romanian Affiliate for More Than $1 Billion
ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government
Chevron, Talos and Carbonvert Announce Proposed Joint Venture Expansion to Enhance the Bayou Bend CCS Project Offshore Jefferson County, Texas
Chevron U.S.A., Inc. (“Chevron”), through its Chevron New Energies division, Talos Energy Inc. (NYSE: TALO) (“Talos”), through its Talos Low Carbon Solutions division, and Carbonvert, Inc
Chevron Announces First Quarter 2022 Results
Chevron Corporation (NYSE: CVX) today reported earnings of $6.3 billion ($3.22 per share - diluted) for first quarter 2022, compared with $1.4 billion ($0.72 per share - diluted) in first quarter
Chevron Announces Quarterly Dividend
The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and forty-two cents ($1.42) per share, payable June 10, 2022, to all holders of common
Exxon Mobil Corporation Declares Second Quarter Dividend
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of $0.88 per share on the Common Stock, payable on June 10, 2022 to shareholders of record of Common Stock at the
ExxonMobil Makes Three New Discoveries Offshore Guyana, Increases Stabroek Resource Estimate to Nearly 11 Billion Barrels
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.
The three
ExxonMobil to Release First Quarter 2022 Financial Results
Exxon Mobil Corporation will release first quarter 2022 financial results on Friday, April 29, 2022. A press release will be issued via Business Wire and available at 5:30 a.m. CT at www.exxonmobil
ExxonMobil Begins Design Studies for South East Australia Carbon Capture Hub in Gippsland
ExxonMobil said today it is undertaking early front-end engineering design studies (pre-FEED) to determine the potential for carbon capture and storage to reduce greenhouse gas emissions from
Advisory: Chevron Corporation’s 1Q 2022 Earnings Conference Call and Webcast
Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, April 29, 2022, at 11:00 a.m. ET (8:00 a.m. PT).
Chevron Joins Global Centre for Maritime Decarbonisation
Chevron (NYSE: CVX) announced an agreement to join the Global Centre for Maritime Decarbonisation (GCMD). Chevron’s involvement aims to help support GCMD’s efforts to develop potentially scalable
ExxonMobil Makes Final Investment Decision on Fourth Guyana Offshore Project
ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the
Chevron and Restore the Earth Foundation Agree to Collaborate on Carbon Offsets Reforestation Project in Louisiana
Chevron U.S.A. Inc., through its Chevron New Energies division, and Restore the Earth Foundation, Inc. announced agreement for a reforestation project for up to 8,800 acres of property in St
ExxonMobil Lead Director Ken Frazier to Retire; Jay Hooley to Become Lead Director
The board of directors of Exxon Mobil Corporation said today that lead independent director Kenneth C. Frazier has announced his intention not to stand for re-election to the board at the annual
ExxonMobil Appoints Dan Ammann President of Low Carbon Solutions; Joe Blommaert to Retire
ExxonMobil said today that Dan Ammann, former General Motors president and CEO of Cruise autonomous vehicle company, has been appointed president of ExxonMobil Low Carbon Solutions, effective May
Chevron Introduces Full Synthetic Delo 400 XSP SAE 15W-40 Heavy Duty Diesel Engine Oil
Today Chevron Products Company, a division of Chevron U.S.A. Inc., introduced Delo® 400 XSP SAE 15W-40 with ISOSYN® Advanced Technology™, a new full synthetic, high-performance engine oil
ExxonMobil Elects Matt Furman as Vice President, Public & Government Affairs; Suzanne McCarron to Retire
ExxonMobil said today that Matt Furman has been elected vice president of public and government affairs, effective April 1, replacing Suzanne McCarron, who has elected to retire after 24 years of
ExxonMobil Details Plans to Lead in Earnings and Cash Flow Growth, Energy Transition
ExxonMobil today detailed plans at its annual Investor Day to deliver industry-leading earnings, cash flow growth and shareholder returns, and lead in the energy transition across a range of
ExxonMobil Planning Hydrogen Production, Carbon Capture and Storage at Baytown Complex
ExxonMobil said today it is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown
ExxonMobil to Discontinue Operations at Sakhalin-1, Make No New Investments in Russia
ExxonMobil today issued the following statement regarding the situation in Ukraine.
ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future
Chevron Executing Plans to Deliver Higher Returns and Lower Carbon
At its annual investor meeting today, Chevron Corporation (NYSE: CVX) reported on its progress to deliver higher returns and advance a lower carbon future.
“Chevron’s executing a straightforward