Chevron Corporation
Romanian protesters holds a banner during a demonstration against hydraulic fracturing (fracking) in Bucharest April 4, 2013. Around 300 protesters gathered in Bucharest's University Square in protest against the drilling technique, which uses high pressure injections of water, sand and chemicals to crack open rock and release oil and gas trapped inside. Hundreds of Romanians rallied in several cities to protest against shale gas drilling, voicing concerns over environmental pollution and health hazards. The protesters called on the centre-left government to revoke permits granted to several oil groups, including US giant Chevron, enabling them to start exploration drilling.'Chevron, go home,' and 'Down with traitors', they chanted, in reference to Prime Minister Victor Ponta who earlier this year said he was favorable to shale gas drilling after repeatedly declaring he was against, while he was in opposition. Nearly 1,000 people rallied in Barlad, an eastern Romanian city lying close to a 600,000 hectare concession granted to Chevron. Several hundred persons also staged a protest in Buzias, a resort famous for its mineral water lying in a western Romanian region where a Luxembourg-based company plans to start drilling. A U.S. Energy Information Administration study said the joint reserves for Romania, Bulgaria and Hungary were around 538 billion cubic metres, among the biggest in eastern Europe.
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Chevron deference thus clearly applies to the Commission's interpretation of the statutes on which its authority rests in this [Open Internet] case
When oil then falls from $150 to $100, does that make the CEO of Chevron an idiot?
If oil goes to $150 a barrel, is the CEO of Chevron a genius?More quotes »
Newsday's coverage
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Chevron invertira 1.500 mln. dolares en yacimiento
Segun YPF, en ese lugar tiene 37 pozos perforados, 27 pozos completados y 10 en espera de terminacion.Segun el comunicado, Chevron invertira hasta 1.500 millones de dolares en el primer piloto de desarrollo masivo de petroleo no convencional en las areas de Read more »
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Brazil authorizes Chevron to resume production
the U.S.-based company's operations.An estimated 110,000 gallons (416,300 liters) of crude seeped into the ocean near the Chevron well in November, 2011. The leaks resumed several months later, and the company's production in the Frade field was suspended. Read more »
Around the web
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Chevron Contributes to Oklahoma Tornado Relief Efforts
WIRE)--Chevron Corporation (NYSE: CVX) today announced that it has made a $500,000 contribution to the American Red Cross for the relief efforts under way to assist victims of the tornadoes that struck Moore, Oklahoma, earlier this week. In addition, the company 4:06 PM from Business Wire Read more »
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Chevron Investors Ask SEC to Investigate CVX for Lying to Shareholders about $19B Ecuador Judgment
mean for Chevron’s financial future. In their letter, the shareholders implore the SEC to “investigate evidence that Chevron Corporation is violating securities laws by repeatedly making misrepresentations and material omissions regarding the impact on the 3:00 PM from CSRwire Read more »
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Chevron's Upstream Production Outlook Supports $145 Value
export plan of natural gas from the U.S. to other countries in Europe and Asia, where natural gas prices are more than double than that in the U.S., is further expected to fuel higher average price realized by Chevron from the sale of natural gas. 11:45 AM from Seeking Alpha Read more »
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Why Does Billionaire Value Investor Seth Klarman Own This Supermajor?
by 2017, which is more than the rate of growth from 2003 to 2010. Management has been making key strides in re-balancing Chevron's asset portfolio by divesting non-core and high-cost assets, this includes its decision to sell its marketing businesses in Kenya, 11:40 AM from Motley Fool Read more »
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Business: The promise—and the pitfalls
On April 11th Myanmar’s government opened an auction of 30 blocks of offshore oil and gas. Big international oil companies such as Chevron, Total and Royal Dutch Shell will be interested, as will the Thai, Malaysian, South Korean and other Asian companies 11:05 AM from Economist Read more »
