Chevron Corporation
Romanians stand behing an anti-Chevron banner reading 'We don't want poison, stop Chevron massacre' during a protest against the shale gas exploition in Barlad city, 250 km northeast from Bucharest, on March 22, 2012. Over 1,500 people from around Barlad city gathered to protest against US oil group Chevron which has a concession covering 600,000 hectares in the eastern Barlad region and plans to drill the first exploration well in the second half of 2012, depending on licensing. Canadian group Sterling Resources and Hungary's MOL are also interested in exploiting shale gas. The head of the national agency for mineral resources (NAMR) is in the early stages of a survey to assess reserves but a study in the United States has estimated joint reserves in Romania, Bulgaria and Hungary at about 538 billion cubic metres.
Connections
Quotes
We urge Chevron to use the occasion of this most recent legal setback to take a fresh look at its options to address Texaco's legacy in the Ecuadorian rainforest. We ask Chevron to meet with the shareholders signed below to discuss how the company will protect its reputation and shareholder value moving forward.
We note the upholding of the $18 billion Aguinda v. Texaco verdict against Chevron by the Ecuadorian appeals court earlier in January of this year
Chevron, its shareholders and the general public have not and will not benefit from a never-ending courtroom dramaMore quotes »
Newsday's coverage
-
Charges to be filed against Chevron in Brazil
escaped through at least seven narrow fissures on the ocean floor, all within 160 feet (50 meters) of the well head.Last week, Chevron confirmed "small new oil seepage" in the Frade field. The size of the new leak isn't known, and Brazil's National Petroleum Read more »
-
Ecuadorean judge in Chevron case dismissed
-- The judge who ruled against Chevron Corp. in an $18 billion environmental damage case has been dismissed for improperly freeing an alleged drug trafficker.A resolution by Ecuador's Board of Judges obtained by The Associated Press says Nicolas Zambrano and Read more »
-
Chevron: Fire at rig off Nigeria has stopped
to monitor the Funiwa field off the coast of Nigeria's Bayelsa state to make sure it did not start again.The fire at the Chevron rig began Jan. 16 and had burned unstopped until Friday. Chevron only confirmed the fire had been extinguished Tuesday.Johnson Read more »
-
Rising gas prices aren't lifting big oil stocks
safety in the biggest and most stable stocks, Chevron shares rose 20 percent while the S&P; finished virtually unchanged.Chevron is the largest holding at Dowd's fund, recently making up 15 percent of the portfolio. He says bigger oil stocks are investing Read more »
-
Brazil judge denies injunction against Chevron
represented "real and imminent danger to society," as the prosecutors had argued.He also said the injunction would punish the two companies before they could defend themselves in court.Neither the prosecutors' office or Chevron had immediate comment. Read more »
Around the web
-
Chevron Highlights 2011 Performance, Corporate Responsibility and Future Growth at Annual Meeting of Stockholders
RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) highlighted the company’s 2011 performance and discussed future growth plans at its 2012 Annual Meeting of Stockholders. “We have advantages today because of the thoughtful, deliberate actions 37 m ago from Business Wire Read more »
-
Chevron, Caterpillar, Alcoa: Dow Midday Movers
Current conditions favor risk assets in the U.S. over those in many other areas of the world. U.S. markets now hinge upon political dynamics that are beyond our control. This is one company that understands how to use mobile media. Trade right alongside a 1:48 PM from The Street Read more »
-
Less Chevron shareholders back frack risk report
RAMON, Calif. May 30 (Reuters) - Shareholders owning 27 percent of Chevron Corp voted for more disclosure on the risks to its operations and finances from both hydraulic fracturing regulation and growing public opposition to the oil and gas production practice. 1:46 PM from Reuters.co.uk Read more »
-
Equity Research on Exxon Mobil Corp. and Chevron Corp. - Integrated Oil & Gas Companies Chugging Along
to these research reports. The integrated oil & gas industry, which features companies such as Exxon Mobil Corp. and Chevron Corp., has had a positive first quarter in 2012, despite a number of headwinds. Oil prices have been declining due to concerns over 10:09 AM from MarketWire Read more »
-
MTN Ranked Africa's Most Valuable Brand
annual survey. MTN outshined other equally reputable brands such as IKEA (89), Kentucky Fried Chicken (91), Chase (92), Chevron (93), Volkswagen (96) and DHL (100). Developed by leading global research agency, Millward Brown Optimor, BrandZ Top 100 Most Valuable 10:09 AM from AllAfrica.com Read more »
