Press Releases

Date Title  
Toggle Summary MOECO and Chevron to Explore Advanced Closed Loop Geothermal Pilot in Hokkaido, Japan
TOKYO --(BUSINESS WIRE)--Jun. 21, 2023-- Chevron New Energies Japan GK ( Chevron New Energies Japan), a subsidiary of Chevron U.S.A. Inc. , and Mitsui Oil Exploration Co., Ltd (MOECO) today announced execution of definitive agreements to proceed with the pilot testing of advanced geothermal
Toggle Summary Chevron Updates Stockholders at Annual Meeting
SAN RAMON, Calif. --(BUSINESS WIRE)--May 31, 2023-- Chevron Corporation (NYSE: CVX) today provided an overview of the company’s business plans and operations at its annual meeting of stockholders. “We’re always pleased to be able to address our stockholders and the important questions on their
Toggle Summary Chevron Announces Agreement to Acquire PDC Energy
Complementary to Chevron’s operations in important U.S. production basins Adds 10% to oil equivalent proved reserves for under $7 per barrel Accretive to earnings per share and return on capital employed (ROCE) Expected to add $1 billion to annual free cash flow SAN RAMON, Calif. and DENVER, Colo.
Toggle Summary Chevron Announces First Quarter 2023 Results
Reported earnings of $6.6 billion ; adjusted earnings of $6.7 billion Cash flow from operations of $7.2 billion ; free cash flow of $4.2 billion Shareholder distributions of $6.6 billion , up 65 percent from first quarter 2022 SAN RAMON, Calif. --(BUSINESS WIRE)--Apr.
Toggle Summary Chevron Road Trip Demonstrates Renewable Gasoline Blend
SAN RAMON, Calif. --(BUSINESS WIRE)--Apr. 17, 2023-- Chevron U.S.A. Inc. , a subsidiary of Chevron Corporation (NYSE: CVX), kicked off a road trip today across the U.S. Gulf Coast to showcase an innovative new gasoline blend with more than 50 percent renewable content.
Toggle Summary Chevron and the Angelicoussis Group Announce Ammonia Carrier Joint Study Agreement
SAN RAMON, Calif. --(BUSINESS WIRE)--Apr. 13, 2023-- Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC , and the Angelicoussis Group , through its Energy Transition division, Green Ships, announced a Joint Study Agreement (JSA) to explore how tankers can be used
Toggle Summary Advisory: Chevron Corporation’s 1Q 2023 Earnings Conference Call and Webcast
SAN RAMON, Calif. --(BUSINESS WIRE)--Apr. 4, 2023-- Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, April 28, 2023 , at 11:00 a.m. ET ( 8:00 a.m. PT ). Conference Call Information: Date: Friday, April 28, 2023
Toggle Summary Chevron to Host Chevron Exchange Q&A Series for Retail Shareholders
SAN RAMON, Calif. --(BUSINESS WIRE)--Mar. 8, 2023-- Chevron Corporation (NYSE: CVX) announced today the second retail event in the Chevron Exchange Q&A Series, a virtual fireside chat with President of Chevron New Energies (CNE), Jeff Gustavson , on Thursday, March 23, 2023 .
Toggle Summary Chevron and JERA sign MOU to explore carbon capture and storage projects in United States and Australia
HOUSTON --(BUSINESS WIRE)--Mar. 7, 2023-- Chevron New Energies ( Chevron ), a division of Chevron U.S.A. Inc. , and JERA Co., Inc. (JERA) have signed a Memorandum of Understanding (MOU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects located in the
Toggle Summary Bayou Bend Expands Carbon Capture Project to Onshore Southeast Texas
HOUSTON , March 6, 2023 /PRNewswire/ -- Bayou Bend CCS LLC ("Bayou Bend"), a carbon capture and sequestration project located along the Texas Gulf Coast , announced today an expansion of its carbon dioxide ("CO2") storage footprint through the acquisition of nearly 100,000 acres onshore in Chambers