in the news
August 12, 2020
Chevron Invests in Nuclear Fusion Start-up
Chevron Corporation (NYSE: CVX) today announced a Series A investment in Zap Energy Inc., a Seattle-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion.
August 11, 2020
Chevron pledges $1 million for Lebanese Red Cross
Chevron Corporation today announced a contribution of $1 million to the Lebanese Red Cross, in support of relief efforts under way to help those impacted by the devastating explosions that struck the Port of Beirut last week.
August 05, 2020
Chevron Announces First 100% Renewable Base Oil Production
Chevron Products Company, a division of Chevron U.S.A. Inc., and Novvi LLC today announced the first production of 100% renewable base oil from Novvi’s Deer Park, Houston Facility.
July 31, 2020
Chevron Announces Second Quarter 2020 Results
Chevron Corporation (NYSE: CVX) today reported a loss of $8.3 billion ($(4.44) per share - diluted) for second quarter 2020, compared with earnings of $4.3 billion ($2.27 per share - diluted) in second quarter 2019.
July 31, 2020
Argentine Supreme Court Rejects Fraudulent Ecuadorian Judgment
Argentina’s highest court unanimously rejected the plaintiffs’ final bid to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation. This is the latest in a string of legal victories in Chevron’s global defense against the Ecuadorian judgment—found by U.S. courts to be the product of fraud, bribery, and corruption, and held unenforceable as a matter of international law by an international arbitral tribunal in The Hague.
July 30, 2020
Chevron and Algonquin Announce Agreement to Co-develop Renewable Power Projects
Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. (“Algonquin”; TSX/NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects that will provide electricity to strategic assets across Chevron’s global portfolio.
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