Chevron Corporation

The Hague Court Rules for Chevron in Ecuador Dispute

Wednesday, September 16, 2020 - 11:50pm

The District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.

Key Points: 
  • The District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
  • The court held that because none of the setting aside grounds brought forward by Ecuador succeed, the claims will be denied.
  • Even Ecuador finally admitted in a public filing earlier this year that the $9.5 billion judgment issued by its courts against Chevron is fraudulent.
  • Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com .

Chevron Phillips Chemical names Justine Smith senior vice president, petrochemicals

Wednesday, September 16, 2020 - 5:00pm

Chevron Phillips Chemical Company LLC (CPChem) announced today that Justine Smith has joined the company as senior vice president, petrochemicals.

Key Points: 
  • Chevron Phillips Chemical Company LLC (CPChem) announced today that Justine Smith has joined the company as senior vice president, petrochemicals.
  • Smith replaces Ron Corn, who will retire after more than 40 years with CPChem and Chevron Corporation.
  • Chevron Phillips Chemical Company LLC is equally owned indirectly by Chevron Corporation and Phillips 66, and is headquartered in The Woodlands, Texas.
  • Chevron Phillips Chemical or CPChem may refer to one or more Chevron Phillips Chemical's subsidiaries or affiliates or to all of them taken as a whole.

Chevron Donates $250,000 for California Fire Relief

Monday, September 14, 2020 - 3:00pm

Chevron Corporation today announced a contribution of $250,000 from the Chevron Global Community Fund to the American Red Cross to support relief efforts for wildfires in California.

Key Points: 
  • Chevron Corporation today announced a contribution of $250,000 from the Chevron Global Community Fund to the American Red Cross to support relief efforts for wildfires in California.
  • Chevron has operated in California for more than 140 years.
  • The company will also match any qualifying donations to wildfire relief efforts made by employees and retirees.
  • Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com .

Quantum Energy Partners hires Sebastian T. Gass as Chief Technology Officer

Thursday, September 10, 2020 - 6:55pm

HOUSTON, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Quantum Energy Partners (Quantum) today announced that it has named Sebastian T. Gass to serve as its Chief Technology Officer.

Key Points: 
  • HOUSTON, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Quantum Energy Partners (Quantum) today announced that it has named Sebastian T. Gass to serve as its Chief Technology Officer.
  • Gass, who previously served as General Manager, Technology & Strategy at Chevron, will be responsible for leading Quantums digital transformation and information technology.
  • Wil VanLoh, Founder & CEO, said, Innovation and technology have always played an integral part in how Quantum operates.
  • Prior to joining Chevron, Gass was the Chief Technology Officer and Executive Vice-President at Trade-Ranger/Hubwoo, a publicly traded European company providing spend management and B2B eCommerce solutions to the energy industry.

Pin Oak Midstream Acquires Assets from Laurel Mountain Midstream in NW Pennsylvania

Wednesday, September 9, 2020 - 9:55pm

Pin Oak Midstream LLC (Pin Oak Midstream or the Company), a wholly owned subsidiary of Pin Oak Energy Partners LLC, announces the closing of a transaction with Laurel Mountain Midstream LLC ("LMM), a joint venture between Williams Laurel Mountain, LLC and Chevron Northeast Upstream LLC, to acquire LMMs Jackson Center assets (Jackson Center).

Key Points: 
  • Pin Oak Midstream LLC (Pin Oak Midstream or the Company), a wholly owned subsidiary of Pin Oak Energy Partners LLC, announces the closing of a transaction with Laurel Mountain Midstream LLC ("LMM), a joint venture between Williams Laurel Mountain, LLC and Chevron Northeast Upstream LLC, to acquire LMMs Jackson Center assets (Jackson Center).
  • The transaction adds to Pin Oak Midstreams growing asset base within the Appalachian Basin.
  • Brent Breon, President of Pin Oak Midstream LLC and Chief Commercial Officer of Pin Oak Energy Partners LLC, stated, These assets in Mercer, Lawrence, and Crawford counties of Pennsylvania are a great fit to our expanding footprint and further bolster the Companys midstream assets in the oil and wet gas windows of the Utica play in northwestern Pennsylvania.
  • Pin Oak Midstream is an Appalachian Basin midstream company and a wholly owned subsidiary of Pin Oak Energy Partners LLC.

Permits To Drill New Oil And Gas Wells Zoom Up 190% In The First Six Months Of 2020 Under Gov. Newsom In Worrisome Trend, Consumer Watchdog and FracTracker Alliance Report

Wednesday, September 2, 2020 - 6:22pm

Newsom also shattered records for dispensing new oiland gas productionwell drilling permits, Consumer Watchdog and FracTracker Alliance said today.

Key Points: 
  • Newsom also shattered records for dispensing new oiland gas productionwell drilling permits, Consumer Watchdog and FracTracker Alliance said today.
  • In addition, after a nine-month moratorium on fracking that began in July 2019, CalGEM issued48 new fracking permits to Aera and Chevron between April and July 2020.
  • During his first year in office, Newsom issued 211 fracking permits.
  • This is likely a result of Governor Newsom's ongoing moratorium onhigh pressure steaminjection due to resulting oil spills and groundwater contamination, said Tucker.

Implementation of New Vehicular Emission Regulations Shape Contours of Lubricant Additives Market, Valuation to Reach US$ 18 Bn by 2027: TMR

Tuesday, August 18, 2020 - 2:30pm

Analysts at TMR project the lubricant additives market to clock CAGR of ~2% between 2019 and 2027 and reach US$ 18 Bn by the end of 2027.

Key Points: 
  • Analysts at TMR project the lubricant additives market to clock CAGR of ~2% between 2019 and 2027 and reach US$ 18 Bn by the end of 2027.
  • The demand for new array of chemistries in lubricants in modern engines and turbines has boosted the lubricant additives market.
  • The end-user industry landscape is highly competitive, which constantly stimulates incumbent players to aim for innovations in formulations of lubricant additives.
  • Some key players in the lubricant additives market are Tianhe Chemicals Group Limited, The Lubrizol Corporation, Chevron Oronite Company LLC, Infineum International Limited, and NewMarket Corporation.

MJCO, NBL, INWK, and NGHC SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts

Friday, August 14, 2020 - 2:00am

Under the terms of the agreement, shareholders of Majesco will receive $13.10 in cash for each share of Majesco owned.

Key Points: 
  • Under the terms of the agreement, shareholders of Majesco will receive $13.10 in cash for each share of Majesco owned.
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-majesco .
  • Under the terms of the agreement, shareholders of Noble Energy will receive 0.1191 of a share of Chevron for each share of Noble Energy owned.
  • Under the terms of the agreement, shareholders of InnerWorkings will receive $3.00 in cash for each share of InnerWorkings owned.

COVID-19 Impacts: Heavy Fuel Oil Market Will Decelerate at a CAGR of over -15% through 2020-2024|Rising Seaborne Trade Activities to Boost Growth| Technavio

Thursday, August 6, 2020 - 9:45pm

Our heavy fuel oil market report covers the following areas:

Key Points: 
  • Our heavy fuel oil market report covers the following areas:
    This study identifies the adoption of scrubber technology as one of the prime reasons driving the heavy fuel oil market growth during the next few years.
  • Heavy Fuel Oil Market 2020-2024: Vendor Analysis
    We provide a detailed analysis of vendors operating in the heavy fuel oil market, including some of the vendors such as BP Plc, Chevron Corp., Exxon Mobil Corp., Indian Oil Corp. Ltd., Neste Oyj, PetroChina Co. Ltd., Qatar Petroleum, Rosneft Oil Co., Royal Dutch Shell Plc, and TOTAL SA.
  • Backed with competitive intelligence and benchmarking, our research reports on the heavy fuel oil market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Technavio's SUBSCRIPTION platform
    Heavy Fuel Oil Market 2020-2024: Key Highlights

Entech’s Superstage® Pinpoint Stimulation Finds Partner in Chevron Technology Ventures' Catalyst Program

Friday, July 31, 2020 - 1:47pm

Superstage joins Chevron Technology Ventures' (CTV) Catalyst Program for guidance through several technical and commercial milestones.

Key Points: 
  • Superstage joins Chevron Technology Ventures' (CTV) Catalyst Program for guidance through several technical and commercial milestones.
  • Superstage employs a one-size-fits-all sleeve design that activates in sequence from heel to toe, promising improved economies of scale.
  • Collaboration with Chevron will allow us to demonstrate Superstage efficiencies in a variety of basins worldwide, said Anthony Kent, co-inventor of Superstage and Entechs General Manager for North America.
  • Superstage AS, a subsidiary of Entech Solutions AS, holds the intellectual property related to Superstage Pinpoint Stimulation.