New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 28, 2014
11:34 EDTCVXChevron says on track to grow production to 3.1M boepd by 2017
Chevron provided an overview of the companyís 2013 operational performance and future growth plans at its 2014 Annual Meeting of Stockholders, with CEO John Watson discussing Chevronís 2013 financial and operational performance. George Kirkland, Chevron vice chairman, said the company is on track to grow production to 3.1M barrels of oil-equivalent per day by 2017, up 20% from 2013, with more growth expected through the end of the decade. To reach this goal, the company has more than 70 projects, each with a Chevron share of more than $250M, scheduled to start-up by the end of this decade. In Australia, the Gorgon project continues to make steady progress toward first liquefied natural gas, and is 80% complete with start-up expected in mid-2015. Wheatstone is now almost 35% complete and remains on schedule for a start-up in 2016. Kirkland said growth plans include investing $39.8B in 2014, which represents a $2B reduction from 2013 spending. Kirkland concluded by affirming the Downstream and Chemicals business focus on select areas of growth, including key Chevron Phillips Chemical projects that take advantage of existing infrastructure and attractive feedstocks.
News For CVX From The Last 14 Days
Check below for free stories on CVX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 19, 2014
12:24 EDTCVXChevron looks to sell Hawaiian oil refinery, Bloomberg says
Subscribe for More Information
September 16, 2014
13:40 EDTCVXChevron alternative fuel research unsuccessful, Bloomberg says
Subscribe for More Information
10:47 EDTCVXBadri sees OPEC lowering oil output target at next meeting, Reuters says
Subscribe for More Information
September 15, 2014
20:02 EDTCVXConocoPhillips auctioning 24% stake in the Clair oilfield, FT reports
ConocoPhillips (COP) has hired banks to sell its 24% stake in UK's largest oilfield, The Financial Times reports, citing people familiar with the matter. The 24% stake could be valued between $2B-$3B, the people added. The Clair oilfield sits in Scottish territorial waters, and Conoco's interest in exiting the project is a sign of the challenges facing the North Sea oil industry, The Financial Times added. BP (BP) operates the Clair oilfield and owns a 28.6% stake, Royal Dutch Shell (RDS.A) controls a 28.6% stake, and Chevron (CVX) controls a 19% stake. Reference Link
07:02 EDTCVXMcDermott completes contract scope for Jack, St. Malo project
Subscribe for More Information
06:29 EDTCVXChevron pipeline shut down following accident that killed one, WSJ reports
Subscribe for More Information
September 12, 2014
11:49 EDTCVXChevron CEO looks for partner before Kitimat project decision, Bloomberg says
Chevron CEO John Watson said that the firm needs to locate a partner, finalize natural gas contracts and examine engineering expenses prior to making a choice regarding its Canadian liquefied natural gas project in Kitimat, according to Bloomberg, citing comments from Watson. Reference Link
September 10, 2014
08:22 EDTCVXBofA/Merrill oil and gas analysts hold an analyst/industry conference call
Subscribe for More Information
September 9, 2014
10:10 EDTCVXOn the Fly: Analyst Downgrade Summary
Subscribe for More Information
07:40 EDTCVXChevron downgraded to Underperform from Neutral at BofA/Merrill
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use