Posted by Reuters: Business News on January 27, 2012
(Reuters) – Chevron Corp reported lower quarterly earnings on Friday as rising spending on oil and gas projects and losses at its refinery business offset gains from higher crude oil prices.
Posted by Reuters: Business News on January 26, 2012
CAMPOS, Brazil (Reuters) – A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore oil spill.
Posted by Reuters: Business News on January 12, 2012
NEW YORK (Reuters) – Stocks hit session lows on Thursday as weak retail sales and job market data alongside a profit warning from energy major Chevron made a dent in investor sentiment.
Posted by Reuters: Business News on January 11, 2012
(Reuters) – Chevron Corp warned that fourth-quarter profit would be significantly below the previous quarter, with production still falling short of prior expectations and its refining operations about breaking even.
Posted by Reuters: Business News on January 3, 2012
LAGO AGRIO, Ecuador (Reuters) – An Ecuadorean appeals court on Tuesday upheld a ruling that Chevron Corp should pay $18 billion in damages to plaintiffs who accused the U.S. oil giant of polluting the Amazon jungle and damaging their health.
Posted by Reuters: Business News on November 24, 2011
BRASILIA (Reuters) – Brazil’s government suspended Chevron Corp’s drilling rights until Chevron clarifies the causes of an offshore oil spill, the latest twist in a political firestorm threatening the U.S. company’s role in Brazil’s oil bonanza.
Posted by Reuters: Business News on October 28, 2011
(Reuters) – Chevron Corp said its quarterly earnings more than doubled, beating Wall Street forecasts, as the second-largest U.S. oil company benefited from high oil prices and strong refinery margins.
Posted by Reuters: Business News on July 29, 2011
NEW YORK/SAN FRANCISCO (Reuters) – Chevron Corp, the second-largest U.S. oil company, booked a 43 percent jump in quarterly profit, beating estimates as high oil prices and fat refinery margins offset weaker output.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Chevron Corp, the second-largest U.S. oil company, reported a 43 percent jump in quarterly profit on Friday, beating Wall Street forecasts as strong oil prices and fatter refinery margins offset a drop in oil output.
Posted by Reuters: Business News on April 29, 2011
NEW YORK/SAN FRANCISCO (Reuters) – Chevron Corp , the second-largest U.S. oil company, reported a larger-than-expected 36 percent rise in earnings on Friday, as oil prices surged and refining improved along with global fuel demand.
