Tag: chevron

Executive pay drops as shareholder pressure rises on oil giants

Several of the largest U.S. energy companies cut into top-shelf executive pay last year as activist investors pushed them to shrink their oil empires and steer more capital to shareholder pockets.  More »

Chevron inks $1.6B joint venture for shale in Argentina

Chevron will spend more than $1.6 billion to develop shale resources in Argentina with state-owned oil company YPF S.A., as the South American country leaps past China to become the most active foreign shale-well driller this year.  More »

Chevron CEO urges more diversity in energy employment

Chevron Corp. CEO John Watson said the energy industry needs to do more to increase the diversity of its workforce and urged improved efforts to promote science and math education among minority students.  More »

Drillers and doctors join forces to find oil and save babies

Chevron and other oil companies develop social responsibility plans as a way to integrate into countries where they work. But critics say the approach skirts deeper problems in developing nations.  More »

Chevron, Polish firm jointly explore for shale gas

Poland’s gas giant PGNiG says it has signed an agreement with Chevron to jointly hunt for shale gas in southwestern Poland in a move to speed up the exploration.  More »

Chevron launches news site for California town

The Richmond Standard offers a daily stream of local news, crime and sports stories, with an emphasis on short, entertaining features.  More »

Study: Chevron refinery plan won’t boost pollution

Chevron Corp.’s plan to upgrade its aging Richmond refinery won’t add to air pollution if the oil company follows all its proposed steps, according to a draft environmental report released Tuesday by the city.  More »

A renewed search for western Colorado oil shale

Exxon Mobil has edged another step closer to undertaking oil shale research-and-development projects with the Bureau of Land Management’s approval of development plans.  More »

Oil chiefs to suppliers: Your prices are too high

A rising cost-control cry among oil executives has plenty of basis in the economics of the oil patch, but also may be an open message to suppliers that if prices don’t come down, their business will.  More »

Chevron pizza scandal isn’t one in small town

Critics are raging after Chevron offered pizza coupons to a community near a fatal natural gas well explosion. But the talk of the Pennsylvania town is more the furious response by outsiders.  More »

Natural gas producers say they are here to stay

the growing demand and production of natural gas show that the industry is here to stay, panels agreed at a Wednesday panel at the CERAWeek energy summit in Houston.  More »

CEO: Oil industry ‘no longer the deep pocket’ as costs soar

Oil industry costs are spiraling out of control, and it’s time to rein them in, Total CEO Christophe de Margerie insisted during a colorful CERAWeek presentation.  More »
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