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Chevron Successfully Completes Acquisition Of PDC Energy – $CVX $DIA $LTRN

As per reports, Chevron Corporation (CVX) has officially concluded its acquisition of PDC Energy, Inc. This move comes after receiving the necessary approval from PDC Energy shareholders. "We’re pleased to welcome PDC Energy into Chevron. Our companies have similar cultures, with a focus on safe ...

Chevron To Invest $500M In Argentina’s Vaca Muerta Shale Basin – $CVX $DIA $BRQS

As per reports, Chevron Corporation (CVX), has committed to investing over $500 million in the development of the Trapial block in the western province of Neuquen, which is known for its extensive Vaca Muerta shale basin. The economy ministry of Argentina made this announcement recently, following a...

Apple & Broadcom Extend Partnership With New 5G RF Component Agreement – $AAPL $BCOM $QQQ $BRQS

Reportedly, Apple (AAPL) has entered into a new agreement with Broadcom Inc., spanning multiple years and involving a substantial investment, to acquire 5G radio frequency components for its devices. This collaboration extends the relationship between the two tech giants, which has had its share of ...

Chevron’s Acquisition Of PDC Energy Aims To Drive Growth & Cost Savings – $CVX $DIA XLE $INVO

Reportedly, Chevron Corporation (CVX) CEO Mike Wirth, is open to pursuing additional agreements following the recent acquisition of PDC Energy Inc. for $6.3 billion. However, he emphasizes the importance of maintaining financial prudence. Chevron's purchase of PDC involves a payment of $72 per share...

Boeing Introduces Cascade: A Data Modeling Tool For Zero Aviation Emissions By 2050 – $BA $DIA $SPY $BRQS

Reportedly, Boeing Co. (BA) announced the introduction of Cascade, a data modeling tool designed to assist airlines and policymakers in determining the most efficient path to achieve zero aviation emissions by 2050. Cascade, which was initially unveiled as a beta version in July 2022, enables users...

Intel & SAP SE Collaborate To Enhance SAP Software On The Cloud – $INTC $DIA $QQQ $BRQS

Reportedly, Intel Corporation and SAP SE have joined forces in a strategic partnership aimed at delivering enhanced and sustainable SAP® software environments on the cloud. This collaboration is designed to empower customers with increased scalability, agility, and consolidation of their existing S...

Cisco Systems To Expand Global Supply Chain With Manufacturing In India – $CSCO $DIA $SPY $BRQS

Reportedly, Chief Executive Officer, Chuck Robbins, Cisco Systems, Inc. (CSCO) is set to commence production in India, as part of its strategy to broaden its global supply chain. The company specializes in the sale of networking equipment and software for internet connectivity, and plans...

Honeywell Introduces Innovative Technology For Lower-Carbon Aviation Fuel Production – $HON $DIA $SPY $BRQS

Reportedly, Honeywell International Inc. (HON) has revealed a new technique that utilizes green hydrogen and captured carbon dioxide from industry to create aviation fuel with lower carbon content. This development can potentially decrease greenhouse gas emissions from the aviation indus...

Apple’s Q2 Earnings Meet Expectations, iPhone Sales Boost Revenue – #AAPL $DIA $QQQ $BRQS

Reportedly, Apple (AAPL) exceeded expectations for its second fiscal quarter, reporting strong sales in iPhones and services, which resulted in earnings of $1.52 a share on sales of $94.8 billion for the quarter ended April 1. This is higher than the $1.43 a share on sales of $92.9 billion that anal...

Aumni Acquisition Strengthens J.P. Morgan’s Private Markets Platform – $JPM $DIA $SPY $BRQS

Reportedly, JPMorgan Chase & Co (JPM) has successfully finalized its acquisition of Aumni, a prominent investment analytics software provider catering to the venture capital sector. This acquisition reinforces J.P. Morgan's dedication to creating the premier private markets platform for business...

Troy Broderick To Lead Global M&A Business As New COO At Goldman Sachs – $GS $DIA $BRQS

As per reports, Troy Broderick has been appointed as the new chief operating officer for the global mergers and acquisitions business at Goldman Sachs Group Inc (GS).  He will be taking over the position from Russ Hutchinson, who left the company in March to become the CFO of Ally Financial Inc. B...

Chevron Posts 5% Increase In Q1 Net Profit – $CVX $DIA $SPY $INVO

As per reports, Chevron Corporation (CVX) recently exceeded market expectations in the first quarter with a 5% increase in net profit to $6.57 billion or $3.46 per share. The company's refining business was the standout performer, with profits surging over five times to $1.8 billion due ...

Chevron Shipping & Green Ships Team Up To Investigate Ammonia As Viable Marine Fuel – $CVX $DIA $BRQS

Reportedly, Chevron Corporation (CVX) and the Angelicoussis Group's Energy Transition division, Green Ships, have announced a collaboration through their subsidiaries, Chevron Shipping Company LLC and Green Ships, to conduct a Joint Study on the feasibility of transporting ammonia as a potential low...

Chevron CEO Mike Wirth Receives 10% Salary Raise In 2023 Due To Increased Profits – $CVX $DIA $SPY $BRQS $INVO

Reportedly, as a result of Chevron Corporation (CVX) increased profits and cash flow due to higher energy prices over the past year, CEO Mike Wirth received a salary increase of approximately 10%, raising his base pay to $1.85 million for 2023. In 2022, Wirth's total compensation, which ...

Apple In Talks To Produce MacBooks In Thailand – $AAPL $DIA $INVO $BRQS

As per reports, Apple Inc (AAPL) is in discussions with suppliers to produce MacBooks in Thailand, as part of the company's plans to expand its manufacturing operations beyond China. Apple has been producing its Apple Watch in Thailand for more than a year. The move comes as Apple and its suppliers ...

Energy Giant Chevron Corporation To Host Quarterly Earnings Conference Call On April 28, 2023 – $CVX $DIA $XLE $INVO

As per reports, Chevron Corporation (CVX) has scheduled its quarterly earnings conference call for Friday, April 28, 2023, at 11:00 a.m. ET (8:00 a.m. PT). Interested individuals can participate in the call by dialing 800-378-6902 in listen-only mode and entering the conference ID number 6069633. Th...

Chevron Raises Annual Share Buyback Target Up to $20B! – $CVX $DIA $INVO

Reportedly, U.S. energy giant Chevron Corporation (CVX) raised its share buyback outlook to between $10 billion and $20 billion per year and reaffirmed its production guidance of more than 3% annual growth by 2027. In January, Chevron tripled its budget for buybacks to $75 billion with no fixed expi...

JOIN Tribe Public’s FREE Webinar Tues., Feb. 28 (8:30AM PT / 11:30AM ET) Event “Sustainable Products Solving EVs’ Biggest Challenges” – $BEEM $ARKK $TSLA

You are cordially invited to join Vista Partners' sister organization, Tribe Public, for a FREE Webinar Presentation and Q&A Event which will be held tomorrow, Tuesday, February 28th (8:30 am PT/ 11:30 am ET). Tribe Public's (www.tribepublic.com) complimentary worldwide webinars are efficient 3...

Honeywell’s Technology To Capture Carbon At Exxon’s Texas Facility – $HON $XOM $DIA $ATOS

As per reports, Exxon Mobil Corp (XOM) uses technology from Honeywell International Inc. (HON) to capture carbon dioxide at a proposed hydrogen production facility in Texas. Honeywell's technology would enable Exxon to capture about 7 million tons of carbon dioxide per year, equivalent to emissions ...

Chevron Reportedly In Talks To Extend Current CEO’s Retirement Age – $CVX $DIA $INVO

Reportedly, the board of Chevron Corporation (CVX ) is in talks to extend the mandatory retirement age of its Chief Executive Officer Mike Wirth. Mike Wirth has been the board chairman and chief executive officer of Chevron since 2018 and will reach the company’s fixed retirement age of 65 in lat...

Chevron To Exit Operations In Myanmar – $CVX $DIA $ATOS

Reportedly, Chevron Corporation (CVX) is to sell its assets in Myanmar to Canadian company MTI, in a deal that allows the oil major to leave the Asian country. The deal comes one year after Chevron and other major oil companies announced leaving Myanmar following a military coup in 2021. Chevron and...

Chevron’s Q4 Release Reveals Mixed Results – $CVX $DIA $INVO

As per reports, Chevron Corporation (CVX) quarterly release reported mixed Q4 results, as it missed on earnings but exceeded revenue estimates. Recently, the company announced its $75 billion stock buyback program, which represents 20% of shares outstanding at current price levels, and it also boost...

Mark A. Nelson To Lead As Vice Chairman For Chevron Strategy, Policy & Development – $CVX $DIA $ATOS

As per reports, Chevron Corporation (CVX) announced Mark A. Nelson, executive vice president, Strategy, Policy & Development, as the new vice chairman and executive vice president, Strategy, Policy & Development, effective February 1, 2023.  In this new corporate officer role, Nelson will ...

Energy Giant Chevron Announces Dividend Raise & Massive Stock Buyback Program – $CVX $DIA $INVO

Reportedly, Energy giant Chevron Corporation (CVX) announced a some massively sized $75 billion stock buyback program along with a dividend hike. The buyback program is set to be effective on April 1, with no set expiration date. The dividend hike increases Chevron’s per share payout to $1.51 from...

Caterpillar Names Dr. Lou Balmer-Millar As Its Chief Sustainability Officer – $CAT $DIA $INVO

As per reports, Caterpillar Inc.'s (CAT) Dr. Lou Balmer-Millar will now also lead as the Chief Sustainability Officer in addition to her current responsibility as Senior VP of the Large Power Systems Division within the Energy and Transportation segment. Balmer-Millar will succeed Julie Lagacy, who ...

Jamie Haenggi To Lead ADT Solar – $ADT $BRQS

As per reports, ADT, Inc. (ADT) announced the appointment of Jamie Haenggi to lead ADT Solar, a division of ADT Inc. Haenggi earlier served as executive VP and COO of ADT Solar, but will now head all functions within the division. Haenggi will be supported by senior advisor Marc Jones, founder of Su...

Chevron To Invest In Geothermal Projects In U.S – $CVX $DIA $BRQS

Reportedly, Chevron Corporation (CVX) is seeking to enter a joint venture with Baseload Capital, a Swedish investment and development firm to develop geothermal projects in the United States. Geothermal energy taps into heat within the earth, and currently makes up less than 1% of the U.S. energy mi...

Caterpillar Foundation Raises Record $13.8M To Serve Communities – $CAT $DIA $INVO

Reportedly, Caterpillar Inc. (CAT) retirees and employees together with the philanthropic organization, Caterpillar Foundation, have raised more than $13.8 million to the United Way chapters across Mexico, the United States, Canada, and Panama as part of its 2022-2023 campaign, to serve communitie...

World’s Chief Manufacturer of Diesel Engines Caterpillar Recently Reported Strong Quarterly Earnings – $CAT $DIA $ATOS $INVO

As per reports, Caterpillar, Inc. (CAT) recently reported strong profit and revenue due to price increases and strong order activity from energy and mining customers. The heavy equipment maker reported a net income increase of $2.04 billion, exceeding analysts' estimates of $1.68 billion. Caterpilla...

Energy Giant Chevron To Pay Quarterly Dividend On December 12 – $CVX $DIA $ATOS $INVO

Reportedly, the Board of Directors of Chevron Corporation (CVX) declared a quarterly dividend of one dollar and forty-two cents ($1.42) per share, payable on December 12, 2022. The dividend is payable to all holders of common stock as of November 18, 2022.   Dow 30 component Chevron Corpo...

World’s Chief Manufacturer of Natural Gas Engines Caterpillar Waives Retirement Policy – Jim Umpleby To Continue As CEO – $CAT $DIA $ATOS $INVO

As per reports, Caterpillar, Inc.s (CAT) board have waived the policy requiring Chairman and CEO Jim Umpleby to retire at age of 65. The heavy machinery maker follows Target Corp, which last month waived its retirement policy allowing CEO Brian Cornell to lead. Umpleby, 64, assumed Caterpillar's ch...

Intel Ties With Google Cloud Introducing Secure & Improved Chip For Data Centre – $INTC $GOOG $DIA $BRQS $INVO

Reportedly, Intel Corporation (INTC) and Alphabet Inc's Google Cloud have launched a co-designed chip to make data centers more secure and efficient. The E2000 chip, code-named Mount Evans, takes over from the expensive central processing units (CPU) that do the main computing, for the work of packa...

Honeywell To Work On Lower-Carbon Aviation Fuel Amid Increasing SAF Demand – $HON $DIA $INVO

As per reports, Honeywell International Inc. (HON) is expecting to roll out technology that could increase supplies of lower-carbon aviation fuel produced from ethanol. The company's technology can increase the production efficiency of sustainable aviation fuel (SAF) to lower costs. The airline indu...

Chevron Commits $500k Contribution For Ian Hurricane Relief – $CVX $DIA $INVO

Reportedly, Chevron Corporation (CVX) has committed $500k to support relief efforts in Florida after Hurricane Ian left devastation across the state, causing catastrophic floods and damage. "Our thoughts are with all the people whose lives have been impacted by Hurricane Ian. With deep ties in Flor...

Chevron & Brightmark Complete First Delivery Of Their Renewable Natural Gas Via The Athena Project – $CVX $DIA

Reportedly, Brightmark and Chevron Corporation (CVX) completed the first delivery of renewable natural gas produced at the Athena Project, a part of their previously announced partnership to own project companies across the U.S. to produce and market renewable natural gas. Brightmark RNG Holdings L...

Oil Giant Chevron Reports Strong Quarter Figures Built On Strong Fuel Margins & High Prices – $CVX $DIA

As per reports, Chevron Corporation (CVX) reported strong quarterly figures reporting a net profit of $11.6 billion, or $5.95 per share, more than triple the $3.1 billion, or $1.60 per share, compared to the same period last year. Chevron's average U.S. sales price for a barrel of crude oil and natu...

Walmart Purchasing 4,500 Electric Vehicles From Canoo – $WMT $DIA

Reportedly, Walmart Stores, Inc. (WMT) is collaborating with American automotive startup, Canoo Inc. to purchase 4,500 electric vehicles nearing its goal to attain net-zero emissions by the year 2040. The deal further includes Canoo's fully electric Lifestyle Delivery Vehicle, the production of whic...

Chevron To Release Quarterly Earnings On July 29 – $CVX $DIA

Reportedly, Chevron Corporation (CVX) is to hold its quarterly earnings conference call on Friday, July 29, 2022, at 11:00 a.m. ET/ 8:00 a.m. PT.  The live webcast can be reached at www.chevron.com. Interested parties can Dial-in # (Listen-only mode): 800-491-5082 with Conference ID #: 1185585. Sp...

Chevron To Relocate Headquarters Within California – $CVX $DIA

As per reports, Chevron Corporation (CVX) plans to relocate its global headquarters to a newly leased space in California and sell its existing head office in the state. The oil giant is expected to shift its headquarters to the new site during the third quarter of 2023. "The current real estate ma...

Chevron Collaborates With KazMunayGas Exploring Lower Carbon Opportunities In Kazakhstan – $CVX $DIA

Reportedly, Chevron Corporation (CVX) through its subsidiary Chevron Munaigas Inc, and JSC NC "KazMunayGas" have announced a memorandum of understanding to explore potential lower carbon business opportunities in Kazakhstan.  At the 34th Plenary session of the Foreign Investors Council led by Pres...

Caterpillar Announces Acquisition Of EaaS Company, Tangent Energy Solutions- $CAT $DIA

Reportedly, Caterpillar, Inc. (CAT) has acquired a U.S.-based energy-as-a-service company, Tangent Energy Solutions, headquartered in Kennett Square, Pennsylvania. Tangent Energy offers customers turnkey solutions for reducing energy costs, increasing energy efficiency, reducing emissions, monetizin...

Higher Oil & Gas Prices Power Quarterly Profits For Chevron – $CVX $DIA

As per reports, Chevron Corporation's (CVX) profits quadrupled during the first quarter of 2022, boosted by higher oil and gas prices. The oil giant reported $6.3 billion in earnings during the period up from $1.37 billion during the same quarter in 2021. Chevron’s revenue increased to $54.37 bill...

Chevron Meets United Steelworkers Union (USW) Over Refinery Strike – $CVX $DIA

As per reports, Chevron Corporation (CVX) and the United Steelworkers union (USW) recently met to end a 3-week-old strike by 500 workers at the company's Richmond, California, refinery marking the first face-to-face discussion between the two sides. The first vice president of USW Local 12-5, B.K. W...

Chevron Schedules Q1 Earnings Release For Friday, April 29, 2022 – $CVX $DIA

Reportedly, Chevron Corporation (CVX) is to host its first-quarter conference call on Friday, April 29, 2022 at 11:00 a.m. ET (8:00 a.m. PT).  Speakers: Mike Wirth – Chairman of the Board and Chief Executive Officer Pierre Breber – Vice President and Chief Financial Officer Roderick Green ...

Chevron Phillips Chemical Company LP Agreed To Spend $118M To Clean & Upgrade Petrochemical Plants- $CVX $DIA

Reportedly, Chevron Phillips Chemical Company LP, a joint venture between Chevron Corporation (CVX) and Phillips 66 has agreed to spend $118 million to clean and upgrade three of its petrochemical plants on the Gulf Coast. Chevron Phillips Chemical Company LP has been ordered to pay $3.4 million as ...

San Ramon, California-based Chevron Doubles Stock Repurchase Program- $CVX $DIA

As per reports, Chevron Corporation (CVX) announced that it will double its share buyback to as much as $10 billion a year. The San Ramon, California-based company is looking to buy back between $5 billion and $10 billion of stock each year, an increase from previous guidance of $3 billion to $5 bil...

Chevron To Acquire Renewable Energy Group, North America’s Largest Producer of Advanced Biofuels – $CVX $DIA $REGI

As per reports, Chevron Corporation (CVX) has announced that it is acquiring Renewable Energy Group Inc. (REGI) for about $3.15 billion. The transaction marks a significant boost for the oil giant's investment in renewable fuels, demand for which is expected to grow in the near future as businesses ...

Chevron Invests In The World Leader In Building Cost-Effective Industrial Carbon Capture Methods- $CVX $DIA

As per reports, a subsidiary of Chevron Corporation (CVX), Chevron U.S.A. Inc., is investing in Carbon Clean, a world leader in building cost-effective industrial carbon capture methods. Carbon Clean’s technology is built to reduce the costs and physical footprint required for carbon capture in co...

Swiss Climate Finance Specialist South Pole Taps Temasek & Salesforce.Com For Investment – $CRM $DIA

As per reports, climate finance specialist the South Pole has gained the investment arm of Salesforce.Com Inc. (CRM) and Singapore's Temasek as minority investors after a new round of funding. The South Pole develops projects to reduce carbon emissions and has gathered finance for nearly 1,000 proje...

Chevron’s Q4 Earnings Surprisingly Disappoint – $CVX $DIA

As per reports, Chevron Corporation (CVX)’s fourth-quarter earnings disappointed despite higher oil and gas prices. The oil giant reported adjusted earnings of $5.1 billion, or $2.65 a share, missing analyst estimates of $3.12 per share profit. In its oil and gas producing unit, Chevron reported ...

JOIN US TODAY at Tribe Public’s FREE Webinar Jan.11 (11AM ET) Event “From Space to sea – Tesla of the Subsurface” – $CLAQ $AVAV $RIG $SLB

You are cordially invited to join Vista Partners' sister organization, Tribe Public, for a FREE Webinar Presentation and Q&A Event which will be held today, Thursday, January 11 (8:00 am PT/ 11:00 am ET). Tribe Public's (www.tribepublic.com) complimentary worldwide webinars are efficient 30-min...

Chevron Delays Scheduled January Return To Office As Omicron Spreads – $CVX $DIA

As per reports, Chevron Corporation (CVX) has delayed January's full return to office for its two largest U.S. worksites San Ramon and Houston offices as the Omicron variant spreads across the United States. The country is reporting an alarming rate of new infections every day. Amid the Omicron risi...

Chevron Joins Decarbonization Initiative Under The Sea Cargo Charter – $CVX

Reportedly, Chevron Shipping Company has joined the Sea Cargo Charter, a benchmark initiative for responsible shipping activities, transparent reporting of greenhouse gas, and improved decision making in line with targets set by the United Nations. The Sea Cargo Charter establishes a common baseline...

Chevron Boosts Share Buyback & Investing – Watches Spending

Reportedly, Chevron Corporation (CVX) plans to boost its share buyback to as much as $5 billion per year, as the oil giant uses higher commodities prices to step up returns to investors and not invest in production growth., as the company is wary of plowing that cash back into new production at a ti...

Minor Gas Leak Reported At Chevron’s Australian Gorgon LNG Train 1

Reportedly, Chevron Corporation (CVX) has reportedly closed down one of three processing units, called trains, at its Gorgon liquefied natural gas plant off Western Australia as a precautionary measure, after a minor gas leak was identified. The leak was found on piping related to the dehydration un...

IBM & Amazon Collaborate To Offer OpenShift To Oil Industry

As per reports, International Business Machines Corporation (IBM) and Amazon (AMZN) have come together to offer a set of tools that oil companies can use to manage diverse types of data. IBM’s technology called OpenShift will allow oil companies to use the oil-industry cloud data tools in their pr...

Chevron To Address CO2 Injection Shortfall At Australia LNG Site

Reportedly, Chevron Corporation (CVX) Australian unit will invest A$40 million ($29.49 million) to address a carbon dioxide injection shortfall at its Gorgon liquefied natural gas facility in Western Australia. Under the investment, the oil giant will address the shortfall over a five-year period, a...

Surprise! Chevron Reports ‘Best Ever’ Cash Flow As Oil & Gas Prices Fly Upward

As per reports, Chevron Corporation (CVX) posted the highest quarterly profit in eight years, driven by surging oil and gas prices and a recovery in motor fuel demand. The U.S oil major posted a net income of $6.11 billion, compared with a loss of $207 million a year ago. Adjusted earnings per share...

Chevron To Release Q3 Earnings On Oct 29

As per reports, Chevron Corporation (CVX) will release its Q3 earnings results on Friday, October 29, 2021, at 11:00 a.m. ET (8:00 a.m. PT).  The live webcast can be reached at the company’s website. Interested parties can dial in: Listen-only mode: 929-477-0308 or 800-289-0449 with Conference ...

Chevron & Gevo invest in Sustainable Aviation Fuel

Chevron & Gevo To Jointly Invest In Sustainable Aviation Fuel

Reportedly, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX), and Gevo, Inc announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel, lowering the lifecycle of the carbon in...

Hydrogen Trial Projects

Chevron, Caterpillar Entered Collaboration Agreement To Develop Hydrogen Trial Projects In Stationary Power Applications – $CAT $CVX

Reportedly, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX), and Caterpillar Inc. (CAT) have entered a collaboration agreement to develop hydrogen trial projects in stationary power applications and transportation applications, including prime power.  The goal of the collaboration i...

Batch Of Sustainable Aviation Fuel

Chevron, Delta Air Lines, & Google Team To Test The First Batch Of Sustainable Aviation Fuel

Reportedly, Chevron Corporation (CVX) plans to produce a test batch of sustainable aviation fuel (SAF) and sell it to Delta Air Lines at the Los Angeles International Airport. The initiative is a part of the partnership companies announced with Alphabet Inc-owned Google to track SAF test batch emiss...

Oil Reserve

U.S Refineries Turn To Country’s Oil Reserve For Support As Gulf Output Remains Shut

As per reports, U.S. is granting a second refiner in Louisiana access to the country’s emergency crude stockpiles. Placid Refining Co. will receive 300,000 barrels of crude from the Strategic Petroleum Reserve, as many oil-producing platforms in the Gulf of Mexico remain offline after the region h...

Methane-Emissions Monitoring Platform

Duke Energy, Microsoft & Accenture Come Together To Develop A Unique Methane-Emissions Monitoring Platform

Reportedly, Duke Energy is working with Accenture and Microsoft (MSFT) to develop a unique technology platform designed to measure actual baseline methane emissions from natural gas distribution systems. The news platform will provide near-real-time data collection, allowing Duke Energy's field resp...

Chevron Reports Highest Profits In 6 Quarters – Resumes Buybacks

Reportedly, Chevron Corporation (CVX) reported its highest profit in six quarters, reporting oil and gas production unit earnings of $3.18 billion in the quarter compared with a loss of $6.09 billion a year ago. Total production increased 5% to 3.13 million barrels of oil equivalent per day, while C...

Chevron Announces Appointment Of Eimear Bonner As Vice President

Reportedly, Eimear Bonner has been appointed as vice president, Chevron Corporation (CVX) reporting to CEO & Chairman Michael Wirth, effective August 2. Bonner will continue as president, Chevron Technical Center, and chief technology officer, leading the application of technology, research and ...

Chevron’s New Energy Transition (‘Low-carbon Investments’) Unit To Come Into Effect From Aug 2

Reportedly, Chevron Corporation (CVX) announced the creation of a new unit to take care of its low-carbon investments, with an initial focus on alternative energy sources like hydrogen and technologies including carbon capture. The unit is to come into operations from August 2 and will be headed by ...

Chevron To Pay Quarterly Dividend On Sep 10

As per reports, the Board of Directors of Chevron Corporation (CVX) announced a quarterly dividend of $1.34 per share to all common stock holders as on August 19, 2021. The dividend is payable on September 10, 2021.   Dow 30 component Chevron Corporation (CVX), through its subsidiarie...

Chevron Misses Carbon Capture Target At Its Gorgon Australia Plant

As per reports, Chevron Corporation's (CVX) system at the $54 billion Gorgon liquefied natural gas export plant in Australia missed a local government target to inject captured carbon dioxide underground. Global expectation and ambition to capture and store carbon dioxide is not working like it shou...

Chevron Commits $3B By 2028 For The Future Of Low Carbon Energy

Reportedly, Chevron Corporation (CVX) has committed $3 billion by 2028 to advance its energy transition strategy. The oil giant is seeking to lower carbon intensity, increasing renewables, and offsets in support of their business, and also investing in low-carbon technologies. More info can be reac...

Chevron Corporation Announces Q2 Earnings Call Release Date

Chevron Corporation (CVX) is scheduled to host its Q2 earnings conference call on Friday, July 30, 2021, at 11:00 a.m. ET (8:00 a.m. PT). The webcast can be reached at www.chevron.com. Other Details: Dial-in # (Listen-only mode): 646-828-8156 or 800-289-0585 Conference ID #: 8697566 Speakers: J...

Chevron Allowed To Continue Restricted Operations In Venezuela

Reportedly, Chevron Corporation (CVX), the last major U.S. oil company still operating in Venezuela, received a new U.S. government license allowing it to continue operations in Venezuela until Dec. 1, informed the Treasury Department. The previous deadline was June 3. In 2019, the United States imp...

Israel Government Orders Push Chevron To Restart Operations At Offshore Tamar Natural Gas Platform

As per reports, Israel's energy ministry has instructed Chevron Corporation (CVX) to restart operations at the offshore Tamar natural gas platform almost after nine days after it was shut on May 12 as per government instructions, due to Israel-Gaza unrest in the region. Chevron holds a 25% stake in...

Chevron & Noble Midstream Partners LP Announce Complete Merger

Reportedly, Chevron Corporation (CVX) and Noble Midstream Partners LP announced the completion of the previously announced acquisition, resulting in Noble Midstream as an indirect, wholly-owned subsidiary of Chevron. Noble Midstream’s common units will not be listed on the Nasdaq Global Select Mar...

Chevron Quarterly Earnings Recover- Raises Dividend By 4%

Chevron Corporation (CVX) reported better than expected first-quarter earnings recently, with an adjusted EPS of 90 cents per share and revenue of $32.03 billion, ahead of $30.37 billion estimates. Net income stood at $1.377 billion, a 62% decrease year over year. Last quarter, Chevron posted a $665...

Caterpillar Announces Retirement Of 2 Long-Time Board Members & Addition Of CEO Of Cargill To Board

As per reports, Caterpillar, Inc. (CAT) has announced the retirement of its 2 long-time members of the board of directors, Juan Gallardo and William (Bill) Osborn, along with the election of Cargill Board Chair and CEO, David MacLennan to the board, effective April 14, 2021. Gallardo, 73 was electe...

Chevron’s Australia Gorgon Train 3 To Be Shut Down In Q2

As per reports, Chevron Corp (CVX) plans to shut down Train 3 at the Gorgon liquefied natural gas plant off Western Australia in the second quarter for weld inspections and maintenance. Problems were discovered in propane kettles in Trains 1 and 2 at the three-train, 15.6 million tonnes a year plant...

Plug Power & Universal Hydrogen Expand Partnership To Pushing Green Hydrogen to Become Cost-Competitive

Reportedly, Power Inc. (PLUG) has expanded its partnership with Universal Hydrogen Co., a pioneer in hydrogen aviation. Both the companies had previously announced a partnership to develop a fuel cell-based hydrogen powertrain for regional aircraft. The recent investment addition by Plug Power will ...

Chevron Invests In Sweden’s Baseload Capital AB, A Geothermal Development Company

Reportedly, Chevron Corporation (CVX) has announced an investment in a Sweden-based private investment company, Baseload Capital AB, building on the development and operation of low-temperature geothermal and heat power assets. The investment includes existing Baseload Capital investors Breakthrough...

VP WATCHLIST PROGRESS REPORT: Chinook Therapeutics (KDNY), INVO Bioscience (INVO), PLUG Power (PLUG)

The VP Watchlist currently contains 10 coverage companies that we believe deserve consideration for short term and long term portfolio additions. Here are today's updates on 3 of the companies from the list.  Chinook Therapeutics, Inc. (NASDAQ: KDNY) ($17.23, +4.17%) and Evotec SE today announc...

Green Hydrogen Solutions Company Plug Power Q4 Highlights & Yearly Strategic Investments

Plug Power (PLUG) reported $337M Q4, 2020 in Gross Billings for 2020, an increase from 42.5% year over year. It further announced multiple partnerships and executed strategic acquisitions, establishing a global platform as a Green Hydrogen Solutions Company. As announced earlier, reported revenue a...

Plug Power To Extend Footprint in New York With New State-Of-The-Art Green Hydrogen Production Facility

Reportedly, Plug Power Inc (PLUG) a leading provider of turnkey hydrogen solutions building the global green hydrogen economy is further expanding its footprint in New York with the construction of its new state-of-the-art green hydrogen production facility and electric substation in the New York Sc...

Plug Power Partners With SK Group In A $1.6B Investment To Accelerate Hydrogen As An Alt-energy In Asian Markets

Reportedly, Plug Power Inc. (PLUG) and SK Group one of the leading South Korean business groups, announced the completion of the $1.6 billion capital investment partnership aimed at accelerating hydrogen as an alternative energy source in Asian markets. The executives of SK and Plug Power had a virt...

Chevron’s New Fund To Invest $300 Million Targeting Low-Carbon Technology Initiatives

Reportedly, Chevron Corp (CVX) has launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas aim to invest more in green energy and manage climate change. Energy giants are working on exploring investments in renewable energy & green technology reducing gre...

Plug Power & ACCIONA Enter A Joint Venture Building Green Hydrogen Platform For Iberia

As per reports, Plug Power Inc. (PLUG) a global leader in hydrogen fuel cell systems and fueling solutions, and ACCIONA S.A, a global leading supplier of sustainable infrastructure solutions have entered a 50-50 joint-venture to be headquartered in Madrid. The Joint Venture will be a leading green ...

bp Collaborates With IBM Quantum Network Encouraging Use Of Quantum Computing In Energy

As per reports, bp has joined the IBM Quantum Network (IBM) to enhance the use of quantum computing in the energy industry. As an industry partner, bp will have access to IBM's quantum expertise, software, and cloud-based access to the largest universal quantum system available with a premium 65-qub...

S&P Lowers Grades Chevron & Exxon Regarding Climate Risk

As per reports, S&P Global Ratings has lowered credit ratings of top U.S. oil producers including Chevron Corp (CVX), Exxon Mobil Corp, and ConocoPhillips, slipping the ratings to 'AA-,' due to the rising risk from energy transition and volatile commodity prices. The oil sector posted billions ...

Plug Power $2B+ Raise Pushes Total Cash Balance To Over $5B

As per reports, the leader in a provider of hydrogen engines and fueling solutions enabling e-mobility, Plug Power Inc. (PLUG) recently announced the completion of its previously announced upsized offering of 32,200,000 shares including the underwriters with an option to purchase an additional 4,200...

Chevron Offers To Acquire The Balance of Noble Midstream Partners LP

Reportedly, Chevron Corporation (CVX) has offered to buy the shares of Noble Midstream Partners LP that it does not already own for about $422 million, further tightening the integrated relationship. Chevron owns a majority of Noble Midstream with a 62% stake following its last year’s acquisition ...

Caterpillar Completes Acquisition Of Weir Oil & Gas, Introduces SPM Oil & Gas

Reportedly, Caterpillar, Inc. (CAT) has completed the acquisition of the Oil & Gas Division, "Weir Oil & Gas" of the Weir Group PLC, a Scotland-based global engineering business. SPM Oil & Gas, Headquartered near Fort Worth, Texas will continue to produce flow iron, a full line of pumps,...

Chevron Reports Q4 Losses Of $11 Million

U.S Oil Giant, Chevron Corporation (CVX) reported Q4 results with an $11 million loss pushed by acquisition costs, low margins on fuel, and foreign currency effects.  The company was, however, quick to respond to the crisis last year as it reduced 15% of its global workforce, cut down new project o...

Chevron Announces Quarterly Dividend Date

The Board of Chevron Corporation (CVX) announced a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share to all common stockholders at the close of business on February 17, 2021, payable on March 10, 2021. Dow 30 component Chevron Corporation (CVX), through its subsidiaries, en...

Chevron Corporation Announces Q4 Earnings Release Date For Friday, January 29, 2021

As per reports, Chevron Corporation Corp (CVX) to conduct its fourth-quarter earnings conference call at 11:00 a.m. ET / 8:00 a.m. PT, on Friday, January 29, 2021. The event can be reached live at www.chevron.com. The meeting will be conducted by the senior leadership team. Interested parties can d...

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