Chevron announces natural gas discovery in Gorgon field off Australian coastSAN RAMON, Calif. — Energy company Chevron Corp. said Sunday it has made an additional discovery of natural gas in the giant Gorgon gas field being developed off the northwest coast of Australia. Chevron says 3Q earns likely up significantly from 2Q on higher oil prices, asset salesSAN RAMON, Calif. — Chevron Corp. expects its third-quarter earnings to be significantly higher than the second quarter on higher crude oil prices and gains from asset sales and tax items. Chevron names John S. Watson chairman and CEO; David O’Reilly retires after 41 yearsSAN RAMON, Calif. — Chevron Corp., the second-largest U.S. oil company, said Wednesday that its board has promoted vice chairman John S. Watson to chairman and chief executive. Chevron files for international arbitration vs Ecuador, seeks shared liability in $27B caseSAN RAMON, Calif. — Chevron Corp. sought Wednesday to force Ecuador into international arbitration for alleged trade violations, an apparent effort to protect itself against a feared negative ruling in a $27 billion lawsuit over environmental damage. Chevron sues Ecuador under trade law to protect against negative ruling in other $27B caseSAN RAMON, Calif. — Chevron Corp. sought Wednesday to force the government of Ecuador into international arbitration for alleged trade violations, an apparent effort to protect itself against a feared negative ruling in a $27 billion lawsuit over environmental damage. Chevron Corp.’s board boosts quarterly dividend 4.6 percent to 68 cents a shareSAN RAMON, Calif. — Chevron Corp. raised its quarterly dividend by 4.6 percent to 68 cents a share from 65 cents a share. |