Chevron, Venezuela and Trump
Digest more
For almost two decades, oil giant Chevron Corp.’s stubborn persistence in Venezuela looked like folly: with billion-dollar investments constantly under threat from the tug-of-war between Caracas and Washington DC. Now, however, that strategy has placed the world’s biggest petroleum prize within Chevron’s reach.
While the stock hasn’t shown much momentum, the business remains robust: although revenue has declined at an average of 6.2% annually over the last three
The U.S. oil company and President Trump agree that opportunity abounds in the Latin American country.
Chevron (CVX) is preparing to ship about 1 million barrels of Venezuelan crude, a day after President Donald Trump accused the country of using oil revenues to fund drug trafficking and terrorism. The company,
Under state law, refineries are required to install, operate and maintain real-time fence line air monitors. Indeed, over four hours after the Oct. 2 fire at El Segundo, Chevron’s fence line air monitors detected elevated levels of volatile organic compounds, a category of quickly vaporizing chemicals that can be harmful if inhaled.
Chevron Corporation (NYSE:CVX) is included among the 12 Best Dogs of the Dow to Invest in. On2, Mizuho boosted its price target on Chevron Corporation (NYSE:CVX) up to $206 from $204 and kept an Outperform rating.
Latest Twist in Chevron’s Amazon Pollution Saga: Ecuador Ordered to Pay the Oil Company $220 Million
Indigenous and other Ecuadorians have lived with millions of gallons of toxic pollution from Texaco’s operations for decades. Now, those victims’ tax dollars will go to Chevron, which acquired Texaco in 2001.
Zacks.com on MSN
Chevron's Gulf Lease Gains: A Smart Move for Future Growth?
CVX builds on its deepwater legacy with targeted wins in the latest Gulf of Mexico lease sale, reinforcing long-term U.S. energy supply.
Exxon is the second-largest publicly traded energy company, followed by Chevron in third place. If you prefer to go with industry-leading companies, either one will do. That said, Chevron's market cap is roughly $300 billion while Exxon's market cap is about $500 billion. Bigger isn't always better, but Exxon is substantially larger than Chevron.