News: Chevron Corp (CVX)

CVX on New York Consolidated

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24 Apr 2015
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Wed, Apr 22 2015

Chevron Saudi unit plans to shut joint Kuwait oilfield in May

KHOBAR, Saudi Arabia, April 22 - A Saudi Arabian unit of U.S. oil major Chevron has told its Kuwaiti partner it plans to shut down an oilfield jointly operated between the two Gulf OPEC countries next month over long-standing disputes, three industry sources familiar with the matter said.

Chevron's Kazakh joint venture slows expansion plans due to weak oil price

ATYRAU, Kazakhstan, April 21 - Kazakhstan's leading oil producer has slowed its expansion plans further and cut planned spending this year in response to lower oil prices, a senior executive at Chevron's joint venture Tengizchevroil (TCO) said.

U.S. court hears Chevron's fraud claims in $9.5 bln Ecuador dispute

- Chevron Corp urged a U.S. appeals court on Monday to uphold a ruling finding that an American lawyer used corrupt means to secure a $9.5 billion pollution judgment in Ecuador.

U.S. court hears Chevron's fraud claims in $9.5 billion Ecuador dispute

- Chevron Corp urged a U.S. appeals court on Monday to uphold a ruling finding that an American lawyer used corrupt means to secure a $9.5 billion pollution judgment in Ecuador.A lawyer for Chevron told the 2nd U.S. Circuit Court of Appeals in New York that Steven Donziger, a U.S. lawyer who represented a group of Ecuadorians that sued the oil giant, pursued a case "shot through with fraud."

U.S. court hears Chevron's fraud claims in $9.5 bln Ecuador dispute

April 20 - Chevron Corp urged a U.S. appeals court on Monday to uphold a ruling finding that an American lawyer used corrupt means to secure a $9.5 billion pollution judgment in Ecuador.

China sells Australia-spec gasoline cargo, eyes growing market

* PetroChina sold rare Australian grade gasoline to Chevron last month - source

Par wraps up Mid Pac takeover in Hawaii

- Par Petroleum Corp today announced the completion of the acquisition of Hawaii based Mid Pac Petroleum, LLC.

Australia shares slump on falling metals, oil prices

SYDNEY, March 30 - Australian shares fell sharply on Monday as resources stocks followed oil and metals prices lower, while Caltex Australia's stock slumped as U.S. energy giant Chevron Corp sold its entire stake at a discounted price.

Australia shares tumble as commodities decline weighs on resources

* Little upbeat economic data (Adds analysis, quotes, stocks on the move)

RPT-Chevron exits Caltex Australia stake for $3.7 bln

PERTH, March 28 - U.S. energy giant Chevron sold its entire stake in refiner Caltex Australia Ltd for A$4.7 billion ($3.7 billion) in Asia's biggest block deal this year, as falling oil prices and high costs hurt margins.

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