Chevron Stock News

Policy aims to block Maduro royalties and Chinese takeover while maintaining US oil infrastructure

Chevron plans to lay off 200 employees at locations in Midland, Texas as part of a global workforce reduction of up to 20% by 2026.

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KHC, CVX, and TMO stand out as some of the hardest-hit names held by big-name hedge funds.

The arbitration proceedings in Exxon Mobil's contractual dispute over Chevron's planned acquisition of Hess concluded this week and a decision is expected in about two to three months, said Exxon senior vice president Neil Chapman on Thursday.

Chevron will lay off nearly 800 employees in Texas, according to a notice on Wednesday to the Texas Workforce Commission, part of the U.S. oil producer's plan to cut up to 20% of its global workforce by the end of 2026.

Houston, Texas-based oil giant Chevron is transferring joint venture control to its partner, state company PDVSA, while maintaining a staff presence in Venezuela.

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today provided an overview of the company's business performance and plans at its Annual Meeting of Stockholders. The meeting highlighted the company's strong performance and consistent strategy, with stockholders showing their support by voting in favor of the full slate of Directors and with the company's recommendations on all matters...