Chevron and China Huadian Sign Heads of Agreement for Long Term LNG Supply

The company announced that it has signed a non-binding liquefied natural gas (LNG) supply Heads of Agreement with China Huadian Green Energy Co., Ltd. When the agreement is finalized, China Huadian Green Energy is expected to receive up to 1 million metric tons per annum of LNG over 10 years starting in 2020.
Source: Chevron

Supreme Court of Gibraltar Rules Against Donziger Offshore Company; Awards Chevron $28 Million

The Supreme Court of Gibraltar has issued a judgment against Amazonia Recovery Ltd., a Gibraltar-based company set up to receive and distribute funds resulting from a fraudulent Ecuadorian judgment against Chevron.
Source: Chevron

Chevron Confirms First Production From the Moho Bilondo Phase 1b Development Offshore the Republic of Congo

Chevron Corporation (NYSE: CVX) confirmed today that its subsidiary, Chevron Overseas (Congo) Limited, and partners have started production from the deepwater development Moho Bilondo Phase 1b offshore the Republic of Congo.
Source: Chevron

Chevron Announces $26.6 Billion Capital and Exploratory Budget for 2016

Chevron Corporation today announced a $26.6 billion capital and exploratory investment program for 2016.
Source: Chevron

Chevron Announces First Production From the Lianzi Development Offshore the Republic of Congo and Angola

Chevron Corporation announces Chevron Overseas (Congo) Limited has commenced oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.
Source: Chevron

Chevron Reports Third Quarter Net Income of $2.0 Billion

Chevron Corporation today reported earnings of $2.0 billion ($1.09 per share – diluted) for third quarter 2015, compared with earnings of $5.6 billion ($2.95 per share – diluted) in the 2014 third quarter. Foreign currency effects increased earnings in the 2015 quarter by $394 million, compared with an increase of $366 million a year earlier.
Source: Chevron