Chevron Stock News

Senator Sheldon Whitehouse is pitching a steep new tax on oil companies, such as Chevron Corp. and Shell Plc, as part of a broader plan to mitigate the impact of inflation on middle-income families.

Chevron is less exposed to Russia''s war than rivals. But it''s getting extended.

NEW YORK , March 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for JD, OXY, WMT, CVX, and NEM. … Full story available on Benzinga.com

The energy sector resumed its recent rally Thursday, as crude oil prices rose again following the the previous session''s sharp pullback. The SPDR Energy Select Sector ETF rose 1.1% in morning trading. The bounce back comes after the ETF (XLE) slumped 3.1% on Wednesday, to snap an eight-session win streak, which was the longest since the eight-day stretched ended Sept. 20, 2018, as crude oil futures plummeted 12.1% from a 14-year high. On Thursday, crude oil futures rose 2.1%, as talks between Russian and Ukraine haven''t made progress. Within the XLE, shares of Chevron Corp. rose 3.7% and Baker Hughes Co. climbed 2.7% to pace the gainers. Among other more-active XLE components, shares of Occidental Petroleum Corp. tacked on 0.8% and Exxon Mobil Corp. advanced 1.2%, Marathon Oil Corp. slipped 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

The energy sector resumed its recent rally Thursday, as crude oil prices rose again following the the previous session''s sharp pullback. The SPDR Energy…

There’s no denying the fact that the crypto market has continued to grow from strength to strength over the last few years, as is highlighted by the fact that between 2020 and 2022 alone the total market capitalization of the industry ballooned from $191 billion to a whopping $2+ trillion, thereby showcasing a growth of 10x — something no other company, asset class or industrial sector can boast of. In fact, Bitcoin’s market cap alone currently is touted to be worth more than that of many prominent mainstream entities including Berkshire Hathaway, Meta (the parent firm behind Facebook and Instagram), Visa, Walmart, JP Morgan Chase, Mastercard, Home Depot, Chevron, amongst many others. That said, despite this monumental growth, education pertaining to this fledgling industry has continued to remain quite lackluster. To this point, it recently came to light that just 2% of individuals who participated in a survey (residing across the US, Mexico and Brazil) were able to score 60+% in relation to basic concepts dealing with Bitcoin, Non-Fungible Tokens (NFTs), Stablecoins, etc, thus exposing the vast knowledge gap that currently exists within this sector.

Energy stocks <> comprise Wednesday''s five biggest losers on the S&P 500, as crude futures plunged by the most since November after the United Arab Emirates and Iraq

A unit of oil major Chevron Corp has agreed to spend $118 million to upgrade and clean up three of its petrochemical plants on the Gulf Coast and pay a $3.4 million civil penalty as part of a settlement for violating federal air quality rules, the U.S. Justice Department announced on Wednesday.

OPEC may ride to the rescue of U.S. car owners.

Chevron Phillips agreed to make around $118 million worth of upgrades and perform compliance measures at three of the company''s petrochemical manufacturing facilities, the Department of Justice said Wednesday.

Chevron Phillips Chemical Company LP has agreed to reduce harmful air pollution at three Texas-based plants among other resolutions. Chevron Phillips has agreed to make upgrades and perform compliance measures in order to resolve…

The Justice Department has secured a settlement with Chevron Phillips to make upgrades at three of its Texas petrochemical plants.

A proposed settlement has Chevron Phillips Chemical Co. paying $118 million for upgrades and compliance measures at three Texas petrochemical plants.

President Joe Biden on Tuesday ordered a ban on all Russian energy imports in response to Vladimir Putin''s invasion of Ukraine. The sanctions imposed against Russia have contributed to the ongoing increase in oil prices, so Biden and his allies are turning to alternative sources. Venezuela, an impoverished socialist country with the world''s largest proven oil reserves, has emerged as a potential alternative. US Officials Meet With Maduro As reported by Reuters, U.S. officials met on Saturday with Venezuelan President Nicolas Maduro in Caracas, the country''s capital. The officials met with Maduro to discuss securing oil supplies for the U.S., according to individuals briefed on the matter. Venezuela has been under heavy oil sanctions since 2019, so this suggests that the Biden administration is looking at easing the sanctions. Both U.S. officials and Maduro, who is a close ally of Putin, reportedly began the negotiations with "maximalist" demands. Will US And Venezuela Strike A Deal? U.