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New York City sues oil companies over climate change

The city alleges the fossil fuel industry was aware for decades that burning fuel was impacting climate change.

Jan 11, 2018, 12:44 PM IST

RIL sells stake in US shale gas biz with Carrizo for $126 mn

RIL held stakes in three US shale gas ventures - 45 percent with Pioneer Natural Resources in the Eagle Ford shale play; 40 percent with Chevron and 60 percent with Carrizo Oil & Gas in the Marcellus Shale play.

Oct 06, 2017, 17:06 PM IST

ExxonMobil, Chevron told to allow investor climate votes

US regulators have told ExxonMobil and Chevron to permit shareholders to vote on resolutions requiring assessments of how climate change policies might affect them, according to documents released Thursday.

Mar 25, 2016, 02:04 AM IST

US appeals court orders Ecuador to pay $96 mn to Chevron

A US federal appeals court on Tuesday upheld a $96 million award that Ecuador must pay oil giant Chevron in an arbitration of their dispute over Chevron`s investments in the country.

Aug 05, 2015, 02:16 AM IST

US stocks drop as oil equities tumble

US stocks dropped Monday with petroleum-linked equities retreating on a big drop in oil prices as Wall Street girds for a busy week of economic reports.

Aug 04, 2015, 01:59 AM IST

OVL qualified along with Chevron, Exxon for Mexico bid round

ONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.

May 31, 2015, 12:42 PM IST

Dow, S&P 500 fall; Nasdaq up back near 5,000

The Dow and S&P 500 Thursday gave back some of their gains from the prior session, while the Nasdaq edged up closer to 5,000.

Mar 20, 2015, 10:53 AM IST

Chevron to sell more assets amid drop in oil prices

US oil giant Chevron Tuesday said it plans $15 billion in asset sales through 2017 as it seeks to maintain a strong dividend for shareholders amid lower oil prices.

Mar 11, 2015, 01:02 AM IST

Chevron and ONGC Videsh join New Zealand oil, gas search

New Zealand awarded 15 oil and gas exploration licences on Tuesday, with U.S. giant Chevron and India`s ONGC Videsh joining the hunt in the South Pacific country for the first time.

Dec 09, 2014, 12:19 PM IST

Greenpeace blocks Chevron`s Romanian shale gas site

Around 20 Greenpeace activists have blocked access to a shale gas exploration site in Romania, in a third attempt to scupper the drilling operations of US energy group Chevron.

Jul 08, 2014, 04:10 AM IST

OVL eyes Chevron's gas block in Vietnam

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking to buy a stake in US supermajor Chevron's USD 4.3 billion Block B gas project in Vietnam.

Nov 24, 2013, 16:36 PM IST

Mere 90 companies behind major part of man-made climate change

The climate crisis of the 21st century has been caused largely by just 90 companies.

Nov 21, 2013, 19:37 PM IST

Chevron ordered to pay Ecuador $9.51 bn on appeal

An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced USD9.51 billion.

Nov 13, 2013, 13:27 PM IST

Chevron in US court to block $19bn Ecuador fine

US oil giant Chevron went to court in New York this week to try to escape paying USD 19 billion in damages in Ecuador, accusing an American lawyer acting for indigenous people there of fraud.

Oct 17, 2013, 09:08 AM IST

Chevron, Transocean settle over Rio oil spill

US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors to settle lawsuits over an oil spill off the coast of Rio de Janeiro.

Sep 14, 2013, 11:15 AM IST

Chevron buys Reliance's 80% stake in two blocks in Kurdistan

US oil behemoth Chevron Corp on Thursday said it has bought Reliance Industries' 80 percent stake in two oil blocks in Kurdistan region of Iraq for an undisclosed amount.

Jul 19, 2012, 20:12 PM IST

`Hijackers take 2 boats, hostages, off Nigeria`

Violence in the Niger Delta`s vast swamps and waterways has in the past cut oil output, moving global prices.

Nov 19, 2011, 15:44 PM IST

New natural gas find in Australia: Chevron

Chevron has announced a new natural gas discovery off Western Australia that will help support the massive Gorgon liquefied natural gas (LNG) project.

Oct 19, 2009, 11:51 AM IST

Venezuela buys ConocoPhillips` gas project stake

Venezuela`s state oil company has purchased ConocoPhillips` 40 percent stake in a joint natural gas venture with Chevron Corp.

Oct 03, 2009, 20:58 PM IST