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Chevron CEO says U.S. 2050 carbon goals too ambitious

The head of oil company Chevron Corp said efforts to cut U.S. carbon emissions by 80 percent by 2050 were unrealistic because so much current energy infrastructure would have to be replaced.

Greens plan to stop Chevron's California project: lawyer

Opponents of a new hydrogen plant under construction at Chevron Corp's San Francisco Bay-area refinery in Richmond, California, plan to ask a California judge to stop the project because of a flawed environmental impact report, an attorney said Tuesday.

Wall Street tumbles on oil's drag, data

U.S. stock slid on Wednesday, snapping a four-day winning streak as retreating oil prices sunk shares of energy companies, while signs of further contraction in the service sector doused hopes the recession is abating.

Nigeria militant attack on Chevron shuts 100,000 bpd

Nigerian militants launched their first major strike against the oil industry since the start of a 10-day old military offensive late on Sunday, bombing a Chevron pipeline and shutting 100,000 barrels per day of output.

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Chevron sees sharply lower Q1 profit

Chevron Corp warned that first-quarter earnings would be sharply lower than the previous quarter as lower oil and gas prices took a toll and refined-product margins shrank significantly.

Kazakhstan says expects Obama to visit

U.S. President Barack Obama plans to visit Kazakhstan as part of a wider tour of Central Asia, Kazakhstan's upper house of parliament quoted him on Tuesday as saying.

Wall Street lifted by bank plan and energy shares

Stocks jumped on Monday, with the Dow and S&P 500 gaining 4 percent after the U.S. government released the details of a plan to clean out toxic assets from banks' balance sheets.

Heads of Oil Industry Push Offshore Drilling

Major companies in the oil industry pushed the U.S. Congress Wednesday for the permanently lifting of a moratoria that blocks them from drilling offshore and reach tremendous amounts of oil and gas resources.

Crude Oil Rises on Supply Concerns from Nigeria

Crude oil futures ended with gains on Thursday as speculation rose that a renewed strike in Nigeria may curb supplies.

Stocks Tumble on Inflation Woes

U.S. stocks plunged on Tuesday after oil soared to nearly $130 a barrel fueling concerns that commodity prices will further dampen U.S. consumption levels, while analysts forecast more credit losses and faster inflation.

Chevron to Lay-Off 1,100 Employees

Chevron Corp. said that about 1,100 employees are eligible for severance payments at the end of the first quarter, after eliminating the positions as part of a restructuring and reorganization plan.

Chevron Profit Rises on Record Oil Prices

Chevron Corp's net income for the first quarter rose 9.6 percent as surging oil prices offset narrower refining margins.

Chevron, Total seeks contract with Iraq on oil field

Chevron Corp. and Total confirmed that they are in talks with the Iraqi government to expand production at a major oil field in Basra, southern Iraq.

Cambodia to begin oil production by 2011

Commodity Online PHNOM PHEN: Cambodian National Petroleum Authority ( CNPA ) on Wednesday announced its intention to start oil production by 2011.

Chevron earnings fall over 25 percent

Chevron Corp's third-quarter earnings fell more than 25 percent, missing analyst estimates on sharply lower profits from gasoline production.

Chevron-led Russia venture faces challenges: report

An energy development consortium led by U.S. oil producer Chevron Corp. in Kazakhstan is facing challenges from the Russian government over a pipeline that runs through Russian territory, the Wall Street Journal reported.

Exxon, Chevron, Conoco may bid in India auction: paper

Exxon Mobil, ConocoPhillips and Chevron Corp. will likely participate in India's seventh round of auctions under the New Exploration Licensing Policy (NELP), the Business Standard said on Sunday.

Chevron profit up with refining, beats view

Chevron Corp posted a better-than-expected 24 percent rise in quarterly earnings on Friday on higher profits from its refineries and a gain from the sale of its stake in power company Dynegy Inc. Net income in the second quarter increased to $5.38 billion, or $2.52 a share, from $4.35 billion, or $1.97 a share, last year.