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Latest Articles in Chevron Corp

Chevron, Exxon Shrink Spending As Coronavirus Cuts Demand

Exxon shares were down 1% to $32.62 on Friday. Chevron shares gained 1% to $69.50. Exxon shares have lost half of their value this year; Chevron's are down 40%.

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Oil Majors Begin Offshore Evacuations As Storms Take Aim At Gulf Of Mexico

The tropical cyclones churning toward the Gulf of Mexico could both could make landfall as hurricanes next week, an extremely rare event that could cause massive disruption from Texas to the Florida Panhandle.

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Chevron ordered to inspect propane kettles at Gorgon LNG plant in Australia

Gorgon is 47.3% owned and operated by Chevron. Exxon Mobil Corp and Royal Dutch Shell each own 25%, and the rest is held by Japanese firms.

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Chevron Posts $8.3 Billion Loss On Writedowns, Job Cuts

Chevron's oil and gas production writedowns totaled $5.6 billion, mirroring those in recent days at Total, Royal Dutch Shell, and Eni, and an anticipated asset writedown of up to $17.5 billion from BP.

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Chevron Posts Quarterly Loss On More Than $5 Bln Charges Due To Oil Downturn

Net loss attributable to Chevron was $8.27 billion, or $4.44 per share, in the second quarter ended June 30, compared with a net income of $4.31 billion, or $2.27 per share, a year earlier.

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Chevron To Buy Noble For $5 Billion In Stock, Biggest Oil Deal Since Price Crash

Shares of Noble closed up 5.4% to $10.18, after falling more than 60% this year through Friday's close. Chevron fell 2.2% to $85.27.

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Chevron Cuts 2020 Spending Plans Again As Quarterly Revenue Declines

Total revenue and other income fell more than 10% to $31.50 billion in the quarter.

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