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The Latest Breaking News from Chevron

Carbon Causes Climate Change. Why Does a California County Want to Make More?

Kern County wants to use billions in federal tax credits to collect and bury carbon. To do so, it would build new facilities to produce more of the most abundant greenhouse gas.

Capital & Main

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

Revealed: over 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

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Give Climate Change the Name It Deserves: Fossil-Fueled Destruction

“Climate Crisis” only identifies the symptoms of oil and gas dependence. As time runs out, we need a term that focuses on what — and who — is to blame.

Capital & Main

Energy barons face-off over clean gas at climate summit

As negotiators gather for the final week of a milestone climate summit, the gas lobby says Australia's sector is already years ahead on emissions reduction.

AAP

FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal

The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger

The Independent UK

Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup

ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.

International Business Times

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Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades

The Independent UK

Chevron Looks Like a Bargain With a 10x P/E, a Likely Dividend Hike and 4.45% Yield

Chevron is a bargain given that its forward P/E multiple is 10.2x, and the company is likely going to hike its dividend next month, giving it a forward 4.45% yield. Shorting puts is a play here.

Barchart

Oil firms are out in force at the climate talks. Here's how to decode their language

The oil industry has a huge voice in this year's climate talks. But what are oil companies actually saying? And why does it matter? We break down their pledges and statements into plain English.

WEKU

At UN climate talks, fossil fuel interests have hundreds of employees on hand

At least 1,300 employees of organizations representing fossil fuel interests registered to attend this year’s United Nations climate talks in Dubai

The Independent UK

Short Circuit: A Roundup of Recent Federal Court Decisions

Retaliating against a harbormaster, retaliating against a prisoner, and official-act immunity.

Reason

Cyprus and Chevron reach a deal to develop an offshore natural gas field, ending years of delays

An official says the Cyprus government and U.S. energy company Chevron have reached a deal on how to develop the Aphrodite gas field, the first to be discovered under the seafloor off Cyprus

The Independent UK

Supreme Court takes up cases challenging Chevron

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

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Ballotpedia

SCOTUS takes up second Chevron case, bump stock ban challenge

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Golf Monthly

The Best Women's Golf Trophies

We highlight some of the most glittering and eye-catching bits of silverware in the women's game

AAP

Rift between net-zero climate pledges, carbon footprint

Woodside, Chevron and Glencore have been assessed as at significant risk of "net-zero greenwash" and are urged to join the "climate ambition loop" instead.

WEKU

The world is awash in plastic. Oil producers want a say in how it's cleaned up

Groups connected to the fossil fuel industry are trying to shape an international treaty to cut plastic pollution. And oil- and gas-producing nations are at the negotiating table.

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Barchart

Chevron's 4.2% Dividend Yield and Low 10x P/E Multiple Make It Cheap

Chevron stock looks cheap based on its 4.2% dividend yield, and its low 10x price-to-earnings multiple. These are also below their historical averages. One play for this is a short-put trade.

The Independent UK

Cyprus official says Israel-Hamas war may give an impetus to regional energy projects

Cyprus’ energy minister says the political and economic ramifications from the ongoing Israel-Hamas war may provide an impetus to regional energy projects involving his country

AAP

Report pokes holes in fuel company plans for net zero

An analysis of net-zero plans released by petrol companies have questioned their green claims, including their reliance on 'dirty' hydrogen and carbon offsets.

The Guardian - UK

BP’s interim boss struggles to be heard. But his message is right

‘Nothing’s changed’ stance by Murray Auchincloss needs time despite sceptism of investors

Ballotpedia

State attorneys general appeal challenge to labor department’s ESG rule

The Texas Tribune

Oil and gas companies spill millions of gallons of wastewater in Texas

An exclusive Inside Climate News analysis found that companies have spilled nearly 150 million gallons of toxic, highly saline wastewater in Texas over the last decade.

AAP

Chevron workers endorse pay deal and claim victory

Chevron workers in Western Australia have voted to endorse a series of proposed enterprise agreements after months of negotiations and industrial action.

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