About our Chevron news
Latest news on Chevron (NYSE: CVX), America's second-largest oil company, covering energy production, global operations, financial performance, environmental initiatives and corporate strategy.
Chevron Corporation, with a market capitalization among the largest in the energy sector, operates as a fully integrated energy company generating over $200 billion in annual revenue. After relocating its headquarters from California to Houston in 2024, the company continues to expand its global footprint across oil, gas, renewable energy and emerging technologies.
Recent developments include the company's $53 billion acquisition of Hess Corporation in October 2023, providing access to significant assets in Guyana's rapidly growing oil sector. Chevron has also increased investments in clean energy initiatives, taking stakes in fusion power companies and acquiring a majority position in what aims to be the world's largest hydrogen storage facility in Utah.
Beyond traditional oil and gas operations, Chevron has committed substantial resources to alternative energy solutions while maintaining its position as a leading fuel retailer through its Chevron, Texaco, and Caltex brands across over 8,000 locations in the United States alone. The company's focus on technological innovation extends to carbon capture projects and renewable natural gas production from dairy farms.
Chevron's legacy dates back to its origins as the Standard Oil Company of California, evolving through strategic mergers including Gulf Oil (1984) and Texaco (2001). Today, it maintains its position as one of the largest publicly traded energy companies globally and remains the last oil-and-gas component of the Dow Jones Industrial Average since ExxonMobil's exit in 2020.
Our NewsNow feed provides comprehensive coverage of Chevron's corporate developments, stock performance, energy market impact, and strategic initiatives. Stay informed about this energy giant through our regularly updated feed featuring market analysis, industry insights, and corporate news from verified sources.