Chevron Corporation (NYSE:CVX) has entered into a new deal to jointly drill oil exploration wells in Canada.

Chevron Corporation (NYSE:CVX) To Drill In Canada

Partnering with Statoil and Repsol, the US based Chevron Corporation (NYSE:CVX) will explore for oil and natural gas in exploration wells off Canada’s Arctic and Atlantic coasts.

Chevron Corporation (NYSE:CVX) will be controlling 65% of the project.

Beside this, the companies will also cooperate on drilling wells in the Flemish Pass Basin, while Chevron Corporation (NYSE:CVX) and Statoil will cooperate in the Beaufort Sea.

Chevron Corp. (NYSE:CVX) shares are currently standing at 104.13.

Price History
Last Price: 104.13
52 Week Low / High: 86.68 / 110.99
50 Day Moving Average: 103.69
6 Month Price Change %: 0.3%
12 Month Price Change %: 13.5%

Chevron Corporation (NYSE:CVX) has donated drugs and consumables to the Ekpan General Hospital in Nigeria.

Chevron Corporation (NYSE:CVX) Stocks Hospital With Drugs

The US based oil giant Chevron Corporation (NYSE:CVX) has donated drugs and consumables worth millions of naira to the Ekpan General Hospital, in Uwvie council area of Delta state in Nigeria.

Femi Odumabo, General Manager, Policy, Government and Public Affairs of Chevron Corporation (NYSE:CVX) in Nigeria said, “The provision of medical drugs and consumables to the hospital is part of Chevron Corporation (NYSE:CVX)’s larger efforts to support the state to improve health care delivery to the good people of Delta state. We view health care as a crucial social investment as there can be no meaningful development in a society where the people are plagued by ill-health.”

Chevron Corp. (NYSE:CVX) shares are currently standing at 109.1.

Price History
Last Price: 109.1
52 Week Low / High: 86.68 / 110.99
50 Day Moving Average: 103.59
6 Month Price Change %: 2.4%
12 Month Price Change %: 19.3%

Chevron Corporation (NYSE:CVX) has decided to provide a second grant for its job skill training program.

Chevron Corporation (NYSE:CVX) Providing Job Skill Training

The US based oil giant Chevron Corporation (NYSE:CVX) is providing an additional $75,000 to Casa de Amigos for a second year of its Take 2 Job Skills training program.

Josefina Samaguey, Take 2 program coordinator at Chevron Corporation (NYSE:CVX) said, “Officials were grateful for the renewal of the program, which already has helped nearly 50 people train for new careers. I’m very excited and happy and feel that it’s a blessing to be coordinating the program. I always tell my clients with hard work and dedication they can make it possible.”

Chevron Corp. (NYSE:CVX) shares were at 103.13 at the end of the last day’s trading. There’s been a 6.7% change in the stock price over the past 3 months.

Chevron Corp. (NYSE:CVX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.5
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.31
Zack’s Rank: 1 out of 20 in the industry

Chevron Corporation (NYSE:CVX) has signed a new LNG supply deal with Verve Energy and Synergy.

Chevron Corporation (NYSE:CVX) Signs New LNG Deal

Under this new deal, Chevron Corporation (NYSE:CVX) owned Gorgon liquefied natural gas (LNG) project in Western Australia will supply gas for energy suppliers Verve Energy and Synergy for 20 years term starting in 2015.

Chevron Corporation (NYSE:CVX) Australia’s MD Roy Krzywosinski said “the company was pleased to have finalised two significant long-term domestic gas sales contracts for the Gorgon project. Domestic gas is an important energy source for Western Australia and these contracts mean more gas competition for the local market. It demonstrates that the market is working.”

Chevron Corp. (NYSE:CVX) shares are currently standing at 102.82.

Price History
Last Price: 102.82
52 Week Low / High: 81.75 / 110.01
50 Day Moving Average: 99.58
6 Month Price Change %: -7.2%
12 Month Price Change %: 19.2%

Chevron Corporation (NYSE:CVX) has decided to establish a conservation centre in the Niger delta.

Chevron Corporation (NYSE:CVX) To Build New Conversion Centre

In collaboration with the Nigerian Conservation Foundation (NCF), the US based Chevron Corporation (NYSE:CVX) is planning to establish a new conservation centre in the Niger Delta.

Alex Opene, Chevron Corporation (NYSE:CVX) Environment and Safety Manager said, “Responsible management of environmental issues was an integral part of the organization’s business. The company is committed to continuously partner with the NCF and other similar organizations in improving the environment.”

Chevron Corp. (NYSE:CVX) stocks were at 92.29 at the end of the last day’s trading. There’s been a -4.7% change in the stock price over the past 3 months.

Chevron Corp. (NYSE:CVX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.5
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.44
Zack’s Rank: 1 out of 19 in the industry

The Brazil government has suspended Chevron Corporation (NYSE:CVX)’s oil drilling rights after an offshore oil spill.

Chevron Corporation (NYSE:CVX) Banned From Brazil Drill

The Brazil government announced that it has suspended the oil drilling rights of Chevron Corporation (NYSE:CVX) after the Nov. 8 oil spill that caused 2,400 barrels of oil to leak into the ocean.

However, the company said it has not received any formal halting notice from the government agency ANP.

Chevron Corporation (NYSE:CVX) CEO in Brazil George Buck said, “The company acted as rapidly and safely as possible and used all resources to contain and stop the flow of oil from the well. We controlled the source in four days. We worked with transparency and cooperation with the authorities of Brazil. We have an ongoing investigation. We will share the lessons learned with the people of Brazil to ensure that this never happens here or anywhere else in the world”.

Chevron Corp. (NYSE:CVX) stocks were at 93.75 at the end of the last day’s trading. There’s been a -3.9% movement in the stock price over the past 3 months.

Chevron Corp. (NYSE:CVX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.5
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.44
Zack’s Rank: 1 out of 19 in the industry

Chevron Corporation (NYSE:CVX) has tested a propane agent for oil and gas separation from shale wells in Colorado.

Chevron Corporation (NYSE:CVX) Testing Oil And Gas Agent

As a part of the move to reduce the large amounts of water used to extract oil and natural gas, Chevron Corporation (NYSE:CVX) has tested propane as an agent for hydraulic fracturing of various shale gas wells in Colorado.

Chevron Corporation (NYSE:CVX) spokesman Russell Johnson said in an email, “This fall, Chevron tested the use of liquefied petroleum gas (LPG) as a fracturing agent in five natural gas wells in its Piceance Basin development in northwestern Colorado. We are now evaluating the test results to determine the potential usefulness of the technique.”

Chevron Corp. (NYSE:CVX) shares are currently standing at 96.42.

Price History
Last Price: 96.42
52 Week Low / High: 80.41 / 110.01
50 Day Moving Average: 99.89
6 Month Price Change %: -5.6%
12 Month Price Change %: 14.0%

Chevron Corporation (NYSE:CVX) has donated IT equipment to a science and technology university in Nigeria.

Chevron Corporation (NYSE:CVX) Stocking Nigerian University

The US based energy giant Chevron Corporation (NYSE:CVX) has awarded a wide range of IT equipment and software to Rivers State University of Science and Technology, including 104 workstations, four printers, two server workstations, multimedia equipment, seven AutoCAD software licenses and more.

The General Manager, Nigerian Content Development of the Chevron Corporation (NYSE:CVX) said, “Chevron Corporation (NYSE:CVX) had continued to live up its corporate social responsibility in its host communities. The items would help train the students to meet industry requirements on iCT related issues.”

Chevron Corp. (NYSE:CVX) stocks were at 97.88 at the end of the last day’s trading. There’s been a 4.9% change in the stock price over the past 3 months.

Chevron Corp. (NYSE:CVX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.53
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.44
Zack’s Rank: 1 out of 19 in the industry