Wednesday, April 7, 2010 as of 11:14 AM ET
Chevron Corporation () is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries.
Read More at Wikipedia ›A shareholder group led by New York State Comptroller Thomas P.
DiNapoli is urging Chevron Corp. (CVX) to settle a nearly 20-year legal battle pitting the multinational corporation against indigenous people in the Ecuadorian rainforest.Chevron's continued efforts to fight an Ecuadorian court's judgement awarding $18 billion in damages related to the dumping of oil waste in the rainforest are hurting the indigenous people of Ecuador as well as its own reputation, DiNapoli said in a statement.The case dates back to Texaco's operations in Ecuador, which began in 1964. A lawsuit against Chevron was brought by a group of Ecuadorians in 2003, two years after the company bought Texaco. The suit alleged that Texaco had dumped millions of gallons of oil waste products into the Ecuadorian rainforest, and spilled millions of gallons of oil.The comptroller is trustee of the $150.3 billion New York State Common Retirement Fund, which owns 7.24 million shares of Chevron, worth around $713 million. H...PTT Exploration & Production PCL (PTTEP.TH) said Wednesday it and Cove Energy PLC (COV.LN) have agreed on the terms of a recommended cash offer to be made by the Tha...
The usually docile shareholders of Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) are likely to make their voices heard this year on the risks of tapping oil and ga...
A group of hackers claiming to be aligned with Anonymous is planning to bring down the websites of 46 major companies around the world on Friday, including Bank of A...
License renewals for Chevron Corp. (CVX) and Royal Dutch Shell PLC (RDSA) to conduct onshore oil exploration in Nigeria are expected to be approved by June, the coun...
FBN’s Sandra Smith with the big tech names that are helping the Nasdaq make gains Monday.
Energy stocks moved up in early action on Monday. Energy stocks in the S&P 500 rose 1%, on average. Nabors Industries moved up by 3.5%. EOG Resources rose 2%. Denbur...
There are no indications of an oil spill at a site off the coast of Espirito Santo state, Brazil's navy and the National Petroleum Agency, or ANP, said Thursday afte...
There are no indications of an oil spill at a site off the coast of Espirito Santo state, Brazil's navy and the National Petroleum Agency, or ANP, said Thursday afte...
Rochdale Securities bank analyst Dick Bove argues journalists and politicians are out to destroy J.P. Morgan.
The Brazilian Navy confirmed Thursday that an oil slick has been spotted off the coast of Espirito Santo state, with a team still on site trying to determine the sou...
Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Thursday that it was possible although unlikely the Frade oil field opera...
FBN's Nicole Petallides breaks down stocks moving the markets.
Energy stocks contained in the S&P 500 rose 0.7%, on average, in early trades on Friday. Chesapeake Energy Corp. moved up 2.5%, rising for the second day after it sa...
Energy stocks lost ground in early action on Thursday. Among the decliners, Cabot Oil & Gas dipped 1.5% and Chesapeake Energy Corp. fell about 1.9%. Energy stocks co...
Statoil ASA (STO) is the latest company to look to send North Sea oil to South Korea in June as part of an increasingly common trade that until last year was virtual...
FBN’s Nicole Petallides on the Dow posting its biggest intraday point swing in five weeks.
More North Sea crude is set to head to Asia in June, shipbrokers told Dow Jones Newswires Wednesday, continuing a trend that has helped prop up the price of oil in t...
PTT Exploration & Production PCL (PTTEP.TH) said Wednesday it and Cove Energy PLC (COV.LN) have agreed on the terms of a recommended cash offer to be made by the Tha...
More North Sea crude is set to head to Asia in June, shipbrokers told Dow Jones Newswires Wednesday, continuing a trend that has helped prop up the price of oil in t...