Contempt-of-court lawyer in $9.5 billion Chevron environmental lawsuit has appeal to the Supreme Court denied.

A disbarred lawyer who won a $9.5 billion judgment against Chevron in an environmental case in Ecuador was jailed for contempt of court on Monday, but the Supreme Court declined to hear his appeal.

Lawyer Steven Donziger got six months behind bars for ignoring a judge's order to han...

As revenues grow, ExxonMobil and Chevron pour cash at investors

Both corporations have avoided having to boost their capital investment to fund drilling and development.

Despite reduced oil and natural gas volumes, ExxonMobil and Chevron declared record earnings on Friday, returning billions of dollars to shareholders following record crude prices a...

Why do oil companies ever lose money if they control the price of oil

One thing is certain: oil prices remain over $100 per barrel. Oil firms will make a lot of money. However, there are many misunderstandings concerning the relationship between high oil prices and big profitability.

After years of studying both the public and our political leaders' r...

Chevron's Myanmar gas field is taken over by a Thai company, Total

Following the withdrawal of global heavyweights Chevron and TotalEnergies in January, Thai energy company PTT Exploration and Production (PTTEP) has declared it will manage the operation of Myanmar's crucial Yadana gas field.

Following mounting international pressure from human righ...

Chevron (CVX) reports $20 billion in equity, exploratory budget; see $10-$11 billion in Q4 impairment charges in Part Because of the shale of Appalachia

Today, Chevron Corporation (NYSE: CVX) reported a $20 billion plan of organic capital and exploratory investment in 2020. The 2020 plan supports a diverse portfolio of upstream and downstream projects, demonstrated by the world-class position of Chevron's Permian Basin, TCO's largest cons...

Small 41 million dollars quarterly income amid falling revenues and a market surroundings

The Woodlands-primarily based petrochemical firm Huntsman corp. stated Friday it published a small $41 million quarterly income amid falling revenues and a market surroundings with depressed chemical substances costs worldwide.

Huntsman's profit compares to an $8 million loss at som...