Photo of the logo for Chevron on the floor of the New York Stock Exchange

Stirring in the Oil Patch, Chevron Buys Noble for $5 Billion

NEW YORK — Chevron will take over Noble Energy for $5 billion in the first big deal announced since the coronavirus pandemic shook the energy sector. Chevron has been shopping for assets since last year and with crude prices down more than 30% this year, it...
Photo of the logo for Chevron on the floor of the New York Stock Exchange

Chevron Will Write Down Assets by at Least $10 Billion

SAN RAMON — Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets. More than half the write-down is related to gas drilling operations in Appalachi...
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Chevron Fined $2.7M for Kern County Oil Leaks

BAKERSFIELD  — California regulators have fined Chevron $2.7 million for violations at a facility in Kern County where there have been multiple oil leaks. The Department of Conservation’s Division of Oil, Gas and Geothermal Resources said Wednes...
Photo of Kern County oil spill

Chevron Ordered to Halt Oil Spill in Kern County

SAN FRANCISCO — California regulators say Chevron has not done enough to stop a massive oil spill that dumped about 800,000 gallons of crude oil and water into a Kern County canyon, and they want the company to...
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$9 For Gallon of Gas in California? Don’t Believe It.

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked these out. Here are the real facts: CLAIM: Regular gas co...