Chevron News

Chevron's Q1 Earnings Plunge 36% to $3.5B Amid Legal and Tax Challenges

Chevron Corporation's Q1 2025 earnings report shows a flat revenue of $47.6 billion but a 36% drop in net income to $3.5 billion, due to legal and tax challenges. The company remai...

Chevron's Q1 Earnings Plunge 36% to $3.5B Amid Legal Reserves and Tax Impacts

Chevron Corporation reported a slight revenue drop to $47.6 billion in Q1 2025, with net income plunging 36% to $3.5 billion due to legal reserves and tax impacts. The company rema...

Chevron's Q1 Earnings Plunge 36% to $3.5B Amid Legal and Tax Challenges

Chevron Corporation's Q1 2025 earnings fell by 36% to $3.5 billion, impacted by legal and tax challenges, despite nearly flat revenue. The company remains optimistic about future g...

Chevron Announces Major Global Workforce Reduction to Save Up to $3 Billion

Chevron plans to reduce its global workforce by 15%-20% as part of a cost-saving strategy aiming to save up to $3 billion. The layoffs, starting this year and mostly completed by 2...

Chevron Announces Major Workforce Reduction: 15%-20% Global Layoffs to Save $3 Billion

Chevron plans to reduce its global workforce by 15%-20% as part of a cost-cutting strategy aiming to save up to $3 billion. The layoffs, announced by Vice Chairman Mark Nelson, are...

Chevron Engages White House Talks to Retain Venezuela Operations Amid Rising Tensions

Chevron Corp. plans discussions with the White House to retain its operations in Venezuela, aiming to protect its interests against increasing Chinese and Russian influence, amidst...

Chevron's Q4 Earnings Skyrocket: A 39% Surge in Net Income to $3.2B

Chevron Corp. reported a 39% surge in Q4 2024 net income to $3.2 billion, with revenue up by 10.6% to $52.2 billion. Despite a slight annual revenue increase, net income fell by 17...