BNET Industries
Last Fiscal Year Sales:$6.5B
- Private
- US
Dow Jones Description
At Chevron, we are relentlessly focused on producing safe, reliable energy now and for the future. By applying the energy we have most in abundance: human energy.
Number of Employees 6,615
Contact Information
2141 Rosecrans Ave Ste 4000
El Segundo, California 90245-4746
(310) 726-7600
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
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Mutual interests bind Chinese, U.S. economies
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Myanmar Pipeline Project Advances
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Globalization Challenges Facing China Inc.
News & Analysis
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finance and unocal corp. - All News and Analysis
Additional news...
* Cobalt International Energy LP, Houston, has been formed with $500 million from Carlyle/Riverstone and Goldman Sachs Capital Partners to focus on E&P in the deepwater Gulf of Mexico and abroad.Joseph H. Bryant is chairman and chief executive; Samuel H. Gillespie, vice chairman; and James H. Painter, executive vice president...
Chevron did not need Congress to buy Unocal
IN the end, good old capitalism prevailed when China's government- controlled CNOOC Ltd. withdrew its $18.4 billion bid for Unocal Corp., clearing the way for San Ramon-based Chevron to purchase Unocal for nearly $18 billion in a deal that was finalized Wednesday. While the amount Chevron pays...
Dow up as oil prices retreat, Nasdaq down
NEW YORK AFP — US stocks ended mixed with blue-chips benefiting from a retreat in oil prices but the tech-heavy Nasdaq slipping marginally from a four-year high. The Dow Jones Industrial Average closed 13.85 points (0.13 percent) higher at 10,697.59. But the Nasdaq composite, having hit the four-year high...
China condemns US political intransigence after failed CNOOC bid
BEIJING AFP — Chinese state media has condemned US political intransigence over oil group CNOOC's bid for Unocal, saying its opposition calls into question the free trade dogma Washington often trumpets to the world. "The high-profile takeover battle demonstrated to the world that the United States is not a...
Blue chips shine on earnings, new US data
NEW YORK AFP — Blue-chip shares added to early gains in New York, boosted by a pullback in the price of oil, positive income and factory data, and better-than-expected earnings from Comcast. The Dow Jones Industrial Average was up 55 points to 10,678 at midday and the tech-heavy Nasdaq...
US stocks hit four-year highs on earnings, economic news
NEW YORK AFP — US stocks advanced across the board with the Nasdaq hitting a four-year high following solid corporate earnings and new evidence that the US economy is in robust health, brokers said. The Dow Jones Industrial Average closed up 60.59 points (0.57 percent) at 10,683.74 and the...
China's CNOOC mulling what to do next in Unocal takeover bid
BEIJING, AFP — CNOOC is battling to keep alive its attempt to buy Unocal as worries mount that US political opposition might force it to withdraw its 18.5 billion dollar offer, reports said. The Financial Times, citing sources close to the deal, said the state-controlled Chinese company was likely...
USand UK views miles apart Chinese takeovers
LAST week's rumblings from politicians and former CIA operatives over a Chinese takeover bid for oil company Unocal only served to underline the widening gulf between British and American attitudes towards an open global market. On this side of the Atlantic, there was barely a whimper as the...
US lawmakers could nix Chinese oil takeover bid
WASHINGTON AFP — US lawmakers agreed the text of a legal measure that would delay any Chinese takeover of US oil firm Unocal Corp. by four months, a step that could jeopardize the bid, officials said. Members of the House of Representatives and Senate hammered out a compromise amendment...
US lawmakers aim to nix Chinese oil takeover bid
WASHINGTON AFP — US lawmakers set the stage to torpedo a takeover bid from communist China for US oil firm Unocal Corp. ahead of a pivotal shareholders' vote next month. Members of the House of Representatives and Senate added an amendment to an energy bill passing through Congress that...
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