Welcome to our dedicated page for Chevron news (Ticker: CVX), a resource for investors and traders seeking the latest updates and insights on Chevron stock.
Chevron Corporation reports news across its integrated energy operations, including crude oil and natural gas production, refining, transportation fuels, lubricants, petrochemicals, additives, and energy technologies. Company updates commonly cover quarterly earnings, cash flow, shareholder returns, upstream production volumes, downstream refining throughput, commodity-price effects, legal reserves, and operating conditions across its global asset base.
Chevron news also reflects governance and capital-structure topics, material agreements, and strategy around growing oil and gas, lowering the carbon intensity of operations, and developing new energies businesses.
Chevron (NYSE:CVX), through Chevron Products Company, announced an expansion of its North American base oils distribution network via new and revised agreements with HF Sinclair Lubricants & Specialties and Renkert Oil. Effective May 1, 2027, HF Sinclair becomes Chevron's exclusive distributor of Group II base oils in Canada and its existing U.S. territories, with additional non-exclusive rights in select U.S. regions. Renkert Oil will continue distributing specified process oils and base oils across the U.S., Canada and Europe, maintaining broad coverage and technical support for lubricant and process oil customers.
Chevron (NYSE: CVX) reported second quarter 2026 earnings of $12.1 billion ($6.11 diluted EPS) and adjusted earnings of $12.0 billion ($6.06 diluted EPS). Return on capital employed was 21.4%, and cash flow from operations reached $22.6 billion, with free cash flow of $18.1 billion.
Net oil‑equivalent production averaged 4,070 MBOED, up 20% year over year, driven by legacy Hess assets and growth in the Permian Basin and Gulf of America. U.S. refinery crude unit inputs hit a record 1.07 million barrels per day with 97% utilization. Chevron reduced total debt by a record $8.4 billion, achieved $1.5 billion of Hess-related annual run-rate synergies and $3 billion of structural cost reductions since 2024. The company signed a 20‑year agreement to supply 2.67 gigawatts of behind‑the‑meter power to a Microsoft data center in West Texas and declared a quarterly dividend of $1.78 per share, payable September 10, 2026.
Ranger Energy Services (NYSE: RNGR) has signed a contract with Hess Corporation, a wholly owned subsidiary of Chevron (NYSE: CVX), to deploy three additional ECHO hybrid workover rigs in the Lower 48 United States. The ECHO is described as the industry’s first Hybrid Double Electric Workover Rig and part of Ranger’s broader fleet electrification efforts. The rigs, equipped with winterization packages and expected to operate in the Bakken, are scheduled for delivery to Chevron in 2027, bringing Ranger’s active ECHO rig fleet to an expected total of twenty rigs by the end of 2027.
Chevron (NYSE:CVX) and ZL Chemicals announced a technology licensing agreement on July 8, 2026, allowing ZL to commercialize Chevron-developed chemical surfactant technology under the Vantis™ brand.
The Vantis offering targets shale and tight reservoirs, supporting enhanced oil recovery and new well optimization, combining Chevron’s technology expertise with ZL’s commercial reach.
Chevron (NYSE:CVX) will host its 2Q 2026 earnings conference call and webcast on Friday, July 31, 2026 at 11:00 a.m. ET (10:00 a.m. CT).
Investors can listen via phone in listen-only mode or access a live and replay webcast through Chevron’s investor section online.
Joulent, a technology-driven energy company, announced a $1.75 billion strategic minority investment from National Grid Ventures to accelerate its multi-gigawatt U.S. power infrastructure platform focused on AI and advanced industry.
The deal supports project execution, including a 50% stake in Project Kilby, a 2.67 GW plant serving a Microsoft-operated data center under a 20-year PPA.
Chevron (NYSE: CVX) issued a corrected announcement highlighting its newly reformulated Chevron with Techron fuel and expanded Chevron Rewards promotions tied to America's 250th anniversary.
New members joining June 30–September 30 can save $1/gal for up to 5 fill-ups, while existing members receive bonus points for qualifying summer purchases.
Chevron (NYSE: CVX) is promoting newly reformulated Chevron with Techron for summer 2026 road trips and everyday driving. The fuel is described as cleaning up to 100% of harmful engine deposits* and is included in every Chevron gasoline grade.
Chevron is also offering summer Chevron Rewards fuel savings. New members who join between June 30 and September 30 can get $1 off per gallon for up to 5 fill-ups. Existing members can earn 2,500 bonus points on qualifying fill-ups from June 30 to July 5.
Texas Pacific Land (NYSE: TPL) announced an agreement with Chevron (NYSE: CVX) for Chevron’s Project Kilby, a large-scale power facility supporting a data center in Reeves County, Texas.
TPL contributed surface acreage for cash and gained exclusive rights to supply aquifer-derived brackish water for the project.
Chevron (NYSE: CVX) and Microsoft (NASDAQ: MSFT) signed a 20-year power purchase agreement for a West Texas data center, supported by the 2.67 GW Project Kilby. Most capacity will use GE Vernova turbines, with additional generation from Solar Turbines, a wholly owned subsidiary of Caterpillar (NYSE: CAT).
Kilby targets mid-teen returns, first power in 2028, diversified cash flow less tied to oil and gas prices, and is expected to support nearly 2,000 jobs and over $10 billion in projected state and local tax revenue.