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) announced that Thomas W. Horton joined its Board of Directors as an Independent Director and was appointed to the Board Audit Committee effective January 27, 2026.
Horton, 64, is a partner at Global Infrastructure Partners and a former senior advisor at Warburg Pincus. He previously served as chairman, CEO and president of American Airlines and helped lead its 2015 combination with USAirways. Horton currently holds board seats at Walmart and GE Aerospace and has prior board experience with Qualcomm and Enlink Midstream.
Chevron (NYSE: CVX) and Leviathan working interest owners have taken a Final Investment Decision to expand the Leviathan production platform offshore Israel. The project will drill three additional offshore wells, add subsea infrastructure, and upgrade treatment facilities to raise total gas delivery to about 21 billion cubic meters (BCM) annually. The platform is ~10 km offshore Dor, Israel, and working interests are Chevron 39.66%, NewMed Energy 45.34%, and Ratio Energies 15%. The expansion is expected to come online towards the end of this decade and aims to supply gas to Israel, Egypt and Jordan.
Chevron (NYSE: CVX) will hold its 4Q 2025 earnings conference call on Friday, January 30, 2026 at 11:00 a.m. ET / 10:00 a.m. CT. Management participants include Mike Wirth (Chairman & CEO), Eimear Bonner (CFO) and Jake Spiering (Head of Investor Relations).
Listen-only dial-in: 800-918-2066 with Conference ID 1407833. A live webcast and replay will be available at www.chevron.com under Investors.
Chevron (NYSE: CVX) announced an organic 2026 capital expenditure budget of $18.0–$19.0 billion, at the low end of its long-term $18–$21 billion guidance range, plus $1.3–$1.7 billion of affiliate capex. Upstream capex is expected to be about $16.7–$17.3 billion with nearly $6.0 billion for U.S. shale and tight assets and anticipated U.S. production of more than 2.0 million barrels oil-equivalent/day. Global offshore capex is ~$7.0 billion supporting Guyana, Eastern Mediterranean and Gulf of America. Total U.S. spend is ~$10.5 billion. About $1.0 billion is dedicated to lowering carbon intensity and new energies; capitalized interest of ~$0.4 billion is included in upstream spend.
Chevron (NYSE: CVX) outlined a five-year plan to 2030 at its Investor Day on November 12, 2025, targeting sustained cash flow and shareholder returns.
Key metrics include adjusted free cash flow and EPS growth >10% annually at $70 Brent, reduced capital spending guidance of $18–$21 billion per year, capex/dividend breakeven below $50 Brent through 2030, and expected share repurchases of $10–$20 billion per year through 2030 at $60–$80 Brent. Chevron also targets ROCE +3% by 2030 at $70 Brent, Hess synergies of $1.5B, structural cost reductions of $3–$4B by end‑2026, 2–3% annual production growth, and first AI data‑center power project first power in 2027.
Chevron (NYSE: CVX) announced the appointment of Amit R. Ghai as Controller, effective March 1, 2026, succeeding Alana K. Knowles, who is expected to retire in April 2026 after 38 years with the company.
Ghai will lead accounting policy, corporate and external financial reporting, internal controls, global business services and digital finance, and will report to Eimear Bonner, vice president and chief financial officer. Ghai joined Chevron in 2004 and began his industry career in 1996; he currently serves as assistant controller and secretary to the Board Audit Committee.
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Arkestro announced an expanded deployment of its predictive procurement platform across Chevron (NYSE: CVX) global teams, extending from the U.S. to Buenos Aires, Angola, the Philippines, Australia, and Thailand on Oct 15, 2025. The platform aims to speed supplier cycles, reduce sourcing cost volatility and increase spend visibility.
Arkestro cites oil and gas customers achieving >20% price reductions versus last best price, running 3x more sourcing events, and realizing cost savings within 60 days. The company recently secured a $36M strategic investment led by Altira Group and Aramco Ventures.
Chevron (NYSE: CVX) named Kevin McLachlan as Vice President of Exploration effective November 1, 2025. McLachlan will lead Chevron’s worldwide exploration program from Houston and succeeds Liz Schwarze, who will retire in February 2026 after 36 years with the company. McLachlan’s background includes senior roles at TotalEnergies, Murphy Oil, Nexen and ExxonMobil and experience in international exploration, development, production and carbon capture and storage (CCS). Chevron reiterated its strategy to grow oil and gas while lowering carbon intensity and expanding new businesses.
Chevron (NYSE: CVX) will hold its 3Q 2025 earnings conference call on Friday, October 31, 2025 at 11:00 a.m. ET / 10:00 a.m. CT. The live dial-in (listen-only) is 888-256-9157 with Conference ID 5158291. Speakers include Mike Wirth (Chairman & CEO), Eimear Bonner (VP & CFO) and Jake Spiering (Head of IR).
Investors can access the live webcast and meeting replay at www.chevron.com under the Investors section. Media contact: Ross Allen, +1 (713) 372-6497. Source: BusinessWire.