Chevron Agrees To Lend $2B To Joint Venture With Venezuela State Oil CompanyChevron Corp. has agreed to lend $2 billion to a joint venture with Venezuela's state oil company in an effort to boost production in an oil field in western Zulia state.
Democrats Lose Supermajority In State Senate As Sen. Rubio ResignsA Democratic state senator from the Central Valley has resigned unexpectedly, dropping Democrats below the two-thirds threshold they need to pass tax changes or override vetoes.
Brazil To File Charges Against Chevron ExecutivesBrazilian prosecutors said Saturday they will file criminal charges against 17 executives of Chevron Corp. and drilling contractor Transocean Ltd. for a new oil leak near the offshore well where at least 110,000 gallons (about 416,000 liters) spilled late last year.
Chevron's Q3 Profits Soar On Oil Price JumpChevron Corp.’s quarterly profit more than doubled as a jump in oil prices made up for declining production.