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Tag: chevron
Activist shareholders urge Chevron to stop spending money on politics
2015-04-17 04:22:52| Oil & Gas - Topix.net
Activist shareholders are pushing Chevron to stop using corporate money to influence elections as part of a growing effort to raise awareness about money in politics after the oil giant spent an unprecedented $3 million last year to sway Richmond voters. On May 27, Chevron shareholders will decide on a series of proposals at their annual meeting, including three that deal specifically with disclosing charitable contributions, lobbying and funding political campaigns.
Tags: money
stop
politics
spending
Beach Energy shares decline as Chevron abandons shale venture
2015-03-30 13:54:38| Energy - Topix.net
Beach Energy shares dropped as much as 5.6 per cent in early trading after Chevron abandoned its $349 million unconventional exploration venture in the Cooper Basin, leaving Beach to find an alternative partner at a time of reduced spending. The shares in Beach, whose largest shareholder is Seven Group Holdings, slid 6c to $1.02 shortly after the market opened.
Tags: energy
beach
shares
decline
Beach Energy shares decline as Chevron abandons shale venture
2015-03-30 06:03:57| Oil & Gas - Topix.net
Beach Energy shares dropped as much as 5.6 per cent in early trading after Chevron abandoned its $349 million unconventional exploration venture in the Cooper Basin, leaving Beach to find an alternative partner at a time of reduced spending. The shares in Beach, whose largest shareholder is Seven Group Holdings, slid 6c to $1.02 shortly after the market opened.
Tags: energy
beach
shares
decline
Chevron Concludes Sale Of Interest In Caltex Australia Ltd
2015-03-30 02:40:48| chemicalonline Home Page
Chevron Corporation recently announced that its wholly owned subsidiary Chevron Global Energy Inc. has completed the sell down of its 135 million shares in Caltex Australia Limited (CAL) at a share price of AUD$35.00. Chevron will receive the cash proceeds upon settlement on April 2, and reflect the gain in second quarter 2015 results
Tags: ltd
sale
interest
australia
Caltex eyes franking credits as Chevron exits
2015-03-30 01:22:52| Energy - Topix.net
Chevron's decision to sell its 50 per cent stake in Caltex Australia will make it easier for the local fuel supplier to release franking credits to shareholders, Caltex chief financial officer Simon Hepworth says. Speaking after the $4.6 billion block sale, Caltex management sought to assure investors that the company's broader business strategy would be unchanged, despite the departure of its US-domiciled major shareholder, which has held its stake for 40 years.
Tags: eyes
credits
exits
chevron
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