Articles on Chevron

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Sometimes corporations yield when facing pressure from their shareholders – even when it’s indirect. alexsl/iStock via Getty Images Plus

When shareholder activists attack a company, its rivals may feel the heat too and change their ways

When companies are hit by activists, managers of competitors may fear that their company’s reputation would suffer if their turn comes next.
A Chevron refinery in El Segundo, Calif., burns on Oct. 3, 2025. Allen J. Schaben/Los Angeles Times via Getty Images

Refinery fires, other chemical disasters may no longer get safety investigations

Because of the federal government shutdown and proposed budget, key federal investigations may stop, including into what happened at a Chevron refinery in California in October 2025.
Indonesia has decided that state-owned oil and gas firm Pertamina will take over the Rokan block, in Riau, from Chevron when the US energy firm’s operating contract expires in 2021. www.shutterstock.com

Pertamina gets Rokan oil block from Chevron. What does this tell us?

The recent Rokan block deal signals a shift to a more nationalist agenda, but Indonesia’s government is still pursuing other more outward-looking economic policies.
If Australia adopted a similar approach to the Hong Kong to eliminate debt loading abuse, United States oil and gas giant Chevron would have been denied A$6.275 billion in interest deductions. Ray Strange/AAP

Chevron is just the start: modelling shows how many billions in revenue the government is missing out on

New modelling shows governments need to ensure that corporations benefiting from the use of Australia’s resources, are contributing the same as they do in other jurisdictions.

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