Chevron Global Energy Inc. completed the sale of 135 million shares in Caltex Australia Ltd. (ASX: CTX.AX, OTC: CTXAF), parent Chevron Corp. (NYSE: CVX) said March 29.
The shares were priced at AU$35 each, and proceeds will be $135,000,035.
San Ramon, Calif.-based Chevron will receive the cash proceeds upon settlement on April 2, and reflect the gain in second-quarter 2015 results.
Recommended Reading
Summit Carbon Solutions, POET Partner on CCS Project
2024-02-07 - The partnership will incorporate POET’s 12 facilities in Iowa and five facilities in South Dakota into Summit’s carbon capture and storage project.
Kraft Heinz, Carlton Power Partner to Develop Green Hydrogen Plant
2024-02-05 - Located at Kraft Heinz’s Kitt Green manufacturing plant in Wigan, Greater Manchester, the proposed $50.1 million plant will have a 20-megawatt capacity.
TotalEnergies to Develop Three Offshore Wind Projects
2024-01-23 - TotalEnergies is developing large scale projects in Sweden, Finland and Denmark, with 405 MW of offshore wind power under development in Denmark.
EDP Renewables’ Sharp Hills Wind Farm Commences Operations
2024-01-23 - The Sharp Hills Wind Farm in Alberta, Canada, is EDP Renewables’ largest single-phase wind farm development in North America.
Expro Lands CCUS Contract for Hydrogen Project in Japan
2024-01-23 - Expro’s work scope includes tubular running services for multiple sections of casing, liner and tubing, covering one production well, one injection well and one monitoring, the company says.