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Stock impact report

Chevron Paid More to African Petrostates Than to the US in 2023 [Yahoo! Finance]

Chevron Corporation (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Chevron revealed the figures for the first time in a filing today under Section 1504 of the Dodd Frank Act, which was finalized in 2020 and had a publication deadline of this week. Australia, where Chevron operates giant liquefied natural gas operations, topped the tax list, receiving $3.98 billion. Chevron's US tax and royalty bill was $1.99 billion despite the company producing more oil and gas in the nation than anywhere else. Advocates for tax transparency have been calling for US oil companies to reveal their payments to host country governments for many years, arguing the disclosure is essential to avoiding corruption. “Chevron complies with all legal and contractual requirements in jurisdictions where the company operates,” company spokesman Bill Turenne said in an emailed statement. “Chevron supports well-designed financial disclosure requirements and will continue to work with relevant government agencies toward transparency and accountabilit Show less Read more
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