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Stock impact report

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

Chevron Corporation (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
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. European and Australian commodity producers have been publishing their payments for several years, but their US counterparts lobbied the Securities and Exchange Commission against such a rule. “Civil society is really excited to see disclosure after 15 years of intense fighting and lobbying by the US oil and gas industry,” said Au Show less Read more
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