Chevron settles with state for $5.2M (Albuquerque Business First)
Chevron Corporation (NYSE:CVX) will pay New Mexico $5.2 million under the terms of a new settlement to reimburse the state for payments the company improperly obtained from the state. The company was paid from the New Mexico Corrective Action Fund, which is administered by the Environment Department’s Petroleum Storage Tank Bureau, to clean up sites contaminated by leaking petroleum storage tanks. “This settlement ensures that taxpayer dollars are used properly and for important projects, such as cleaning up the environmental harm caused by leaking petroleum storage tanks,” Gov. Susana Martinez said. “I applaud the efforts of the Environment Department to work with our state partners to obtain this important settlement agreement.”
Cheniere Energy Target of Unusually High Options Trading (LNG) (Zolmax)
Shares of Cheniere Energy, Inc. (NYSEMKT:LNG) saw some unusual options trading activity on Thursday. Investors acquired 34,619 call options on the stock, StockRatingsNetwork.com reports. This is an increase of approximately 286% compared to the average daily volume of 8,974 call options. In other Cheniere Energy, Inc. (NYSEMKT:LNG) news, CEO Charif Souki unloaded 30,000 shares of the stock on the open market in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $28.35, for a total value of $850,500.00. Following the completion of the sale, the chief executive officer now directly owns 7,307,920 shares in the company. The sale was disclosed in a document filed with the Securities & Exchange Commission.
Chevron Houston donates $200,000 check for Humble ISD’s JASON Project (Your Houston News)
Connecting Humble Independent School District middle schoolers with scientists and researchers, both physically and virtually, is just one way the district is bringing more Science, Technology, Engineering and Math to their students. Through the JASON project, they focus on providing more STEM-focuses academics and connecting the students with scientists and researchers to provide mentored, authentic and enriching science learning experiences. Chevron Corporation (NYSE:CVX) Houston presented Humble ISD with a $200,000 check at their Sept. 10 board meeting for the program to become a reality for the district.
Clean Energy Fuels CEO Andrew Littlefair Will Keynote CleanTechOC 2013 Conference & Expo (Marketwire)
CleanTechOC, a trade association created to promote the Orange County clean technology industry, today announced that Andrew Littlefair, President and CEO of Clean Energy Fuels Corp (NASDAQ:CLNE), will serve as the keynote speaker at the association’s fourth annual conference and expo held September 16, 2013 at the Hyatt Regency in Irvine. Littlefair leads Clean Energy Fuels, the largest provider of vehicular natural gas in North America. He previously served as Chairman of NGVAmerica, a national organization dedicated to the development of a growing, sustainable, and profitable market for vehicles powered by natural gas.
Chevron Corrupted Witnesses In $19B RICO Row, Judge Told (Law360)
Defendants in Chevron Corporation (NYSE:CVX)’s lawsuit over a $19 billion Ecuadorean pollution judgment urged the court Thursday to impose terminating sanctions against Chevron, saying the company repeatedly tried to corrupt witness testimony by compensating for cooperation and attempting to offer a $1 million bribe to a sentencing judge. The motion for sanctions comes just two days after a New York federal judge overseeing the case rejected Chevron Corporation (NYSE:CVX)’s bid to split the case into two phases, saying the move would create unnecessary redundancy.