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Chevron

Video

Video: Chevron chief exec impresses with Eagle shot

The chief executive of oil major Chevron made the “shot of the day” at a recent golf tournament in California. The talented golfer impressed fellow amateur golfers at the AT&T Pebble Beach Pro-Am earlier this month. His shot scored a two-under-par on the 18th hole at Pebble Beach. Watch the video below.

Markets

Chevron posts first losses since 2002

Chevron Corp. lost money for the first time in more than 13 years as a collapse in prices for the global oil explorer’s main product forced it to write down the value of crude and natural gas fields. Shares fell. The fourth-quarter net loss was $588 million, or 31 cents a share, compared with profit of $3.5 billion, or $1.85, a year earlier, the San Ramon, California-based company said in a statement on Friday. The per-share result was worse than any of the 22 analysts in a Bloomberg survey whose estimates ranged from gains of 29 cents to 63 cents.