Chevr Chevron News Today

Chevr chevron, halliburton, ibm, but those megacorporations paid no taxes last year. theres nearly 100 companies to pay an effective tax rate of zero for 2018. thats according to a new report from the institute of taxation and economic policy. 2018 is the first year followed the big tax cuts championed by president trump. among those fortune 500 firms, 379 paid an effective income tax rate of just over 11%. 11% of the 2018 income. thats about half the statutory tax rate of 21%. well be right bac...

As we count down to the presidents big prime-time address on the oil disaster in the gulf, we continue our week-long look at the search for new energy. right now executives from the five big oil companies are in front of congress explaining what theyre doing to make sure another oil disaster doesnt happen. chevr chevrons executive says he thinks deep-water drilling can be done safely. shells president also talked about the tfuture of energy. >> at shell we believe the population and economic gro...

Five major oil company executives were hauled in today to talk about their practices. they turned on bp and said this didnt have to happen. >> chevron will accept any new standard and adopt new standards that it doesnt already apply. now we must restore the countrys confidence in deep-water drilling. i believe the independent investigation will show that this tragedy was, indeed, preventable. >> and president obama plans to meet with bp executives tomorrow right after his big primetime address i...