NYSE: CVX

Renewable fuel company KiOR, Inc. has moved one step closer to producing biofuels for Chevron Corporation.

In the epic environmental damages lawsuit involving the Ecuadorian people versus Chevron (NYSE: CVX), an Ecuadorian court has ruled in favour of the plaintiffs and ordered Chevron to pay a US$8 billion fine for contaminating the country's rainforest.

Tens of thousands of Ecuadorian citizens have accused Chevron (NYSE: CVX) of committing the "world's worst oil-related disaster" in an environmental damages lawsuit they have filed against the energy giant.

Energy juggernaut, Chevron Corp. (NYSE: CVX) will continue to aggressively seek geothermal expansion in Indonesia.

Chevron's (NYSE: CVX) third quarter earnings not only fell below analyst's predictions, but also dropped this year.  A major determining factor for this less profitable quarter was the U.S.

Solazyme Inc., a South San Francisco, California company that produces non-food-based biofuel, green oils and clean chemicals, last month secured US$52 million in strategic financing.

Indonesia's geothermal capacity is getting prepped for an enormous increase.