This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Chevron Increases Support For HIV Prevention In Niger Delta

Stocks in this article: CVX

Chevron Corporation (NYSE:CVX) announced today that it is increasing its support to programs in Nigeria that prevent mother-to-child transmission of HIV (PROMOT), building on initial success in the heart of the Niger Delta. Chevron is committing an additional $1.7 million to the PROMOT Project- sponsored by the nonprofit Pact- to extend the program throughout Bayelsa, the Nigerian state with the third-highest HIV prevalence rate in the country, with the goal of increasing awareness and services that support pregnant women who are HIV positive.

Chevron’s additional commitment raises its 5-year investment in the PROMOT Project to $5.3 million.

Chevron’s partnership with Pact began in 2012, and is part of a larger, multi-organization, $20 million United Nations millennium goal commitment to halt and reverse the spread of HIV/AIDS by 2015. Since then, the partnership in Bayelsa state has achieved several important results, including reaching more than 6,500 people with critical HIV/AIDS awareness and prevention information, testing more than 7,000 women during prenatal care, and arranging for HIV counseling for nearly 700 people.

“Chevron is proud to expand our partnership with Pact to support impactful initiatives like PROMOT,” said Rhonda Zygocki, executive vice president, Policy and Planning for Chevron Corporation. “This is a proven model that we’re motivated to expand as we work together to deliver real, measurable results in the effort to end mother-to-child transmission of HIV.”

“We are committed to working with local community based organizations to strengthen their collective capacity to provide critical health services to mothers,” said John Whalen, president of Pact Institute. “Capacity development is at the heart of our work because we believe that empowering communities to create and implement their own solutions is what makes development sustainable.”

Chevron has been at the forefront of the fight against AIDS since 1986 when it joined other U.S. companies to promote education and reduce the stigma surrounding AIDS in the workplace. In the 1990s, Chevron expanded efforts internationally and in 2005 was the first energy company to institute a global HIV and AIDS policy supporting employees and their families. In 2013, Chevron announced that it will commit an additional $5 million to The Global Fund to Fight AIDS, Tuberculosis and Malaria. This commitment raises Chevron's 8-year investment in The Global Fund to $60 million, making the company the single largest private sector partner to the organization. More information on Chevron’s fight against AIDS can be found here.

Chevron is one of the world's leading integrated energy companies, with subsidiaries that conduct business worldwide. The company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs