tradingkey.logo

Oil producer Chevron uses term 'Gulf of America' after Trump renaming order

ReutersJan 31, 2025 1:36 PM

By Sheila Dang

- U.S. oil producer Chevron CVX.N used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S. President Donald Trump's order to rename the ocean basin.

The name change was part of a flurry of executive orders Trump issued shortly after taking office this month. Google Maps will change the name once it is officially updated in the U.S. Geographic Names System, though it will only be visible in the U.S., Google said on Monday.

Mexican President Claudia Sheinbaum said on Thursday that Google was wrong to change the name.

U.S. oil company Hess HES.N and UK-based Shell SHEL.L both stuck with the name Gulf of Mexico in their fourth-quarter earnings releases. Exxon Mobil XOM.N did not mention the gulf in its results materials on Friday.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI