Shareholders failed to pass a resolution that would have required Chevron to issue a report on the environmental effects of hydraulic fracturing after it gained only 41% of the vote. Fracking can be done in a way that protects the environment, Chevron said in opposing the resolution. "We look forward to working with the industry to raise environmental standards across the industry," said Kurt Glaubitz, a spokesman for Chevron.

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Nasdaq.com, Reuters

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