165 articles
US oil major Chevron expects fourth-quarter upstream production to fall by 175,000 to 225,000 barrels per day due to planned turnarounds, potentially reducing downstream earnings by up to $500 million
Chevron reported Q3 earnings of $10.4 billion, beating estimates due to soaring refining margins linked to geopolitical conflicts. Record crude throughput and improved Venezuela operations doubled fre
Chevron reported third-quarter net income of $5.28 per share, surpassing analyst estimates due to record refining profits and surging global fuel prices. The company plans to increase production in Ve
Oil prices rose after Houthi attacks on Saudi refineries sparked supply fears, pushing Brent and WTI futures up over 0.7%. Security concerns led ExxonMobil and Chevron to cancel executive travel to a
Bangladesh plans to sign deals for additional US liquefied natural gas amid regional fuel shortages, potentially worth $10 billion annually. Major energy firms including Chevron and Centalion Group ar
ExxonMobil and Chevron canceled plans to attend the ADIPEC oil conference in Abu Dhabi amid heightened security concerns in the Middle East.
US oil majors ExxonMobil and Chevron have cancelled executive attendance at the UAE's ADIPEC energy show citing security concerns amid rising US-Iran tensions. While other industry leaders remain sche
Indian state-owned LPG importers are expected to award a 2.75 million metric ton term tender for 2027 to ADNOC Trading, TotalEnergies, and Chevron following a dozen bids.
Chevron plans to invest $13.8 billion to triple oil production in Argentina's Vaca Muerta formation by 2035. New drilling rigs and favorable government reforms aim to replicate the US Permian Basin bo
Oil and gas stocks rally on high crude prices amid Middle East tensions, though traders anticipate a pullback ahead of major earnings reports from ExxonMobil and Chevron. Analysts warn aggressive fore
Devon Energy faces activist pressure to divest assets or sell following its Coterra merger. Analysts identify five potential suitors including Diamondback, ConocoPhillips, Chevron, EOG Resources, and
Chevron is marketing mature US Gulf assets like Petronius and Tubular Bells to prioritize high-growth projects, potentially raising $1 billion amid strong buyer interest driven by elevated oil prices.
Venezuela aims to secure nearly $76 billion in oil and gas investment over five years to revive production, per Acting President Delcy Rodríguez. Major firms like Chevron are involved, though infrastr
Equatorial Guinea plans to pass a new hydrocarbon law to boost oil exploration and halt steep production declines. The government seeks to attract investment from companies like Chevron while reversin
US Gulf producers halted 1.5 million barrels daily of oil and 1.3 billion cubic feet of gas as Hurricane Isaias approaches. Major firms including BP and Chevron evacuated platforms, disrupting nearly
Oil prices surged 5% to $105.3 per barrel amid escalating Middle East tensions and Hurricane Isaias disrupting Gulf of Mexico production. Shell and Chevron halted operations, raising inflation concern
Shell and Chevron are curtailing offshore Gulf of Mexico operations and evacuating personnel as Tropical Storm Isaias approaches, with specific assets like Mars and Olympus being shut in ahead of the
Hurricane Isaias threatens US Gulf Coast oil and gas assets as it strengthens to a Category 2 storm. Chevron is evacuating personnel while nearly 10% of regional oil production remains shut in ahead o
Chevron is transporting non-essential personnel from Gulf of Mexico offshore platforms as a tropical storm approaches the US coast, though production levels remain normal.
Chevron signed agreements with Hess Midstream to restructure Bakken midstream contracts and establish new contracts in the DJ Basin, divesting certain ownership interests in crude midstream assets.
Chevron CEO Mike Wirth warned that US diesel export bans could raise domestic prices and strain alliances, though President Trump rejected the proposal. He also highlighted growing global oil demand a
Chevron CEO Mike Wirth stated that oil and gas market fundamentals are tightening with supply buffers thinning amid the Middle East conflict. He highlighted increased fragility in the energy system an
Chevron appointed New Energies president Jeff Gustavson as CFO, replacing Eimear Bonner who will oversee oil, gas, and refining operations. Both executives are viewed as potential successors to CEO Mi
Chevron CFO Eimear Bonner will become president of its oil, products and gas business, succeeded by Jeff Gustavson as CFO effective January 1, as part of broader leadership changes ahead of CEO succes
Chevron will begin seismic research in Greek offshore blocks by year-end after securing stakes and leases, serving as the preliminary step before potential hydrocarbon test drilling.
Chevron intends to expand its LNG portfolio in Argentina, the Mediterranean, Africa, and Australia to address supply security concerns arising from Middle East conflicts. This strategy aims to diversi
Former Chevron executive Ali Moshiri claims Venezuela’s PDVSA is delaying his $2 billion investment proposal despite US policy support. Meanwhile, Chevron plans to double its Venezuelan output as Mosh
Continental Resources, led by Harold Hamm, plans to announce an investment deal in Venezuela's oil sector at the G20 energy ministers summit. This move supports the Trump administration's efforts to r
Chevron CEO Mike Wirth states supply buffers are exhausted amid Middle East conflict, signaling upward oil price risks. Record diesel prices and constrained refinery capacity indicate sustained price
Major U.S. energy firms including Chevron and ExxonMobil plan to sign agreements with Vietnamese counterparts during leader To Lam's New York visit, amid trade talks and tariff threats.
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