9 articles
Chevron intends to self-fund a $7 billion Venezuela expansion via local crude profits, aiming to double production to over 600,000 barrels daily within five years. CEO Mike Wirth highlighted conservat
The White House plans to extend the Jones Act waiver to enhance fuel shipping flexibility and reduce U.S. gasoline prices ahead of midterm elections. Critics cite security concerns, but the administra
Chevron announced a special bonus equivalent to half of monthly base pay for employees following record earnings driven by high oil prices and successful cost reductions. CEO Mike Wirth credited staff
President Trump criticized ExxonMobil and Chevron for record profits amid rising gas prices linked to the Iran conflict, demanding lower consumer costs. The oil giants reported strong quarterly earnin
Chevron signed a 20-year natural gas power deal with Microsoft for a Texas data center, with Project Kilby targeting 2.67 gigawatts capacity by 2028.
Chevron CEO Mike Wirth confirmed ongoing investment interest in the Middle East, citing favorable terms, with the region currently accounting for approximately 5% of the company's total output.
Venezuela has introduced new regulations requiring oil and gas companies to generate their own power due to frequent grid blackouts. This measure aims to protect operations like Chevron's Orinoco Belt
U.S. President Trump met with top oil and gas executives, including Chevron's CEO, to discuss energy impacts from the Iran conflict and market factors like oil futures. The meeting covered domestic pr
Chevron CEO Mike Wirth stated Venezuela’s oil policy changes show progress but remain insufficient for desired investment levels. He warned that production revival hinges on rebuilding supply chains a
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