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  • [ February 8, 2023 ] ENB Podcast #101 Johnathan R. Grammer, CEO, U.S. Carbon Capture stops by the podcast. “The Pendulum Swings On ESG Investments” – What is Sustainable Mean In Investments? – What is Sustanable Mean In Investments? Climate Crisis
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  • [ February 8, 2023 ] How to donate to Turkey and Syria earthquake disaster response Aljazeera International
  • [ February 8, 2023 ] Vermont gas utility sees geothermal as a part of its carbon-cutting portfolio Electrical Generation
  • [ February 8, 2023 ] Minnesota power co-op wants to invest in flexibility for fossil fuel peaker plant Electrical Generation
  • [ February 8, 2023 ] Phasing out coal in some places may increase consumption in others – study Climate Crisis
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HomeChevron

Chevron

Big Oil Companies

Oil majors hit record profits, green investments tell a different story

February 7, 2023 Mariel Alumit

Some of the world’s largest oil and gas companies have declared the highest-ever profits since people started using petroleum, rewarding shareholders with higher dividends and share buybacks while spending relatively little of it on renewable […]

Big Oil Companies

Oil Execs send biden the message to “Pound Sand” as Stock Buybacks Race to Record $132 Billion Start as Companies Snub All Warnings

February 5, 2023 Allen Santos

ENB Pub Note: This follows on the heels of BP announcing they are reducing investments in non-profitable renewable projects and billions of dollars of losses in a couple of wind companies. “Renewable is not sustainable […]

ExxonMobil
Big Oil Companies

Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different

January 30, 2023 Mariel Alumit

ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas prices, cost inflation and uncertainty over China’s re-opening are dimming the outlook for […]

Big Oil Companies

White House Kicks Around Big Oil Stock Buybacks Again as Chevron Profits Double – Windfal Profits Taxes Will Cost Consumers

January 29, 2023 Mariel Alumit

WASHINGTON, Jan 27 (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of using profits to pay shareholders instead of boosting supply, after Chevron Corp (CVX.N) said […]

Big Oil Companies

Chevron Falls After Posting Disappointing Quarterly Result

January 29, 2023 Mariel Alumit

Chevron Corp. posted disappointing fourth-quarter results, just days after surprising investors with a mammoth $75 billion share-buyback program, as the oil giat disclosed a surprise jump in corporate costs.Profit excluding one-time items was $4.09 a […]

Chevron
Big Oil Companies

Chevron Reports Record Profits, $75 Billion Buyback; White House Fumes

January 27, 2023 Mariel Alumit

Chevron (CVX) posted mixed fourth-quarter results early Friday, missing on earnings views while topping revenue estimates. The energy giant reported record profits and cash flow for 2022, on top of its earlier announcement launching a massive […]

Chevron
EnergyNews

Chevron sets $75 billion share buyback program, raises dividend

January 26, 2023 Mariel Alumit

The logo of Chevron is seen at the company’s office in Caracas, Venezuela April 25, 2018. REUTERS/Marco Bello Jan 25 (Reuters) – Chevron Corp (CVX.N) on Wednesday said it would triple its share buyback program to $75 […]

Big Oil Companies

Chevron Sold Venezuelan Oil To Phillips 66

January 16, 2023 Mariel Alumit

Chevron Corp has sold a cargo of Venezuelan crude oil to another U.S. refinery, Phillips 66, anonymous sources have said. Chevron Corp recently sold 500,000 barrels of heavy Hamaca to U.S. refiner Phillips 66 to […]

Eni
Big Oil Companies

Eni, Chevron Make Significant Gas Discovery Off Egypt

January 16, 2023 Mariel Alumit

Italian oil major Eni has made a significant new gas discovery at the Nargis-1 exploration well located in the Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered […]

Oil
Crude Oil News

Big Oil Is Eyeing India For Big Investments

January 16, 2023 Mariel Alumit

U.S. oil majors Exxon Mobil Corp and Chevron Corp—along with France’s TotalEnergies, are taking a long, hard look at upping their investments in India’s oil and gas exploration and production sector, India’s oil minister said […]

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Vermont
Electrical Generation

Vermont gas utility sees geothermal as a part of its carbon-cutting portfolio

February 8, 2023

​Vermont’s only natural gas company is exploring possible sites for its first fossil-fuel-free, networked geothermal project, a heating and cooling technology that could be a natural fit for a company already skilled at designing and […]

Minnesota
Electrical Generation

Minnesota power co-op wants to invest in flexibility for fossil fuel peaker plant

February 8, 2023

​Minnesota’s largest electricity cooperative wants the option to burn diesel fuel oil at a central Minnesota peaker plant as a hedge against volatile natural gas prices. Great River Energy is seeking approval from Minnesota regulators […]

New England
EIA News

New England’s power grid weathers last weekend’s record-breaking cold and wind

February 8, 2023

February 8, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes […]

U.S
EnergyNews

U.S. natgas output to hit record high in 2023, demand to fall

February 7, 2023

U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry […]

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