Reported earnings of $3.2 billion; adjusted earnings of $3.6 billion Returned record $27 billion cash to shareholders in 2024 Increased 2024 worldwide and U.S. production by 7 and 19 percent to record levels Delivered key […]
Daily Standup Top Stories Tariffs on Oil Are a Major Problem for U.S. Refiners February 3, 2025 Mariel Alumit US tariffs on Canadian and Mexican imports will add to the financial burden of US refiners struggling […]
Exxon CEO says Trump was right to reverse Biden policies Trump has promised to support oil and gas production Chevron Corp. has begun using “Gulf of America” instead of “Gulf of Mexico” to describe the location […]
Daily Standup Top Stories Chevron Targets $6-8 bln In Free Cash Flow Growth By 2026 January 8, 2025 Clark Savage Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 […]
Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by “a couple billion dollars,” Chevron CEO Michael Wirth announced on Wednesday. America’s second […]
2024 has been another strong year for the offshore drilling market with high rig, OSV and subsea utilization and day rates. Analysts wonder whether oil prices will remain high enough to support the offshore oil […]
Starting January 1, 2028, Chevron Australia will supply Alcoa with a total of 130 petajoules of gas over a 10-year term from across the company’s equity interests in the Gorgon and Wheatstone facilities and the […]
Oil driller trims green budget to $1.5 billion from $2 billion Chevron is prioritizing profits over oil production next year Chevron Corp. is cutting low-carbon investments by one-fourth as the oil explorer trims spending across the […]
Daily Standup Top Stories Trump Picks Former Congressman Lee Zeldin to Lead EPA November 11, 2024 Clark Savage President-elect Donald Trump has selected former New York congressman Lee Zeldin to lead the Environmental Protection Agency, placing the Long Island Republican […]
QatarEnergy has signed an agreement to buy a 23% working interest in a concession agreement offshore Egypt from the block’s operator Chevron, the state firm of Qatar said on Monday. QatarEnergy will acquire 23% of the North […]
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