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Exploration and Production

Chevron to boost natural gas production from massive Leviathan field offshore Israel following export expansion

June 27, 2024 Mariel Alumit

(WO) – The Leviathan gas field offshore Israel – touted as the largest gas field in the Mediterranean- is set for an expansion in natural gas export capacity, following preliminary approval from Israel’s Energy Ministry. […]

Chevron
Crude Oil News

Chevron inks offshore $2 billion exploration, production deal with Equatorial Guinea following multiple oil and gas discoveries

June 24, 2024 Mariel Alumit

(WO) – The African Energy Chamber (AEC) announced that Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing a […]

Chevron
Big Oil Companies

Chevron Inks PSCs for Two Blocks Offshore Equatorial Guinea

June 24, 2024 Mariel Alumit

Chevron Corp. and Equatorial Guinea’s state-owned GEPetrol have signed production sharing contracts (PSCs) for offshore blocks EG06 and EG11, the African Energy Chamber (AEC) has reported. Exxon Mobil Corp., the former owner of the licenses […]

Chevron
Exploration and Production

Chevron says to complete Wheatstone platform repairs in coming weeks

June 13, 2024 Mariel Alumit

Chevron’s unit in Australia expects to complete repair activities on the Wheatstone offshore platform, which provides gas to the onshore LNG plant, in the coming weeks. Chevron Australia suspended operations on the offshore platform on […]

Chevron
International News

Chevron suspends Wheatstone LNG production

June 11, 2024 Mariel Alumit

Chevron’s unit in Australia has suspended production at its 8.9 mtpa Wheatstone LNG terminal near Onslow to complete a repair on the Wheatstone offshore platform. A Chevron Australia spokesperson told LNG Prime on Tuesday that […]

Crude Oil News

Deal Spotlight Episode #7: Exxon vs. Chevron for Hess and The Battle For Guyana

May 23, 2024 Michael Tanner

Guyana has emerged as one of the most prized oil assets over the last 10 years and the race to develop this asset is seen as critical to stable oil production growth over the next 10 years. Chevron has attempted to jump into this growth […]

Hess
Big Oil Companies

Hess investor D.E. Shaw to abstain from voting on $53 billion Chevron acquisition amid ExxonMobil arbitration

May 21, 2024 Mariel Alumit

(Bloomberg) – D.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion acquisition by Chevron Corp., becoming the second major investor […]

Chevron
Big Oil Companies

Proxy firm advises Hess investors to abstain from voting on $53 billion Chevron deal amidst ExxonMobil arbitration

May 14, 2024 Mariel Alumit

(Bloomberg) – Influential proxy giant Institutional Shareholder Services Inc. recommended Hess Corp. investors abstain from voting on the proposed $53 billion acquisition by Chevron Corp. Shares of both oil companies fell. ISS cited concerns about […]

Core Business
Big Oil Companies

Profits Over ESG as Supermajors Pivot Back to Their Core Business

May 14, 2024 Mariel Alumit

Three years ago, Big Oil supermajors in Europe were all about the energy transition and pivoting from their core business to a greater diversification. In its latest financial report for the first quarter, BP indicated […]

Chevron and Cheniere
Big Oil Companies

Chevron, Cheniere Confident Nat Gas Demand Will Boom

May 6, 2024 Mariel Alumit

Giant Chevron and mid-cap Cheniere have said they are bullish on natural gas demand, which Chevron CEO Mike Wirth says he expects to beat expectations due to surging electricity consumption from big tech. Speaking to […]

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