(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 […]
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 […]
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 […]
Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG terminal in Western Australia following a “mechanical fault” which is affecting one LNG production train. “The […]
Lawsuits targeting fossil fuel companies over climate damage have increased, with allegations ranging from violations of state laws to demands for reparations and criminal charges. Indigenous communities worldwide have achieved victories in halting oil and […]
(WO) – According to Reuters, Namibia’s national oil company, NAMCOR, has entered a significant development agreement with Chevron Namibia Exploration Ltd, a subsidiary of Chevron. Under the terms of the agreement, Chevron will take an […]
Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]
Chevron Corp (NYSE:CVX) released its 8-K filing on April 26, 2024, disclosing its financial results for the first quarter of 2024. The company reported earnings of $5.5 billion, translating to $2.97 per share on a diluted basis, […]
A group of Chevron Corp. investors has asked the United States oil giant to make available to shareholders a detailed report of its tax payments, warning of risks of vulnerability to tax law enforcement and […]
Weekly Daily Standup Top Stories Why gas prices in California ‘have gone ballistic’ April 6, 2024 Stu Turley Gas prices have been on the rise nationwide, but for California drivers, they’ve skyrocketed in a short amount of […]
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