Chevron has restarted drilling at a key Venezuelan oil field despite signals from the White House the sanction noose around Caracas is about to tighten. Work at the Petroindependencia field in the Orinoco Belt has been ongoing […]
ExxonMobil has started an arbitration process regarding its rights over Hess’s Guyana oil and gas assets, tossing some sand into the gears of rival Chevron’s pending $53 billion acquisition of Hess. “We are engaging in […]
SAN RAMON, Calif., Feb. 29 /BusinessWire/ — Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower […]
(WO) – VAALCO Energy, Inc. has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden. Svenska’s primary asset […]
It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion. But the oil riches beneath Guyana’s coastal […]
HOUSTON, Feb 26 (Reuters) – Exxon Mobil Corp (XOM.N), opens new tab said on Monday it may preempt Chevron Corp’s (CVX.N), opens new tab acquisition of a 30% stake in a giant Guyana oil block, the centerpiece of its […]
Profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s “hostile” policies and warns that a second term would be “disastrous” for […]
Daily Standup Top Stories Energy Secy. Granholm explains the clean energy ‘battle’ – Really? February 26, 2024 Stu Turley The Biden administration has made some big investments into infrastructure and clean energy initiatives within the US. […]
Chevron CVX -0.14%decrease; red down pointing triangle warned investors Monday that Exxon Mobil XOM 0.39%increase; green up pointing triangle and China’s Cnooc are asserting they have a right to pre-empt the company’s bid for a stake in a prolific oil project off […]
ENB Pub Note: This is a total weaponization of the legal system for fraudulent reasons. Facts, fiscal responsibility and physics matter when dealing with the cost of energy. The city of Chicago filed a sprawling lawsuit against […]
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