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Chevron

Israel
Big Oil Companies

Israel natural gas flows to Egypt rise as Chevron resumes Tamar production

November 14, 2023 Mariel Alumit

Shipments have risen to 350-400 MMcfd from about 250 MMcfd earlier in November, the person said, asking not to be named because the information isn’t public. Still, that’s almost half the normal levels from before […]

Chevron
LNG

Chevron working to resume full Gorgon LNG production after electrical incident

November 13, 2023 Mariel Alumit

Gorgon LNG (Image: Chevron Australia) Chevron’s unit in Australia is working to return to full production from its Gorgon LNG plant in Western Australia following an electrical incident affecting one of the plant’s three trains. […]

Chevron
Big Oil Companies

Chevron to promote Venezuelan oil chief to run Latin American operations following sanctions relief

November 4, 2023 Mariel Alumit

World Oil (Bloomberg) – Chevron Corp. will promote Javier La Rosa to run its operations in Latin America as it builds its presence in the region. La Rosa, who joined the oil giant in 2000, will […]

Bakken
Crude Oil News

Chevron expected to revitalize Bakken shale with Hess acquisition

November 1, 2023 Mariel Alumit

Oil Price Oil production in the Bakken shale play is set to increase after Chevron’s acquisition of Hess, although volumes are unlikely to hit the records seen before 2020, analysts have told Reuters. Last week, Chevron […]

Big Oil Companies

Daily Energy Standup Episode #239 – Weekly Recap: Climate Crisis in Africa, Hydrogen Challenges, and Chevron’s Strategic Move

October 28, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Why is the Climate Crisis racist where Africa is concerned? The West policies towards Africa are like environmental racism. – Alex Epstien October 21, 2023 Allen Santos Sometimes we must stand […]

Chevron
Press

Guyana government “very supportive” of Chevron megadeal, Hess CEO says

October 27, 2023 Mariel Alumit

World Oil (Bloomberg) – Guyana’s government is “very supportive” of Chevron Corp.’s deal to buy Hess Corp., which owns a large stake in the country’s oil developments, Chief Executive Officer John Hess said in an interview. Source: […]

Press

Chevron’s mega oil deal more expensive than Exxon’s

October 27, 2023 Mariel Alumit

Yahoo Finance Exxon Mobil’s $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron’s $53 billion agreement to buy Hess, but it is Chevron that is paying […]

Crude Oil News

Chevron’s Hess acquisition delivers “richly-valued” oil independent

October 26, 2023 Mariel Alumit

World Oil (Bloomberg) – Chevron Corp.’s acquisition of Hess Corp. does more than give it a stake in the world’s fastest-growing oil field off the coast of Guyana and shale assets in the Bakken basin of […]

International News

Saudi Prince says Exxon, Chevron megadeals show oil is here to stay

October 26, 2023 Mariel Alumit

World Oil (Bloomberg) – Oil is here to stay as U.S. majors strike blockbuster deals while Saudi policies are helping stabilize global crude markets, the kingdom’s energy minister said at the annual investment forum in […]

Big Oil Companies

Value gap between European, U.S. oil majors “stubbornly wide” amidst Exxon, Chevron megadeals

October 24, 2023 Mariel Alumit

World Oil (Bloomberg) – Europe’s oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their dealmaking U.S. peers remains stubbornly wide. After companies such […]

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