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HomeChevron

Chevron

Crude Oil News

Chevron to increase Guyana, Bakken shale production with $53 billion Hess acquisition

October 24, 2023 Mariel Alumit

World Oil (WO) — Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per […]

Big Oil Companies

Analysis: Mega transatlantic oil mergers less likely after Exxon, Chevron deals

October 24, 2023 Mariel Alumit

Yahoo Finance LONDON – The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas this month, investors said. Source: […]

Big Oil Companies

Oil heavyweights Chevron, Repsol, Eni to benefit from Venezuelan sanctions relief

October 23, 2023 Mariel Alumit

World Oil (Bloomberg) – Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that U.S. sanctions have been relaxed. The surprise move on Oct. 18 allows international companies to apply […]

Chevron
Exploration and Production

Chevron to buy Hess Corp for $53 billion in all-stock deal

October 23, 2023 Mariel Alumit

HOUSTON, Oct 23 (Reuters) – Chevron (CVX.N) agreed to buy U.S. rival Hess (HES.N) for $53 billion in stock in a deal that reflects top U.S. energy companies drive for oil and gas assets in a world seeking lower-risk future fossil […]

Energy
Big Oil Companies

Oil Prices, Energy Stocks Surge After Attack on Israel. Here’s What Comes Next.

October 9, 2023 Mariel Alumit

Oil prices were climbing sharply on Monday in reaction to the attack on Israel by Hamas. Energy stocks rose as traders watched how the conflict is set to affect oil production and transportation in the Middle East. […]

BP
Big Oil Companies

How BP’s Strategy Stacks Up Against the Supermajors

September 20, 2023 Mariel Alumit

BP’s strategy is under the microscope following the departure of CEO Bernard Looney, who resigned after failing to disclose the extent of personal relationships with company staff. Wholesale changes — whether embracing the renewables-free approach of its US competitors […]

Chevron
International News

Chevron asks regulator to intervene in Australia LNG strikes

September 12, 2023 Mariel Alumit

(Bloomberg) – Chevron Corp. is applying to a labor regulator to help resolve its dispute with unions at liquefied natural gas (LNG) sites in Australia as workers continue partial strikes. The producer has asked the […]

LNG
International News

Gas prices jump as Australian LNG workers begin partial strikes at key Chevron sites

September 12, 2023 Mariel Alumit

(Bloomberg) – Liquefied natural gas (LNG) workers at key Chevron Corp. sites in Australia began partial strikes Friday after talks failed to reach an agreement in a dispute that’s roiled global gas markets. Benchmark gas […]

Chevron
Energy Crisis

Strikes start at major Chevron Australia LNG projects, no talks planned

September 8, 2023 Mariel Alumit

SYDNEY, Sept 8 (Reuters) – Workers at Chevron’s (CVX.N) liquefied natural gas (LNG) projects in Australia went on strike on Friday after talks broke down, potentially disrupting output from facilities that account for over 5% of global […]

CHEVRON
Big Oil Companies

CHEVRON ACQUIRES OVER 77 ACRES IN BRIDGELAND CENTRAL®

September 5, 2023 Mariel Alumit

HOUSTON, Sept. 5, 2023 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) announced today that Chevron U.S.A. Inc. has purchased over 77 acres in Bridgeland Central®, the award-winning master planned community of Bridgeland®. The acquisition signals continued growth for the Howard Hughes […]

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