U.S. crude futures tanked Wednesday to levels not seen since late March amid concerns of U.S. recession and signals of demand weakness in China. Meanwhile, the May 1 start of the OPEC+ oil output reduction […]
Wells Fargo Analyst Roger Read joins Yahoo Finance Live to discuss quarterly earnings for Chevron and ExxonMobil, falling gas prices, the expectations for a hard landing, and the outlook for oil. – Despite concerns from investors […]
Energy giants Chevron (CVX) and Exxon Mobil (XOM) topped Wall Street estimates for first-quarter financials Friday. However both company’s saw revenue slip compared to a year ago, as the two U.S. majors come off booming […]
InterMoor, part of Acteon’s engineering, moorings and foundations division, has secured a contract extension with Chevron for a decommissioning scope in Thailand. Source: Acteon Following the completion of Phase 1 decommissioning work in 2021 in the Gulf […]
The oil and gas industry is exploring the potential of geothermal energy to provide more clean electricity and heating. While geothermal has the advantage of not being dependent on weather like other green energy sources, […]
Home Fossil Energy Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil & gas lease sale The U.S. government agency Bureau of Ocean Energy Management (BOEM) has held an oil and […]
Authored by Tsvetana Paraskova via OilPrice.com, Everyone in the oil and gas industry is now talking about decarbonization and net-zero emissions. Energy security and affordability have made their way to the top of the agenda. […]
Almost half of products cleared so far under a new US federal ‘biofuels’ program are not, in fact, biofuels This article is co-published with ProPublica, a nonprofit newsroom that investigates abuses of power The Environmental Protection […]
Chevron and Caterpillar-owned Solar Turbines are working together to adapt a low-emissions turbine engine partially fueled by hydrogen. Blending hydrogen with traditional fuels to power the engine could help reduce its greenhouse gas emissions. Results […]
Norwegian digital solutions provider Kongsberg Digital has been hired by Chevron Technical Center, a division of Chevron – a U.S.-headquartered energy giant – to handle the digitalisation of the oil major’s global assets with digital twin […]
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