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HomeChevron

Chevron

Chevron boosts annual share buyback, hikes US spending
Big Oil Companies

Chevron boosts annual share buyback, hikes US spending

March 5, 2023 Mariel Alumit

HOUSTON (Reuters) – Oil major  Chevron Corp  on Tuesday raised its share buyback program and reaffirmed its production guidance of more than 3% annual growth by 2027, while increasing spending in the United States. Chevron increased […]

Oil
Big Oil Companies

Say Goodbye To Big Oil’s Big Buybacks

March 3, 2023 Mariel Alumit

2022 profits and cash flows of energy companies came in at record highs. This year’s earnings are expected to be lower, albeit still high by historical standards. With lower expected free cash flows, companies will […]

Chevron
Big Oil Companies

Chevron Reiterates Permian’s 2025 Growth Target Despite Delaware ‘Falling Short’

March 3, 2023 Mariel Alumit

Top executives with Chevron Corp. continue to eye massive production growth from the company’s Permian assets while also acknowledging some shortcomings in the Delaware Basin. “The headline is our production guidance is unchanged, 3% compounded […]

Chevron
Big Oil Companies

Chevron boosts annual share buyback target to up to $20 billion

February 28, 2023 Mariel Alumit

Feb 28 (Reuters) – U.S. oil major Chevron Corp (CVX.N) on Tuesday raised its share buyback outlook to between $10 billion and $20 billion per year and reaffirmed its production guidance of more than 3% annual […]

Big Oil Companies

Sembcorp Marine to back Chevron’s lower carbon LNG fleet upgrade

February 27, 2023 Mariel Alumit

Home Clean fuel Sembcorp Marine to back Chevron’s lower carbon LNG fleet upgrade Chevron Shipping Company, a subsidiary of energy major Chevron, has entered into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, […]

Offshore

Chevron and Egyptian govt join forces to curb methane from oil & gas sector

February 23, 2023 Mariel Alumit

Home Fossil Energy Chevron and Egyptian govt join forces to curb methane from oil & gas sector U.S.-headquartered energy giant Chevron has inked a memorandum of understanding (MoU) with the Egyptian Ministry of Petroleum and Mineral […]

Chevron
Investments

Best Dividend Stocks: Chevron And Exxon Offer Stable Yields In Volatile Sector

February 22, 2023 Mariel Alumit

Fears of a softening world economy and stronger U.S. dollar have led to recent weakness in the oil sector. This has forced momentum traders to hit the exits but income investors can take advantage of […]

Chevron
EnergyNews

Chevron considers extending current CEO’s retirement age

February 14, 2023 Mariel Alumit

Michael Wirth, Chairman and CEO Chevron Corp., speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 1, 2022. REUTERS/Brendan McDermid Feb 13 […]

League
Big Oil Companies

Fantasy League Matchmaking Between Oil Majors and Transition Upstarts

February 12, 2023 Mariel Alumit

​LITTLETON, Colo., Feb 9 (Reuters) – This weekend’s Super Bowl is the annual showpiece for American football’s top professional teams, and marks the end of the fantasy league season where amateur fans select their own […]

Big Oil Companies

ESG Investing Failure and Major Setback: Exxon Retreats From Major Climate Effort to Make Biofuels From Algae –

February 11, 2023 Mariel Alumit

​After advertising its efforts to produce environmentally friendly fuels from algae for over a decade, Exxon Mobil Corp. is now quietly walking away from its most heavily publicized climate solution.  Exxon has slashed its support for Viridos Inc., […]

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