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HomeChevron

Chevron

fuel
Big Oil Companies

This ‘climate-friendly’ fuel comes with an astronomical cancer risk

March 9, 2023 Mariel Alumit

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 […]

hydrogen
Big Oil Companies

hydrogen-fueled gas turbine engine could lead to lower carbon intensity

March 8, 2023 Mariel Alumit

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 […]

Offshore

Chevron picks Kongsberg to digitalise its global assets

March 8, 2023 Mariel Alumit

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 […]

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 […]

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