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Chevron
Renewables Not Sustainable

Chevron Eyes $2.5B Investments in Low-Carbon Hydrogen

June 20, 2022 Mariel Alumit

Chevron Corp. plans to spend about $2.5 billion building up its hydrogen business this decade as the oil major accelerates investment in low-carbon technologies. Chevron will develop both green and blue hydrogen, said Austin Knight, […]

California Fuel Prices Set to Soar
Commodities

California Fuel Prices Set to Soar

June 19, 2022 Stu Turley

Gasoline and diesel prices in the Golden State may soar to fresh records in the coming weeks as one of the largest refineries on the West Coast starts maintenance. Chevron Corp. is scheduled to carry […]

Chevron
US Energy News

Chevron Deals 10-Year Oilfield Services Contract To Worley

June 16, 2022 Mariel Alumit

U.S. oil and gas supermajor Chevron has awarded a long-term deal to engineering company Worley for the provision of multiple services to its portfolio of onshore and offshore assets. Worley said that it secured a […]

Chevron
M & A

Chevron completes acquisition of Renewable Energy Group

June 13, 2022 Mariel Alumit

Chevron Corp. has completed its purchase of Iowa-based Renewable Energy Group Inc. (REG). Completion of the transaction follows REG shareholders’ approval of the proposed merger agreement at the renewable diesel producer’s May 17 annual meeting, Chevron and REG […]

Chevron
Finance

Chevron Evolves Leadership Structure to Further Enhance Execution

May 27, 2022 Mariel Alumit

SAN RAMON, Calif., May 26 /BusinessWire/ — Chevron Corporation (NYSE:CVX) today announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the company’s objectives of higher returns […]

Chevron, Pertamina
International News

Chevron, Pertamina Partner On Lower Carbon Opportunities

May 16, 2022 Mariel Alumit

U.S. oil and gas supermajor Chevron has announced a partnership to explore potential lower carbon business opportunities in Indonesia with Pertamina. Aimed at serving local and potentially regional customers, Chevron and Pertamina plan to consider […]

Pump Jack - Sunset - oil and gas drilling - ENB
Crude Oil News

Big Oil spends on investors, not output, prolonging crude crunch

May 9, 2022 Stu Turley

Big Oil is raking in historic amounts of cash, but the windfall isn’t being invested in new production to help displace Russian oil and gas. Instead, executives are rewarding shareholders — setting the world up […]

Chevron
M & A

Chevron Joins Gulf of Mexico Carbon Capture and Storage Project Mike Schuler

May 4, 2022 Mariel Alumit

Chevron will join Talos Energy and Carbonvert in developing the Bayou Bend CCS offshore carbon capture and sequestration project in the Gulf of Mexico off the coast of Jefferson County, Texas. Talos and Carbonvert, through […]

Chevron 4 - EnergyNewsBeat ENB
Finance

Chevron raises Permian Basin oil production growth target to 15%

April 29, 2022 Mariel Alumit

(Bloomberg) — Chevron Corp. lifted its production target in North America’s biggest oil field in a sign that U.S. shale is responding to $100-a-barrel crude despite rising cost pressures and equipment shortages. Chevron will produce […]

Chevron 4 - EnergyNewsBeat ENB
US Energy News

Chevron, union meet as California refinery strike enters third week-official

April 12, 2022 Mariel Alumit

(Reuters) – Chevron Corp. and the United Steelworkers union (USW) met on Monday to seek an end to a three-week-old strike by 500 workers at the company’s Richmond, California, refinery, a union official said. Chevron spokesperson […]

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