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Hydrogen

Chevron Forms Partnership to Pursue Hydrogen, Ammonia Project Along US Gulf Coast

October 19, 2022 Mariel Alumit

Chevron Corp. joined a collaboration with Air Liquide, LyondellBasell and Uniper SE to evaluate the potential for a hydrogen and ammonia production facility on the U.S. Gulf Coast, according to a press release on Oct. […]

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Climate Crisis

Some Banks and Energy Companies Finally Starting to Get Some Backbone

October 16, 2022 Mariel Alumit

From the MANHATTAN CONTRARIAN Francis Menton There’s nothing like a good energy crisis to bring a dose of reality to climate change and renewable energy fantasies. It seems like it was barely a few months […]

Venezuela
Crude Oil News

USA Denies Report of Plans to Change Venezuela Sanctions Policy

October 6, 2022 Mariel Alumit

The Biden administration has no plans to change its sanctions policy toward Venezuela without positive actions from President Nicolas Maduro’s government, the National Security Council said after a report that the US would scale down […]

U.S.
Crude Oil News

U.S. big company oil reserves up 13% since 2017, deals drive recent growth -study

August 17, 2022 Mariel Alumit

NEW YORK, Aug 17 (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with […]

Chevron
Crude Oil News

Chevron, ExxonMobil continue Permian oil, gas output growth in Q2

August 1, 2022 Mariel Alumit

ExxonMobil and Chevron saw mounting oil and gas production from the US Permian Basin in Q2 2022, and outlooks continue to project double-digit growth for each in the giant West Texas and southeast New Mexico […]

Exxon
Finance

Exxon And Chevron Smash Profit Records

July 30, 2022 Mariel Alumit

U.S. supermajors ExxonMobil and Chevron both reported their highest-ever quarterly profits on Friday. Higher oil and gas prices, the highest refining margins in years, increased production, and aggressive cost control all contributed to the record-breaking […]

EU’s
Exports

EU’s shift from Russian supplies accelerates gas discoveries in Cyprus

July 26, 2022 Mariel Alumit

(Bloomberg) — The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said. “Europe is a good potential customer for Cypriot […]

Traders
Crude Oil News

Traders Are Betting On The End Of The Oil Price Slump

July 26, 2022 Mariel Alumit

Money managers have started to close out short positions on oil. The oil price slump that started mid-June could be about to reverse. The disconnect between the physical crude market and paper crude market remains […]

Chevron
Crude Oil News

Chevron, Cyprus To Cooperate On Aphrodite Field Development

July 21, 2022 Mariel Alumit

Cyprus’ Ministry of Energy, Commerce, and Industry and Chevron have agreed to further their cooperation on the viable and efficient development of the Aphrodite field. In this regard, the Minister of Energy Natasa Pilides and […]

Chevron
US Energy News

Chevron Ready for Gulf of Mexico Hurricane Season

July 15, 2022 Mariel Alumit

Chevron revealed this week that it has prepared for the six-month Gulf of Mexico hurricane season through design, workplace safety training and by maintaining its own fleet of 18 helicopters for flying to and from […]

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