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HomeChevron

Chevron

Renewables Not Sustainable

U.S. Supermajors Face Investor Votes On Emission Cuts

April 10, 2022 Andy Del Prado

Exxon Mobil Corp. and Chevron Corp. investors will vote on shareholder demands to curb pollution amid growing pressure on the oil industry to clean up its environmental record. Exxon holders will consider a proposal from […]

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol
Crude Oil News

Oil Prices Continue To Rally As EIA Confirms Crude Inventory Draw

March 30, 2022 Andy Del Prado

Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25. This compared with a decline of 2.5 million barrels the EIA […]

Commodities

Is Big Oil Overselling Its Energy Transition Efforts?

March 7, 2022 Andy Del Prado

February has been a month marked by explosive reports revealing sweeping greenwashing campaigns by the fossil fuels industry. As the dust settles from the first waves of the novel coronavirus pandemic, investigative watchdogs are taking […]

Chevron to buy biodiesel producer REG in USD-3.15bn deal
US Energy News

Chevron Executing Plans to Deliver Higher Returns and Lower Carbon

March 7, 2022 Andy Del Prado

NEW YORK–(BUSINESS WIRE)–At its annual investor meeting today, Chevron Corporation (NYSE: CVX) reported on its progress to deliver higher returns and advance a lower carbon future. Higher Returns Chevron expects to continue to improve capital […]

Chevron Calls On Biden to Support U.S. Oil as Russia Raises Risks
Exploration and Production

Chevron Calls On Biden to Support U.S. Oil as Russia Raises Risks

March 1, 2022 Mariel Alumit

Chevron Corp. said any short-term efforts by the Biden Administration to ease crude prices should be backed up by long-term commitments to support investment in America’s domestic oil industry. President Joe Biden is considering releasing […]

Chevron to buy biodiesel producer REG in USD-3.15bn deal
M & A

Chevron to buy biodiesel producer REG in USD-3.15bn deal

February 28, 2022 Mariel Alumit

February 28 (Renewables Now) – US oil giant Chevron Corp (NYSE:CVX) has struck a USD-3.15-billion (EUR 2.8bn) deal to take over Renewable Energy Group Inc (NASDAQ:REGI) in pursuit of its objective to grow renewable fuels […]

Chevron
Crude Oil News

Exclusive-U.S. weighs Chevron request to take Venezuela oil for debt payments -sources

February 9, 2022 Mariel Alumit

HOUSTON/WASHINGTON (Reuters) – The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt, four people close to the discussions […]

Crown Lights Rig -ENB
Big Oil Companies

U.S. Shale Surge Should Worry Oil Markets, Conoco CEO Says

February 5, 2022 Mariel Alumit

CEO sees U.S. oil growing up to 900,000 barrels a day in 2022 Warning comes after Exxon, Chevron plan Permian Basin boost ConocoPhillips said traders should be worried about strong oil production growth coming out of […]

Kitmat LNG - Chevron - ENB
International News

Enbridge purchases Northwest B.C. pipeline from Chevron, Woodside

January 29, 2022 Mariel Alumit

A northwest B.C. natural gas pipeline project presumed to be dead may be showing new signs of life. In a letter to Indigenous and non-Indigenous stakeholders along the route of the proposed Pacific Trail Pipeline […]

rigs - west Texas - ENB
Finance

U.S. energy shares on fire again to start 2022, stoked by inflation

January 15, 2022 Mariel Alumit

Shares of U.S. energy companies are soaring in the early days of 2022, driven by a shift to so-called value stocks and assets that stand to benefit from the steepest inflation in nearly four decades. […]

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