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 […]
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 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 […]
(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 […]
(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 […]
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 […]
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 […]
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 […]
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 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 […]
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