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HomeChevron

Chevron

International News

The role of renewables within upstream oil and gas is gaining significant momentum

April 1, 2021 Stu Turley

Upstream oil and gas companies are responsible for significant greenhouse gas (GHG) emissions and are some of the largest carbon-emitting companies globally. As a result, upstream operators are under growing pressure from governments, shareholders and […]

Oil barrels -energynewsbeat.com
Coal

Why Is Oil Selling Off? There’s Just Too Much of It – Supply, No Demand and Fundamentals

March 20, 2021 Stu Turley

Any sharp oil sell-off, like the one this week, always has a clutch of plausible explanations and a sense that some sure-bet trade has unwound in a rout. And that’s almost certainly true. But there’s […]

Finance

Chevron clinches a midstream acquisition in Colorado and Texas, and the deal’s value has been rising

March 10, 2021 Stu Turley

Noble Midstream Partners finalized a deal with Chevron selling the oil giant the rest of its midstream oil and gas pipeline business, and the deal value has grown since Chevron first made its all-stock offer. […]

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

Chevron Backs Geothermal Power Developer for California Pilot Project -Hart

March 2, 2021 Stu Turley

Chevron Corp. announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. According to a separate release by Baseload on March […]

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

Chevron launches $300 million fund to focus on low-carbon technology

February 25, 2021 Stu Turley

Chevron Corp on Thursday said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change. Major […]

Exxon - Energy News Beat
Crude Oil News

Exxon, Chevron CEOs discussed merger in early 2020 – what’s up in 2021?

January 31, 2021 Stu Turley

The chief executives of Exxon Mobil Corp. XOM -2.65% and Chevron Corp. CVX -4.29% spoke about combining the oil giants after the pandemic shook the world last year, according to people familiar with the talks, testing the waters for what could be one of the […]

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

Chevron Announces Fourth Quarter 2020 Results

January 29, 2021 Stu Turley

Jan. 29, 2021– Chevron Corporation (NYSE: CVX) today reported a loss of $665 million ($(0.33) per share – diluted) for fourth quarter 2020, compared with a loss of $6.6 billion ($(3.51) per share – diluted) in fourth quarter 2019. Included in the current […]

Leviathan and Tamar fields, which sit off Israel’s Mediterranean - Energy News Beat
Fossil

Chevron eyes subsea pipelines to send Israeli gas to Egypt

January 20, 2021 Stu Turley

Chevron and other companies helping to develop Israel’s natural gas fields will invest around $235 million in pipelines to export the fuel to Egypt. The partners in the Leviathan and Tamar fields, which sit off […]

Crude Oil News

Energy News Beat 1/15/2021

January 15, 2021 Mariel Alumit

Buy the rumor, sell the news as markets fall flat with Biden proposed $1.9 trillion stimulus. The Dow Jones Industrial Average traded 89 points lower, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq […]

Blue Planet Systems - Energy News Beat
Carbon Capture

Chevron invests in carbon capture technology startup to further cut greenhouse gas emissions

January 15, 2021 Stu Turley

Chevron Corporation on Jan. 14 said it made an investment in Blue Planet Systems, a start-up company that uses its proprietary carbon capture process to repurpose flue gas from refineries and other industrial operations into […]

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