KEY POINTS In a move that could transform the North African country’s energy landscape and increase its export power, Algeria is nearing agreements with Exxon Mobil Corp. and Chevron Corp. …
Chevron
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KEY POINTS Chevron has been officially granted approval to resume full oil operations in Venezuela, months after halting production in May 2025 due to U.S. sanctions. The announcement was made …
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Kazakhstan’s Tengiz oil field hits record output, complicating OPEC+ compliance and raising questions about future production targets amid plans for expansion.
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Chevron divests its Canadian oil sands assets for $6.5 billion, marking a strategic shift toward higher-growth areas like U.S. shale and Kazakhstan.
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U.S. oil giants Exxon, Chevron, and ConocoPhillips disclosed they paid over $42 billion to foreign governments in 2023, significantly more than what they paid in the U.S., according to new …
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Chevron CEO Michael Wirth criticized U.S. President Joe Biden’s natural gas policies at the Gastech conference, emphasizing the importance of natural gas in reducing emissions and powering AI.
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Hess shareholders overwhelmingly approved the $53 billion merger with Chevron, clearing a key hurdle but leaving regulatory approval and a potential arbitration battle with Exxon Mobil and CNOOC to be …
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Venezuela’s oil industry is on the rise after Chevron restarted drilling operations. This follows the US easing sanctions on Venezuelan oil in October 2023. The new drilling program is expected …
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Chevron’s proposed $53 billion takeover of Hess Corporation’s stake in the lucrative Stabroek oil block has hit a major snag. Exxon Mobil, the current operator of the block, surprised everyone …
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The dispute centers on a disagreement over the interpretation of a joint operating agreement governing the consortium responsible for Guyana’s oil production.