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Chevron

  • In the NewsOil & Gas

    Algeria Nears Landmark Exxon, Chevron Pact to Unlock Shale Gas Reserves

    by Oluwatosin Racheal Alabi August 15, 2025
    by Oluwatosin Racheal Alabi August 15, 2025

    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. …

  • Oil & Gas

    Chevron Cleared to Restart Venezuelan Oil Operations as Maduro Celebrates Renewed Ties

    by Oluwatosin Racheal Alabi July 25, 2025
    by Oluwatosin Racheal Alabi July 25, 2025

    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 …

  • In the News

    Tengiz Oil Field Hits Record Production Amid OPEC+ Tensions

    by Adenike Adeodun October 10, 2024
    by Adenike Adeodun October 10, 2024

    Kazakhstan’s Tengiz oil field hits record output, complicating OPEC+ compliance and raising questions about future production targets amid plans for expansion.

  • In the News

    Chevron Sells Canadian Oil Sands Assets to Canadian Natural for $6.5 Billion

    by Victor Adetimilehin October 8, 2024
    by Victor Adetimilehin October 8, 2024

    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.

  • In the News

    US Oil Giants Reveal Huge Payments to Foreign Governments

    by Victor Adetimilehin October 1, 2024
    by Victor Adetimilehin October 1, 2024

    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 …

  • In the News

    Chevron CEO Criticizes Biden’s Natural Gas Policies, Calls Fuel Key for AI

    by Victor Adetimilehin September 18, 2024
    by Victor Adetimilehin September 18, 2024

    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.

  • In the News

    Hess Shareholders Approve $53 Billion Merger with Chevron

    by Victor Adetimilehin May 29, 2024
    by Victor Adetimilehin May 29, 2024

    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 …

  • In the News

    Venezuela’s Oil Industry Gets a Boost as Chevron Restarts Drilling

    by Victor Adetimilehin April 2, 2024
    by Victor Adetimilehin April 2, 2024

    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 …

  • In the News

    Chevron Blindsided by Exxon’s Arbitration Move in Guyana Oil Deal

    by Victor Adetimilehin March 20, 2024
    by Victor Adetimilehin March 20, 2024

    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 …

  • In the News

    Exxon Seeks Rights Over Hess’ Guyana Stake in $53 Billion Deal Dispute

    by Victor Adetimilehin March 19, 2024
    by Victor Adetimilehin March 19, 2024

    The dispute centers on a disagreement over the interpretation of a joint operating agreement governing the consortium responsible for Guyana’s oil production.

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Nigeria’s Oil Boom: Record Production in September 2023

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5 Reasons Nigeria’s New Deepwater Deal With TotalEnergies Matters
WinGD Becomes First Engine Maker to Join Methane Abatement...
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