KEY POINTS Chevron is advancing its offshore Namibia strategy with plans to drill a new exploration well in Petroleum Exploration Licence (PEL) 90. The move follows the company’s earlier attempt …
Chevron
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KEY POINTS Uruguay’s offshore energy sector has attracted new international players following the entry of QatarEnergy and Chevron into exploration blocks operated by Shell, reinforcing global interest in hydrocarbon development …
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In the NewsMarketsOil & Gas
Microsoft, Chevron, Engine No. 1 Sign Exclusive Power Deal to Support AI Data Center Expansion
KEY POINTS Microsoft, Chevron and investment firm Engine No. 1 have entered into an exclusivity agreement to develop power generation and supply projects, as technology companies scramble to secure electricity …
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KEY POINTS A weeks-long outage at a major Australian liquefied natural gas, LNG, export facility is set to further tighten an already strained global supply market, following recent disruptions in …
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In the NewsMarkets
Chevron Surpasses $400 Billion Valuation as Oil Rally Drives Stock Higher, HSBC Upgrades to Buy
KEY POINTS Shares of Chevron have pushed the company’s market capitalization above $400 billion for the first time, placing the oil major among the 20 most valuable publicly traded companies …
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KEY POINTS Chevron has agreed to sell its stakes in two offshore oil blocks in Angola to Energean in a deal valued at $260 million, marking another step in the …
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In the NewsOil & Gas
ExxonMobil Pioneers Fully Automated Offshore Drilling in Guyana, Redefining Future Project Economics
KEY POINTS ExxonMobil (NYSE:XOM) has achieved what industry insiders are calling the world’s first fully automated offshore well placement in Guyana, in collaboration with Halliburton and other partners. The project …
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In the News
Chevron Appoints Emmanuelle Garinet to Lead Exploration Across Sub-Saharan Africa and the Americas
KEY POINTS Chevron has appointed Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, placing one of the upstream oil sector’s most experienced exploration leaders in a …
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KEY POINTS Chevron Nigeria Limited has reaffirmed its dedication to promoting socio-economic development in the Niger Delta, highlighting continued collaboration with government agencies, local communities, and development bodies. The company …
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KEY POINTS International energy giants Chevron and Royal Dutch Shell are on the verge of finalizing their first large‑scale oil production agreements in Venezuela since a significant political transition in …