Chevron

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 …

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

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.

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 …

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.

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 …

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 …

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 …

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

Chevron Corporation, the second-largest U.S. oil company, has made a bold move to acquire Hess Corporation, a rival oil producer with a stake in the lucrative Guyana offshore oil field. …