Thanks to careful spending in lower-risk projects with solid returns, U.S. oil supermajor Chevron has the capacity to distribute US$75 billion-US$80 billion in cash to shareholders over the next five Continue Reading
Chevron has upped its Permian Basin resource estimate to more than 21 billion barrels of oil equivalent, more than double the company’s estimate just three years ago, its top executives Continue Reading
Chevron Corp. plans as much as $80 billion in dividends and share buybacks over the next five years, boosting distributions by 20% compared with the most recent pace of payouts Continue Reading
In the past three months, regulators appointed by President Donald Trump have disrupted ambitious plans to combat climate change in electric grids serving 85 million people in the U.S., from Continue Reading
Exxon Mobil on Tuesday outlined how it is reducing the methane its operations release into the atmosphere, detailing its efforts as governments around the globe write new rules to regulate Continue Reading
Airbus is reviewing its 2020 delivery targets, issued barely three weeks ago, as the global spread of coronavirus in recent days through Europe and into the US pushes the aviation Continue Reading
In a high-tech twist on hammering pickets into the ground, the U.S. State Department has helped launch an online tool aimed at staking America’s claim to many of the world’s Continue Reading
On her first day as head of the European Commission, Ursula von der Leyen stood in front of world leaders at the UN climate conference in Madrid and promised to make Continue Reading
Crude oil futures surged in mid-morning trade in Asia Tuesday as sentiment improved ahead of key discussions including a G7 global teleconference and the OPEC+ meet later in the week. Continue Reading
The new coronavirus appears to now be spreading much more rapidly outside China than within, and airports in hard-hit countries were ramping up screening of travelers. World Health Organization (WHO) Continue Reading
