Chevron Won’t Cut Oil & Gas Business For Renewables
Unlike European supermajors, U.S. Chevron doesn’t have any plans to reduce its oil and gas business to invest in solar or wind power, chief financial officer Pierre Breber said at Continue Reading
Chevron Investors Back Climate Proposal in Rebuke to C-Suite
Chevron CEO Mike Wirth speaks with Bloomberg Television. Chevron Corp. shareholders voted for a proposal to reduce emissions from the company’s customers, the latest sign that oil titans are coming Continue Reading
Oil May Not Be Chevron’s Largest Business In 20 Years
While oil and gas will certainly be needed for decades to come, the oil and gas division may not be Chevron’s top business in 20 years, although it will still Continue Reading
Exxon-Chevron Tie-Up Not as Crazy as It Sounds
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DJ Says Exxon and Chevron Discussed Merger
The chief executive officers of Exxon Mobil Corp. and Chevron Corp. spoke last year about combining the two largest U.S. oil companies, Dow Jones reported, citing people familiar with the Continue Reading
Exxon, Chevron CEOs Discussed Merger
The chief executives of Exxon Mobil Corp. XOM -2.65% and Chevron Corp. CVX -4.29% spoke about combining the oil giants after the pandemic shook the world last year, according to people familiar with the talks, testing the waters for what Continue Reading
Chevron disappoints Wall St with third straight quarterly loss
US oil company Chevron slumped to its third straight quarterly loss, disappointing Wall Street and underlining the damage inflicted on even the industry’s biggest groups by the price crash. The second-biggest Continue Reading
Chevron Posts Quarterly Loss to Cap Worst Year Since 2016
Chevron Corp. CVX -4.29% posted its third consecutive quarterly loss Friday to close its worst year since 2016, as the global pandemic continues to weigh on the oil-and-gas industry and cloud hopes for renewed economic Continue Reading
Chevron bets on Middle East gas riches and reconciliation
After years of focusing on U.S. shale, Chevron Corp CVX.N is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long Continue Reading
Exxon’s Market-Value Crown in Energy Passes to Chevron, NextEra
Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more Continue Reading