Chevron Doubles Down on Renewable Natural Gas
Chevron Corp. is doubling down on its plan to turn cow manure into renewable natural gas. The oil major formed a joint venture with waste solutions manager Brightmark LLC to Continue Reading
Chevron Overtakes Exxon Mobil as America’s Largest Oil Company
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
Norway’s Biggest Private Money Manager Exits From Exxon, Chevron Over Climate Change
The investment firm, a unit of insurer Storebrand ASA with around $91 billion under management, said Monday it sold off more than $47 million in 21 companies and excluded another Continue Reading
Chevron Keeps Drilling for Oil as Its Rivals Embrace Renewables
Speaking to the Texas Oil & Gas Association in July, Chevron Corp. Chief Executive Officer Mike Wirth assured his audience that the global clamor for clean energy “doesn’t mean the end of Continue Reading
Chevron posts $8.3 billion loss on writedowns, job cuts
Chevron Corp on Friday reported an $8.3 billion quarterly loss, its largest in at least three decades, and joined rival oil producers in writing down billions of dollars in assets Continue Reading
Chevron buys East Med gas producer, shale driller Noble Energy for $5 billion
Chevron’s $5 billion bid for Noble Energy July 20 moves the major into both the East Mediterranean gas sector and the US’ Denver-Julesburg Basin at a time of uncertainty in Continue Reading
Chevron Plans Massive Workforce Reduction
Chevron Corp has plans to cut between 10 percent and 15 percent of its workforce as crude oil prices remain stubbornly low amid the coronavirus pandemic and oversupply. With oil Continue Reading
Chevron to cut output up to 300,000 boe/d in May, more to come
Chevron has so far curtailed a relatively small amount of its oil and gas production due to low crude prices and dwindling demand from the global coronavirus pandemic, but bigger Continue Reading
Chevron announces spending cuts and halts buyback programme
US oil group Chevron is to make sweeping cuts to its spending plans for this year and will abandon its $5bn share-buyback program, saying the move would protect its dividend Continue Reading
U.S. discussing non-renewal of Chevron’s Venezuela waiver, moves to cut oil trade – sources
The U.S. government is preparing to impose new measures as soon as next week to stifle Venezuela’s oil exports, including a move not to renew Chevron Corp’s ( CVX.N ) Continue Reading