Tag:

Chevron

Chevron Announces Massive Non-Cash Writedowns and Challenges in California Operations

Chevron revealed on Tuesday its intention to take significant non-cash writedowns relating to U.S. oil and gas production, notably in California, and expenses for...

Chevron Announces $19.5 bn Spending Plan for New Oil and Gas Projects in 2024

Chevron has revealed its bold intentions for the upcoming year, projecting a substantial increase in capital expenditure to fuel new oil and gas ventures. The...

Chevron’s Q3 Profit Falls to $6.5 bn Due to Lower Margins on Refined Product Sales

Chevron, one of the world’s leading oil companies, has reported earnings of $6.5 billion in the third quarter, a notable decline from the $11.2...

Chevron Reveals $53 bn Deal to Buy Hess Intensifying Competition with Exxon

In a significant move within the U.S. oil and gas industry, Chevron has revealed its plans to acquire Hess Corporation in a massive $53...

Chevron Acquires Majority Stake in Advanced Clean Energy Storage Project

Chevron has acquired a majority interest in ACES Delta, the entity responsible for developing the Advanced Clean Energy Storage (ACES) project located in Delta,...

Chevron posts steep decline in Q2 profit due to lower margins

Chevron has reported earnings of $6.0 billion for second quarter 2023, compared with $11.6 billion in second quarter 2022 primarily due to lower upstream...

Chevron announces leadership changes and enhances retirement age to CEO

Energy major Chevron revealed significant senior leadership changes and an important waiver of the mandatory retirement age for Chairman and Chief Executive Officer, Mike...

Chevron to sell oil and gas properties in New Mexico and Texas

Chevron, one of the leading oil and gas companies in the United States, is planning to sell off several of its oil and gas...