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The Latest Breaking News from Chevron Corp

Chevron suspends production at stricken oil field

Production at the Benchamas oil field in the Gulf of Thailand was suspended immediately after an accident last week and remains offline, US oil giant Chevron Corp said in a statement on Monday.

Bangkok Post

Navy rushes to prevent oil spill in Gulf

Authorities on Thursday were working to avert a leak from a storage vessel carrying 400,000 barrels of crude oil in the Gulf of Thailand off Chon Buri.

Bangkok Post

Exxon, Chevron reap $31 billion profit from energy crunch

Exxon Mobil Corp. and Chevron Corp. amassed more than $30 billion in combined net income as politicians blast Big Oil for raking in massive profits at a time when consumers are struggling with soaring inflation and energy shortages worldwide.

Tribune News Service

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US could ease Venezuela sanctions, allow Chevron to pump oil: WSJ

Biden administration preparing to ease sanctions if Caracas takes steps towards restoring democracy, report says.

Al Jazeera

Exclusive-Venezuela's opposition seeks U.S. consultations on Chevron license

Venezuelan opposition leader Juan Guaido asked the United States for details of Chevron Corp's expanded license request to operate in the South American country, according to a letter sent to a senior U.S. official on Monday that also asked to be consulted before any U.S. decisions.

Reuters

Restoring Chevron operations in Venezuela depends on U.S. -minister

Progress in relaunching oil major Chevron Corp's operations in Venezuela under U.S. sanctions on the country depends on licenses from Washington, Venezuelan oil minister Tareck El Aissami said on Tuesday.

Reuters

Exxon, Chevron Post Record Revenues

The two largest US oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue in Q2 2022 on Friday. With crude surging above $100 a barrel shortly after the Russian invasion on Ukraine, and refining margins climbing due to tight plant capacity, ExxonMobil reported $17.9 billion in profits and…

Asharq Al-Awsat

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Oil giants report record profits

The two largest US oil companies, Exxon Mobil and Chevron Corp, reported record revenue and profits on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier.

Bangkok Post

Joe Biden Calls Chevron CEO 'Sensitive,' Invites Target Chief's Ire Amid Gas Price Debate

Joe Biden's spat with American corporate executives intensified this week as he traded barbs with the CEO of Chevron Corp (NASDAQ: CVX), while Target Corp's (NYSE: T

Benzinga

Egypt: US Chevron to Drill First Exploration Well in Eastern Mediterranean

Egypt’s state-owned gas company and United States-based Chevron Corp signed on Monday a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export, the petroleum ministry stated on Monday. The memorandum of understanding signed by Egyptian Natural Gas Holding Company (EGAS) and Chevron…

Asharq Al-Awsat

Walmart Expands Transportation Partnerships To Reduce Emissions

Walmart Inc (NYSE:WMT) said it is transforming its transportation fleet through collaborations with manufacturers of three different fuel types – renewable natural gas, hydrogen, and electric. The retail giant will partner with Cummins Inc (NYSE:CMI) and will receive new 15-liter Natural Gas Engines and add them to a few of its trucks. It has also…

Benzinga

JPMorgan Downgrades Chevron, But This Investor Doesn't See Good Reason To Sell The 'Juggernaut'

Chevron Corp (NYSE: CVX) was featured as the call of the day Friday on CNBC's "Fast Money Halftime Report."

Benzinga

Why Chevron And Marathon Petroleum Shares Are Trading Higher Today

Shares of energy and oil companies, including Chevron Corp (NYSE: CVX) and Marathon Petroleum Corp (NYSE: MPC), are trading higher Tuesday amid continued strength in oil prices in the wake of Russia's

Benzinga

Why Renewable Energy Group Shares Are Soaring Today

Renewable Energy Group Inc (NASDAQ: REGI) is trading significantly higher Monday after Chevron Corp (NYSE: CVX) announced an agreement to acquire the company.

Benzinga

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Bangkok Post

Thailand seeks control of Myanmar gas project

PTT Pcl, Thailand's state-controlled energy company, is bidding to take control of Myanmar's Yadana gas field after TotalEnergies SE and Chevron Corp exited the country to protest against the junta's continued violence against civilians since the military coup.

Bangkok Post

PTTEP mulls Myanmar after partners pull out

PTT Exploration and Production Plc (PTTEP) plans to announce next month its move after the withdrawal of its partners -- Total Energies and Chevron Corp -- from the Yadana gas production project in Myanmar.

Bangkok Post

PTTEP seen taking over big Myanmar gas field as majors exit

PTT Exploration and Production Plc (PTTEP) looks set to take over Myanmar's biggest gas field, as TotalEnergies and Chevron Corp exit in the wake of last year's coup in the Southeast Asian state, analysts say.

Bangkok Post

Two oil majors to exit Myanmar

The oil majors TotalEnergies and Chevron Corp, partners in a major gas project in Myanmar, have decided to withdraw from the country, they said on Friday, citing the worsening humanitarian situation following last year’s coup.

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