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The Latest Breaking News from Chevron

SNP 'more extreme' on oil and gas than Donald Trump, say campaigners

THE SNP have a “more extreme” position on oil than Donald Trump, according to an environmental pressure group.

The National (Scotland) · Aug 5

White House set to extend Jones Act waiver as Trump hunts for cheaper gasoline

The White House plans to extend a Jones Act waiver to reduce gasoline prices. This waiver increases shipping flexibility and eases transport bottlenecks for fuel. President Trump is increasing pressure on oil companies to lower prices for consumers. Critics argue the waiver benefits foreign operators and undermines domestic maritime interests.…

The Economic Times · Aug 5

Trump Attacks Exxon and Chevron Over $26.5B War Profits While 54% of Voters Blame Him for $4 Petrol

Trump, Exxon, and Chevron row explained: learn how record earnings during the conflict became a fight over the cost of filling a tank.

International Business Times UK · Aug 5

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'White House Set To Extend Jones Act Waiver As Trump Hunts For Cheaper Gasoline' - Reuters Exclusive

WASHINGTON/HOUSTON, Aug 4 (Reuters) - The White House is expected to extend a waiver of the century-old Jones Act in the coming days, sources say, reaching for one of the few tools it has to try and hold down gasoline prices as President Donald Trump escalates his attacks on Exxon…

Benzinga · Aug 4

Revealed: major oil firms make $93bn profits amid war and climate crisis

Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage

The Guardian - UK · Aug 4

Big Oil profits surge as Iran war keeps energy prices elevated

European and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four percent year-on-year. American energy companies also posted enormous profits last week. Consumers face higher costs for fuel and air travel globally. Oil prices have recently fallen after potential diplomatic progress.

The Economic Times · Aug 4

Big oil companies continue to post banner profits as fighting in Iran drives costs higher

Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher

The Independent UK · Aug 4

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The Iran War Continues Keeping Energy Markets On Edge. Saudi Aramco Profits Are Jumping.

Saudi Aramco reported a 33% jump in second-quarter profit as higher oil prices driven by the Iran conflict boosted revenue, with the company highlighting the role of its East-West pipeline in keeping exports flowing despite disruptions around the Strait of Hormuz.

International Business Times · Aug 4

Blame Game

Plus: Surveillance for babies, using endowments to keep lights on, and more...

Reason · Aug 4

BP profit doubles to $5.7bn as war between US and Iran drives up oil prices

The five majors, BP, Shell, ExxonMobil, Chevron and TotalEnergies, together made about $46bn between April and June

The Independent UK · Aug 4

Trump Blasts Exxon, Chevron Over $26B Iran War Windfall, Vows They'll 'Give Some Back'

Donald Trump criticises major oil companies for profiting from the Iran conflict, urging them to reduce consumer prices as Americans face rising fuel costs ahead of midterm elections.

International Business Times UK · Aug 4

First Thing: Trump chastises oil companies for ‘making too much money’ from his Iran war

US president takes aim at profits as oil companies worldwide benefit from US-Iran conflict

The Guardian - UK · Aug 4

Trump accuses oil companies of ‘making too much money’ from his war on Iran

US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’

The Guardian - UK · Aug 4

Oil profits boom on ‘war bonus’ as Trump blasts energy giants for ‘making too much money’ - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Aug 4

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The Economic Times · Aug 4

'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American drivers

US President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumers. The oil companies defended their actions by attributing price hikes to global market trends. Both firms showcased robust quarterly earnings driven by soaring oil prices, which raises political stakes…

Benzinga · Aug 4

Chuck Schumer Says Iran War a 'Gift' to Trump's 'Big Oil' Friends Who Bankrolled His Campaign: 'One Promise He Actually Delivered On' (CORRECTED)

Editor’s Note: The headline of this story has been updated to correct an error in the original version.

Bangkok Post · Aug 3

Chevron launches high-speed boat to transport oil workers

Chevron Thailand Exploration and Production is enhancing its offshore petroleum operations by deploying the world's first trimaran crew vessel to transport workers to drilling platforms in the Gulf of Thailand.

International Business Times · Aug 3

Average Gas Prices Remain Above $4. Trump Is Again Calling On Major Gas Companies To Lower Prices

Average gas prices continue above $4 a gallon in the U.S., according to AAA.

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Benzinga · Aug 3

Trump Warns Oil Executives: 'Get Your Retail Prices Down, NOW!'

President Donald Trump escalated his pressure campaign on the energy sector Monday, posting on Truth Social that oil companies must “get your consumer (retail!) Oil Prices DOWN, NOW!”

The Economic Times · Aug 3

Trump hails Chevron's comeback, tells oil firms: 'Get your consumer (retail) oil prices down, now'

Donald Trump stated his administration's policies fueled Chevron's success and growth. He highlighted the company's return to Venezuela as a significant achievement. Trump urged energy companies to reduce consumer fuel prices immediately. He believes the oil industry would have failed without his administration's strength. The former president emphasized lower energy…

Barchart · Aug 3

Chevron Stock Moves Higher on Strong Results -Shorting CVX Puts and Calls Works Here

Chevron stock rose Friday on strong Q2 results. If oil and gas prices stay elevated, CVX stock could be undervalued. Shorting out-of-the-money CVX puts and calls is an attractive play here.

Fortune · Aug 3

Current price of oil as of August 3, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Euronews · Aug 3

Major oil companies reap profits as US-Iran fighting drives energy prices higher

Oil and gas giants raked in massive spring profits while fighting between Iran and the US impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.

The Economic Times · Aug 3

Iran war ushers in oil refining golden era. It won't last

War-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the windfall may prove temporary as capacity returns and energy transition pressures re-emerge.

Benzinga · Aug 3

Hunter Biden Says Trump Is Making 'Big Oil' Great Again as Chevron, Exxon Mobil Profits Soar—Gavin Newsom Says CVX Is 'Fleecing Californians'

Former President Joe Biden‘s son Hunter Biden and Gov. Gavin Newsom (D-CA) slammed Chevron Corp. (NYSE:CVX) and ExxonMobil Holdings Corp. (NYSE:XOM), accusing the oil giants of profiting from the war in Iran.

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