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The Latest Breaking News from Chevron

Chevron to resume Venezuela oil output as US eases sanctions

The Biden administration granted Chevron a license to resume oil production in Venezuela after U.S. sanctions halted all drilling activities almost three years ago.

Tribune News Service

U.S. gives Chevron go ahead to pump oil in Venezuela again

The license signals an opening for other oil companies to resume their business in Venezuela.

Axios

Venezuela factions restart talks, eyeing sanctions relief

Venezuela’s battling political factions restarted negotiations on Saturday in Mexico, signing a rare deal to work together on a humanitarian spending plan and setting the stage for the U.S. to ease restrictions on Chevron to operate in the country.

Tribune News Service

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Venezuela's gov, opponents resume talks; US eases sanction

Venezuela’s government and its opposition have agreed to create a U.N.-managed fund to finance health, food and education programs for the poor, while the Biden administration eased some oil sanctions on the country in an effort to boost the newly restarted talks between the sides

The Independent UK

Biden eases Venezuela sanctions as opposition talks resume

The Biden administration is easing some oil sanctions on Venezuela in an effort to support newly restarted negotiations between the Venezuelan government and its opposition

The Independent UK

Tobacco companies can’t sponsor Australian arts. Should fossil fuel giants be banned too?

A 350.org database shows almost two dozen arts organisations are still reliant on mining money – but some are hunting for alternatives

The Guardian - AU

Checks and Balances November 2022

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

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Warren Buffett’s portfolio: Here are the stocks Berkshire Hathaway is buying or selling

Warren Buffett is arguably the world’s most famous investor, and his investment moves are closely followed. Each quarter, the company he runs, Berkshire Hathaway, discloses its current holdings to shareholders.

Tribune News Service

60 years of Chevron Thailand and its mission to provide cleaner energy

Looking back 60 years, when the petroleum exploration and production business was still new to Thailand, no one would not have imagined that you would see the growth of the Thai energy industry since the pioneering era. Until today, Thailand has been able to reduce its dependence on foreign energy…

Bangkok Post

Hunt for higher local gas supply

The state subsidy programme for electricity prices is not the only way to curb their rapid increase, which is partially driven by the import of costly liquefied natural gas (LNG).

Bangkok Post

Climate Activists Sit In At Department of Transportation Over Oil Exports

Deepwater terminals in the Gulf would fuel output and growth despite the Biden administration's promises of steep emissions cuts.

Texas Observer

Check Out What Whales Are Doing With CVX

Someone with a lot of money to spend has taken a bullish stance on Chevron (NYSE:CVX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Supreme Court Turns Down Opportunity to Reconsider Three More Precedents

Justices Thomas and Gorsuch have a much greater appetite for reconsidering prior precedent than the other justices do.

Reason

How US climate lawsuits could hold Big Oil accountable

If successful, a growing wave of lawsuits could force companies to pay for climate adaptation, experts say.

Al Jazeera

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Reason

Seven Reschedules, Four Relists, Zero Joins for Justice Gorsuch's Chevron Dissental

Justice Gorsuch is still at Step 0 of overruling Chevron.

Reason

Some Supreme Court Justices Want the Court To Tackle More Government Abuse Cases

Unfortunately, in five separate cases today, they're outnumbered.

StockNews.com

3 Big Reasons Why Oil Stocks Are No Longer a Buy

Oil stocks have been one of the few bright spots in the S&P 500 (SPY), during the doom and gloom of the 2022 bear market. However, that party could soon be coming to an end. Below I lay out 3 reasons why oil stocks are no longer a buy, plus…

The Guardian - AU

Almost a third of Australia’s large companies pay no income tax

Tax Office finds more than half major mining, energy and water companies paid nothing in 2020-21, a three-year high

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Los Angeles Times

Biden accuses oil companies of ‘war profiteering’ as he warns of excess profit penalties

WASHINGTON — President Joe Biden on Monday urged major oil companies to stop “war profiteering” and use record profits to boost domestic production as the White House looks to curb rising fuel prices ahead of the midterm election.

Benzinga

This Week, All Eyes On The Fed

Happy Halloween Everyone! I might dress up as Inverse Cramer tonight because I know everyone will give me their money. Cambiar a la suscripción paga

Benzinga

This Is What Whales Are Betting On Chevron

A whale with a lot of money to spend has taken a noticeably bullish stance on Chevron. Looking at options history for Chevron (NYSE:CVX) we detected 21 strange trades.

Benzinga

Exxon Mobil, Chevron Shares Continue Rally Following Q3 Earnings, But Which Oil Stock Do Wall Street Analysts Prefer?

U.S. oil majors Exxon Mobil Corp (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both reported impressive third-quarter numbers last week, with each company beating consensus earnings estimates by roughly 15%.

The Guardian - UK

LinkedIn has a fake profile problem – can it fix this blot on its CV?

Bogus users claiming to work for Apple and Amazon are doing serious reputational damage to the online service

Tribune News Service

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.

Benzinga

Looking At Chevron's Recent Whale Trades

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