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The Latest Breaking News from Michael Wirth

Big Oil embraces exploration outside of the Americas again as Chevron enters Libya

American Big Oil is returning to countries in the Middle East, Africa, and beyond to find new sources of oil and gas.

Fortune

An inflammatory diet could be hurting your sleep. What foods to avoid (and which to indulge in)

Those who eat more inflammatory foods sleep worse than those who eat less of them, according to a new study.

Fortune

Oil industry says Granholm meeting sends 'positive signal'

Groups representing the oil industry and refiners say a meeting with Energy Secretary Jennifer Granholm was productive and should send a signal to markets that the United States is committed to long-term investments in the oil and refining industry

The Independent UK

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Oil Stocks Drop As Biden Pushes For Gas Tax Holiday

Oil stocks were on the move Wednesday as crude oil prices pulled back from recent highs and U.S. President Joe Biden said he will push for a suspension of the federal gasoline tax.

Benzinga

Biden mocks oil companies for having ‘their feelings hurt so easily’

A Chevron executive had earlier accused the Biden administration of vilifying the oil and gas industry

The Independent UK

Biden to call for 3-month suspension of gas and diesel taxes

President Joe Biden is preparing to call on Congress to suspend the federal gasoline and diesel taxes for three months

The Independent UK

Biden calls on Congress to suspend federal gas tax

A three-month suspension of the tax will cost the government approximately $10 billion.

Axios

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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

Biden, Chevron chief trade sharp words over gas prices

In a pointed back and forth, the head of Chevron has complained that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.”

The Independent UK

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

No, Gas Prices Didn't Spike Because of 'Corporate Greed'

Corporations were just as greedy when prices fell in 2019 and early 2020.

Reason

Executives due at gas price hearing gave $1 million to parties, candidates

One CEO called to testify about high gas prices at a hearing Wednesday gave $469,000 since 1993, public records show.

People

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