FTC Says Hess CEO Encouraged OPEC To Raise Prices, Bans Him From Chevron Board
Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of OPEC member states.'
Schumer Urges FTC To Halt Chevron-Hess $53B Merger Over Fear Of Gas Price Hike
Senate Majority Leader Chuck Schumer has urged the Federal Trade Commission (FTC) to intervene in Chevron Corp's proposed $53 billion acquisition of Hess Corp, citing concerns over potential gas price increases.
Booming Renewables, Lingering Fossil Fuels: 2024 Outlook For Energy Markets And Politics
Renewable energy is poised for a rebound in 2024, but higher oil prices will continue to make it difficult to quit fossil fuels. A crucial year looms.
Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup
ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.
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Venezuela's Guyana Annexation Referendum Leaves Region On Razor's Edge
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COP28 Makes Progress On Methane And Climate Finance; Talks Derailed By Fossil Fuel Phase-Out
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Big Oil Juggles Major Investments In Renewable Energy And Fossil Fuels
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ExxonMobil Expands Guyana Oil Production Ahead Of Schedule, Increasing Output By 50%
More news
Chevron Resumes Natural Gas Production In Offshore Israeli Field After Five-Week Pause
A key natural gas facility resumes production as energy providers in Egypt breathe a sigh of relief.
ExxonMobil's Arkansas Facilities Set To Start Battery-Grade Lithium Production In 3 Years
Exxon is poised to become the United States' first domestic lithium producer. Is this greenwashing or a sign of things to come?
Texas Proposition 7 Passes, Bolstering Electric Grid, Natural Gas Capacity
Texas voters approved a measure on Tuesday to allocate one-third of its $30 billion budget surplus towards natural gas power plants.
Chevron Reportedly Discusses 15-Year Extension For European LNG Supply
Chevron is in talks to extend its European natural gas supply contracts by 15 years, continuing the recent trend of oil and gas giants betting on the longevity of fossil fuels, according to Reuters.
Chevron's Profit Recovers From Second Quarter, Slumps From Last Year
Results are directly affected by fluctuations in global oil prices.
US Oil Giant Chevron To Buy Rival Hess For $53 Bn
US energy giant Chevron will buy its rival Hess for $53 billion in an all-stock deal, the companies announced in a joint statement on Monday.
Chevron Workers To End Australia Gas Plant Strike
Workers will end strike action at Chevron's gas plants in Western Australia, their union said Friday, accepting a deal proposed by Australia's industrial relations body.
Chevron In Discord With State Regulators Over Disclosure Of Their Oil Price Data
Regulators had threatened to fine Chevron if the data was not disclosed. Chevron responded by saying it began disclosing the data but needed more clarification.
US Economy: High Gas Prices Fuel Oil Companies Soaring Profits
U.S. oil giants ExxonMobil and Chevron reported surging profits amid soaring fuel prices.
Pioneer Natural In Talks To Buy Parsley Energy As Shale Oil Consolidation Intensifies
The merger would involve an all-stock deal and create a dominant player in the Permian Basin
Climate Change: How Microsoft Is Helping Oil Giants BP, Shell Meet Decarbonization Targets
BP, Shell and Microsoft have all set specific target dates for carbon neutrality
Despite Incurring Huge Losses, Exxon, Chevron, BP, And Other Oil Giants Still Pay Dividends
The COVID-19 pandemic has sapped energy demand, but oil companies committed to dividends
Major Investment Firm Dumps Exxon-Mobil, Chevron, Others For Opposing Climate Change Policies
Storebrand will block investments in companies that are not moving fast enough into renewable energy.
Friday’s Stock Market Close: US Equities Finish Higher As Dow Stages Rebound, Apple Boosts Nasdaq
US stocks were higher on Friday after blowout results from Amazon, Facebook, Google, Apple.
More Bad News For Big Oil: Exxon-Mobil, Chevron Post Huge Second Quarter Losses
COVID-19 pandemic continues to decimate global energy demand.
Monday’s Stock Market Close: US Equities Move Higher On Promising Vaccines, Amazon Boosts Nasdaq
US stocks rose on Monday as Chevron agreed to buy Noble Energy, the biggest energy merger since the pandemic began.
Monday’s Stock Market Open: US Equities Modestly Higher As EU Leaders Seek To Reach Recovery Fund Deal
US stocks slipped on Monday as Chevron agreed to buy Noble Energy
Chevron Agrees To Acquire Noble Energy For $5 Billion In Stock
The total enterprise value of the transaction, including debt, is $13 billion
Coronavirus Economy: Oil And Gas Companies May Lose $1 Trillion In Revenues This Year
The coronavirus pandemic and related lockdowns across the world will seriously eat into the revevue streams of oil and gas companies this year
Another Victim Of Low Oil Prices: Diamond Offshore Drilling Files For Bankruptcy
Diamond Offshore Drilling has voluntarily filed for bankruptcy protection.
Norway’s Equinor Slashes Dividends: Will Other Big Oil Companies Do Likewise?
Equinor became the first oil major to reduce its dividend
Occidental Petroleum Completes Acquisition Of Anadarko For $55 Billion
Anadarko shareholders overwhelmingly vote for their company's merger with Occidental Petroleum.
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