Category: Chevron Corporation

How Nicolás Maduro’s Capture Could Reshape the Global Order

The U.S. seizure of Venezuela’s president has governments, executives and investors bracing for wide-reaching business and geopolitical fallout.
Trump’s Goals for Reviving Venezuela’s Oil Industry Will Not Come Easily or Cheaply

It will take years and billions in investment to revitalize Venezuela’s oil industry, and energy producers will likely be cautious before stepping in.
The Venezuelan Oil Industry Trump Is Planning to Revive

Venezuela claims to have more than 300 billion barrels in the ground, but it is only producing about one million barrels a day.
How Kazakhstan Aims to Tap More Oil Riches Below Its Grassy Plains

After spending nearly $50 billion to expand the country’s Tengiz oil field, Chevron and its partners encounter more uncertainty.
Israel Approves $37 Billion Deal to Deliver Gas to Egypt

Israel’s granting of an export permit is the final step to allow the deal, first announced by energy companies in August, to proceed.
A Seized Oil Tanker and the Big Business of Dark Fleet Smuggling

The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.
Here’s Who’s Attending Trump’s Dinner for the Saudi Crown Prince: Elon Musk, Cristiano Ronaldo and more.

The New York Times identified some of the guests invited to President Trump’s dinner for Crown Prince Mohammed bin Salman of Saudi Arabia.
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.
What Would It Cost to Rebuild Gaza?

A fragile cease-fire between Israel and Hamas is stoking hopes for a surge in investment in the region, and the Middle East more broadly.
The Biggest U.S. Oil Companies Are Eliminating Thousands of Jobs

ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent.
Chevron’s Boss Says the World Will Need Oil for a ‘Long, Long Time’

Mike Wirth, who has seen many booms and busts over the more than 40 years he has been with the energy giant, said that “when the world stops using oil and gas, we’ll stop looking for it.”
Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’

The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.