Venezuela claims to have more than 300 billion barrels in the ground, but it is only producing about one million barrels a day.
Category: Chevron Corporation
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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.
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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.
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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.
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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.
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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.
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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.”
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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.
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Chevron Wins Green Light to Buy Into One of World’s Hottest Oil Projects
An arbitrator cleared the way for Chevron to buy Hess, allowing the energy giant to acquire a piece of one of the most promising oil projects in the world.
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Oil Companies Are Sued Over Death of Woman in 2021 Heat Wave
Experts said it is the first wrongful death case targeting fossil fuel companies over their role in global warming.