The Supreme Court will hear arguments on Wednesday over whether to overturn a key precedent on the power of executive agencies.
Category: Chevron Corporation
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2024 M&A Outlook After a Rough Year for Deal Makers
Next year’s biggest headwinds for deal making will be “geopolitics, geopolitics and geopolitics,” says Viswas Raghavan, the co-head of global investment banking at JPMorgan Chase.
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In a Warming World, Clean Energy Stocks Fall While Oil Prospers
The market is focused on making money now and isn’t heeding urgent warnings about climate change, our columnist says.
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Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
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Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal
The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels.
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Natural Gas Prices Rise on Israel Concerns and Finland Pipeline Leak
Europe has largely disconnected from Russian gas supplies but remains heavily dependent on imported fuel, exposing it to unexpected disruptions.
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Chevron Shuts Down Natural Gas Platform Near Gaza Strip
The U.S. energy company temporarily closed operations at its Tamar natural gas field, which is about 12 miles from the Gaza Strip, at Israel’s request.
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Israel-Gaza Conflict Could Slow Natural Gas Investment in Area
The fighting could hurt ambitions of Israel and the wider region, which have received a lift from Chevron to become a hub for exporting natural gas to Europe and elsewhere.
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California Sues Oil Giants, Claiming Decades of Deception
Launching one of the most prominent climate lawsuits in the nation, the state claims Exxon, Shell, BP and others misled the public and seeks creation of a special fund to pay for recovery.
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Australian Workers at Three Energy Plants Halt Work
The labor action at liquefied natural gas plants, responsible for about 6 percent of the world’s supply of the fuel, came as talks over pay and work conditions stalled.
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Exxon Reports Leaner Earnings in Second Quarter
The company’s record profit a year earlier was driven by a surge in oil prices after Russia’s invasion of Ukraine.