The company’s record profit a year earlier was driven by a surge in oil prices after Russia’s invasion of Ukraine.
Category: Chevron Corporation
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An American Energy Giant Sees Israel as a Springboard to Europe
Chevron finds itself with an abundance of natural gas on Europe’s doorstep. Amid competing regional interests, the question is how to develop it.
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Donald Trump’s Latest Indictment May Reshape the 2024 Race
The former president, who faces seven criminal charges for mishandling classified documents, is expected to surrender to authorities next week.
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As Iran Seizes Tankers, U.A.E. Pulls Back From U.S.-Led Maritime Force
The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.
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Investors See Hope for a Debt Limit Deal
Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.
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The Head Spinning Reality of Venezuela’s Economy
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding scarcity has increasingly become one of haves and have-nots.
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Oil Giants, After Surge in Profits, Are Wary About Spending
Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is already fading.