Lower profits at US oil giants still mighty enough for big investor payouts
EXXONMOBIL and Chevron reported lower but still strong profits on Friday (Feb 2), as they push ahead with hefty shareholder payouts and...
Chevron beats Q4 estimates, but annual profits fall nearly 40%
CHEVRON on Friday (Feb 2) beat analysts’ earnings estimates and increased dividends on higher oil and gas production, after a year of...
Chevron to take up to US$4 billion impairment hit in Q4
CHEVRON said on Tuesday (Jan 2) it would record an impairment to a portion of its US upstream assets, primarily in California...
Chevron increases project spending budget for 2024
OIL major Chevron Corp said on Wednesday that it expects 2024 capital expenditure between US$18.5 billion and US$19.5 billion in 2024, a...
Chevron, ExxonMobil opt out of funding COP28 methane-reduction fund
SIX major oil companies each contributed tens of millions of US dollars to a grant fund meant to help state-owned rivals cull...
Indonesia’s Pertamina, Chevron agree to share data to develop carbon storage facility
INDONESIAN state oil company Pertamina signed agreements with US oil company Chevron to share data aimed at developing a carbon capture facility...
Chevron profit falls shy of estimates on refining weakness
CHEVRON fell short of analysts’ expectations amid weak returns from its overseas refineries as the oil giant moves closer to the US$53...
Chevron to buy Hess for US$53 billion in latest oil megadeal
CHEVRON agreed to buy Hess for US$53 billion, the latest major US oil takeover as the industry bets on an enduring future...
Israel orders shutdown of key gas field run by Chevron as war rages
ISRAEL ordered the shutdown of a major gas field run by Chevron in the eastern Mediterranean, citing safety concerns as fighting between...
Australia LNG workers to resume strikes, fuelling price gain
WORKERS at Chevron liquefied natural gas facilities in Australia plan to resume strikes, threatening global supplies just as Europe and Asia approach...