The Business Times

Chevron

ESG

Steel giants look into carbon capture hubs across Asia

A senior US State Department official said in a statement they could not speak about any specific licenses to PDVSA’s partners, but added the United States would not allow President Nicolas Maduro’s government to profit from the sale of oil.
Energy & Commodities

US prepares to allow limited oil operations in Venezuela, starting with Chevron, sources say

The reductions will take effect on Sep 26, according to the notice.
Energy & Commodities

Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals

The potential sales come as Chevron restructures globally to streamline operations and reduce costs, a process that could see it lay off up to 20 per cent of its workforce by the end of next year.
Energy & Commodities

Chevron seeks buyers for 50% stake in Singapore refinery: sources

Chevron announced plans to slash the global workforce in February in order to cut costs and simplify the business.
Energy & Commodities

Chevron to cut 200 jobs in Texas

Chevron exited Indonesia in 2023 when it divested its stakes in Indonesia Deepwater Development (IDD) after a change in the facility’s design stalled development.
Energy & Commodities

Chevron seeks big oil and gas blocks in Indonesia

The purchases “reflect Chevron’s continuing confidence in the consummation of the pending acquisition of Hess”, the company says.
Energy & Commodities

Chevron buys US$2.3 billion Hess stake on merger confidence

Chevron’s data centres are not expected to be connected to the grid and would be primarily powered by natural gas.
Energy & Commodities

Chevron advances plans to develop US data centres with power generation

Tax and royalty payments resulting from Chevron‘s license have provided a steady source of revenue to President Nicolas Maduro’s administration since early 2023, a source familiar with Venezuela’s oil industry said.
Companies & Markets

Trump axes Chevron‘s Venezuela oil license, citing lack of electoral reforms

“Our new organisational structure and leadership appointments are designed to improve our operational efficiency and position Chevron for sustained growth,” Chevron CEO Mike Wirth said in a statement.
Companies & Markets

Chevron reorganises business structure, reshuffles leadership

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