Chevron

Chevron could see US$700 million-a-year boost from Venezuelan oil

The country is an attractive long-term opportunity for Big Oil

US oil executives are expected to press President Trump on providing strong legal and financial guarantees before they agree to commit capital to Venezuela, FT said.

US oil companies say they need guarantees to invest in Venezuela: FT

US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets, the Financia...

Chevron is the only US oil major operating in Venezuela, which it does under an authorisation from the US government that exempts it from sanctions on the country.

Chevron in talks with US government for expanded Venezuela license: sources

Washington also wants other US companies to be involved in oil exports from the country

Chevron is the only Western firm allowed to produce and export crude oil in Venezuela amid American sanctions.

Chevron lines up 11 ships as Venezuela’s dark fleet vanishes

Tankers of the shadow fleet typically turn off or spoof their transponders to disguise their location

The company expects strong cash generation to continue, even with lower oil prices, because of increased capital efficiency and growth in high-margin assets.

Chevron tops Q3 earnings estimates with record production after Hess deal

Adjusted earnings for the three-month period ended Sep 30 were US$3.6 billion or US$1.85 per share

(From left) Michiel Hovers of BHP, Dr Arvind Bodhankar of Arcelor Mittal Nippon Steel India, Alice Flesher of Chevron, Kim Yong-hee of Hyundai Steel, Prabodha Archarya of JSW Steel, Ken Yasuhara of Mitsui & Co and Jan Kwak of Hatch at the MOU signing on Aug 7.

Steel giants look into carbon capture hubs across Asia

Pre-feasibility study, to conclude by end-2026, marks rare cross-industry collaboration

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.

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

[HOUSTON] The United States is preparing to grant new authorisations to key partners of Venezuela’s state-run PDVSA, starting with Chevron, to allow them to operate with limitations in the sanctioned ...

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

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

[BENGALURU] Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing revealed on Wednesday (Jul 23).