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MIKE WIRTH
Trump hails Chevron's comeback, tells oil firms: 'Get your consumer (retail) oil prices down, now'Donald Trump stated his administration's policies fueled Chevron's success and growth. He highlighted the company's return to Venezuela as ...- Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
- Strait of Hormuz ship transits are rising thanks to help from USShipowners are showing increased optimism for traffic through the Strait of Hormuz, with US forces providing navigational advice to vessels...
- IMF chief Georgieva warns of 'much worse outcome' if conflict drags into 2027, oil hits $125Global economy faces a grim future if the Middle East conflict continues until 2027. IMF chief Kristalina Georgieva warns of significantly ...
- Oil eases on signs US is loosening Iranian closure of Strait of HormuzOil prices saw a dip on Tuesday. This followed a significant rise after the U.S. Navy began operations to reopen the Strait of Hormuz. A U....
- High oil and gas prices could outlast Trump's war with IranThe war with Iran is causing oil and gas prices to surge globally. President Trump believes prices will fall rapidly once the conflict ends...
- Big oil's complicated calculus for investing in VenezuelaPresident Donald Trump has clashed with major US oil companies over investment plans in Venezuela, saying he may block Exxon Mobil after it...
- No quick wins in tapping Venezuela's oil reservesDespite U.S. intervention, Venezuela's crude output faces years of stagnation due to mismanagement and infrastructure decay. Foreign invest...
- Who attended Trump's dinner for the Saudi Crown Prince?President Donald Trump welcomed Saudi Crown Prince Mohammed bin Salman to the White House for a black-tie dinner. The event saw prominent f...
- Chevron share rises as it clinches Hess acquisition after winning Exxon legal battleChevron closes Hess acquisition after winning a legal fight with Exxon Mobil, securing its $55 billion deal and gaining access to Guyana’s ...
- Chevron wins Exxon battle over Guyana oilfieldChevron is set to finalize its $53 billion acquisition of Hess after winning a legal dispute with Exxon Mobil over access to the Stabroek B...
- Trump to unveil $70 billion in AI and energy investmentsTrump is expected to share details of the new initiatives at an event outside Pittsburgh, according to an administration official, who spok...
- US envoy leaves Venezuela with six Americans after meeting MaduroU.S. envoy Richard Grenell returned with six American citizens after a meeting with Venezuelan President Nicolas Maduro. Grenell confirmed ...
- As crude fades, Big Oil must borrow to pay investorsFour of the five supermajor oil companies are likely borrowing to fund $15 billion in share buybacks due to weakening crude prices and refi...
- India will contribute to 35% of global energy demand in next 2 decades: Puri at GastechIndia will account for 35% of the global increase in energy demand over the next two decades, according to Minister Hardeep Puri at the Gas...
- Goldman Sachs says oil’s going back to $100 as rally buildsWith prices advancing by more than 30% since mid-June to breach $95 a barrel on Tuesday, Goldman Sachs nudged up its 12-month forecast for ...
- Oil's rally gathers pace as Brent pops above $95 a barrelGlobal benchmark Brent topped $95 a barrel for the first time since November. The tighter market has ignited a flurry of predictions that $...
- Oil rises for sixth week as growing chorus predicts $100 priceWest Texas Intermediate rose 2% for the week as robust demand tightened global markets. As supply remains constrained, a chorus of Wall Str...
- US oil pushes ‘clean shale’ as Biden mounts climate attackThe Biden administration has made swift moves to pause sales of oil and gas leases on federal land, cancel the Keystone XL pipeline and exp...
- US oil boom vs Europe's renewable focus? Big Oil's gap widens- in wordsWorld crude oil and natural gas production is running at an all-time high, bolstered by big increases in recent years in the United States,...
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