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CHEVRON OIL NEWS
Chevron expands Venezuela presence with $7 billion plan to double oil output in five yearsChevron shares rose 0.51% to $212.13 on Wednesday as the oil major announced plans to invest more than $7 billion in Venezuela. The company...- US Army Secretary Dan Driscoll tenders resignation over rift with Pete HegsethU.S. Army Secretary Dan Driscoll has submitted his resignation amid escalating tensions with Defense Secretary Pete Hegseth, though the Whi...
- Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
- US billionaires are piling millions into Argentina's Shale boom, here’s what is driving itAmerican billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 bil...
- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
- White House set to extend Jones Act waiver as Trump hunts for cheaper gasolineThe White House plans to extend a Jones Act waiver to reduce gasoline prices. This waiver increases shipping flexibility and eases transpor...
- 'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American driversUS President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...
- Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for exportUS oil giant Chevron has made its first sale of Venezuelan crude oil to India's Reliance Industries. This marks the first time in about six...
- US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources sayValero Energy plans to import significant Venezuelan crude oil in March. This move could position Valero as the leading foreign refiner of ...
- The Venezuelan oil industry Trump is planning to revivePresident Donald Trump said Venezuela’s oil industry could become profitable again with backing from the United States, after U.S. forces c...
- Video: Massive blaze at Chevron refinery engulfs California sky in orange: Los Angeles residents say ‘thought we got nuked'A massive fire erupted at a Chevron oil refinery in El Segundo, Los Angeles, on Thursday night following a suspected explosion. Towering fl...
- 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 ...
- Kazakhstan's oil output down in early April, still above OPEC+ quota, source saysKazakhstan's oil output experienced a decrease in early April compared to the March average, primarily due to reduced production at the Ten...
- Secret Biden deal allowed Chevron to pay Venezuela millionsThe Biden administration covertly allowed Chevron to pay millions to Venezuela's government despite sanctions. This arrangement, under a 20...
- US oil company APA laid off nearly 15% of staff in January, FebruaryU.S. oil producer APA has confirmed laying off nearly 300 employees globally as part of its cost-cutting plans. The layoffs, announced in J...
- Oil gains after Trump cancels Chevron's Venezuela licenseOil prices rebounded slightly after President Donald Trump reversed Chevron's license to operate in Venezuela, affecting a quarter of the c...
- Exxon in talks to pay over $250 per share for PioneerAn all-stock deal could be announced as soon as Wednesday, the person said.
- US stocks head higher in face of more grim inflation newsInvestors were buoyed by positive earnings news out of technology giants Apple and Amazon, as well as oil giants Exxon and Chevron.
- Chevron Q1 profit up 10% at $5.17 bnAstounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks.
- RPL market-cap shoots past Indian Oil's by 25%Company's m-cap is three times the combined m-cap of HPCL, BPCL and10 times bigger than Essar Oil's. The Global Indian Takeover
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