Tag:
Chevron
Renewable Energy
Will Chevron reveal returns from investment in renewables?
Chevron has posted a profit of $5.5 billion in the quarter ended on March 31, down from $6.57 billion from a year ago.
Chevron CEO Mike...
Energy News
Chevron CEO’s Pay Surges Amidst Widening Compensation Gap
In a recent securities filing, it has been revealed that Chevron’s CEO, Michael Wirth, received a substantial pay increase in 2023, reaching $26.5 million,...
Energy News
Chevron Reports $15.8 bn Capex for 2023 Despite Industry Challenges
Chevron, the second-largest U.S. oil producer, said Capex in 2023 rose 32 percent to $15.829 billion from $11.974 billion in 2022.
The increase in the...
Energy News
Chevron Announces Massive Non-Cash Writedowns and Challenges in California Operations
Chevron revealed on Tuesday its intention to take significant non-cash writedowns relating to U.S. oil and gas production, notably in California, and expenses for...
Energy News
Chevron Announces $19.5 bn Spending Plan for New Oil and Gas Projects in 2024
Chevron has revealed its bold intentions for the upcoming year, projecting a substantial increase in capital expenditure to fuel new oil and gas ventures.
The...
Energy News
Chevron’s Q3 Profit Falls to $6.5 bn Due to Lower Margins on Refined Product Sales
Chevron, one of the world’s leading oil companies, has reported earnings of $6.5 billion in the third quarter, a notable decline from the $11.2...
Energy News
Chevron Reveals $53 bn Deal to Buy Hess Intensifying Competition with Exxon
In a significant move within the U.S. oil and gas industry, Chevron has revealed its plans to acquire Hess Corporation in a massive $53...
Energy News
Chevron Acquires Majority Stake in Advanced Clean Energy Storage Project
Chevron has acquired a majority interest in ACES Delta, the entity responsible for developing the Advanced Clean Energy Storage (ACES) project located in Delta,...