Tag:

Chevron

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...

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,...

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...

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...

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...

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...

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...

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,...