Tag:
Chevron
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,...
Energy News
Chevron posts steep decline in Q2 profit due to lower margins
Chevron has reported earnings of $6.0 billion for second quarter 2023, compared with $11.6 billion in second quarter 2022 primarily due to lower upstream...
Energy News
Chevron announces leadership changes and enhances retirement age to CEO
Energy major Chevron revealed significant senior leadership changes and an important waiver of the mandatory retirement age for Chairman and Chief Executive Officer, Mike...