Chevron Meets Wall Street Profit Expectations in Q1 Amid Refining Sector Recovery – News and Statistics
May 2, 2025 Chevron has announced its first-quarter earnings, aligning with Wall Street expectations, as the company experiences…
Venezuela Loses 20% Of Oil Exports After Cargo Cancellations to Chevron
May 1 (Reuters) – Venezuela’s oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the…
Energy Markets in 2025: Oil, Uncertainty and the Global Shift to Renewables
An oil supertanker navigates crowded waters with tugboat assistance—an image of global energy in 2025: oversized, slow to…
Time to Rethink Occidental Petroleum; Here Are 2 High-Yield Energy Alternatives
Occidental Petroleum (NYSE: OXY) has a big-name shareholder in the form of Warren Buffett’s Berkshire Hathaway. That has…
Texas upstream employment slips in March, TIPRO reports; Permian output still strong
(WO) — Texas upstream oil and gas employment declined in March as market volatility continues to impact hiring…
Chevron announces first oil at Ballymore project in US Gulf
By Sheila Dang HOUSTON (Reuters) -Chevron has started oil and gas production from a project in the U.S.…
Oil Majors Could Soon Face a Litany of Environmental Lawsuits
U.S. oil major Chevron has been ordered to pay $745 million over Louisiana wetland damage caused by its…
PDVSA Revokes Authorization for Chevron to Export Venezuelan Oil
Venezuelan state-owned oil firm PDVSA has revoked authorizations to U.S. supermajor Chevron to load and export crude from…
Chevron Ordered to U-Turn Venezuela Oil Ahead of Sanctions
(Bloomberg) — Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de…
Exclusive-Venezuela’s PDVSA suspends oil loading authorizations to Chevron, sources say
By Arathy Somasekhar HOUSTON (Reuters) -Venezuela’s state oil company PDVSA has canceled several authorizations it had granted U.S.-based…
Trump’s Tariffs Are a Catastrophe for Oil
President Donald Trump campaigned on a promise to “drill, baby, drill” and help the American oil and natural…
Caspian oil pipeline consortium readies for court battle in Russia over stoppage order
Other OPEC+ members including Saudi Arabia have been also pressing Kazakhstan to cut production to meet its quotas.…