Tag: Chevron
Chevron’s CEO calls for “action over pledges” to deliver on low...
(Bloomberg) --Fresh from overtaking Exxon Mobil as North America’s biggest oil company, Chevron Corp. has a “simple promise” to investors: higher returns and lower...
U.S extends Chevron’s stay in Venezuela to mid-2021
(S&P Global Platts) The US Treasury said on Tuesday that Chevron and top oilfield services firms can remain in Venezuela until June, extending a...
Another oil major moving to cut jobs
Chevron Corp employees worldwide are being asked to reapply for positions as part of a cost-cutting program expected to eliminate up to...
Exxon, Chevron earnings gutted by virus-driven demand slump
(Bloomberg) Exxon Mobil Corp. and Chevron Corp. posted the worst losses in a generation after the pandemic and a global crude glut combined to batter...
Chevron set to buy out Noble Energy for $5 billion in...
Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Noble Energy, Inc. (NASDAQ: NBL) to acquire all of...
Chevron’s cost-reduction measure may eliminate up to 15% of workforce
(Bloomberg) --Chevron is planning a 10% to 15% reduction in its global workforce this year, the biggest cut to headcount yet among global oil...
Qatar Petroleum inviting Exxon, Chevron and ConocoPhillips for JV gas talks
Qatar Petroleum will invite Exxon, Chevron and ConocoPhillips for talks to form a joint venture to expand gas production at the country's North Field,...
Petrochemical products at forefront of COVID-19 fight – Chevron CEO
Chevron Chairman and CEO Mike Wirth has described the petroleum industry as “ubiquitous and essential” in the fight against the COVID-19 pandemic which has...
Chevron, Exxon curtail production as US shut-ins set to double
US production of 616,000 barrels of oil per day (bpd) will be shut during May and 655,000 bpd during June as a result of...
Exxon, Chevron slam brakes on shale as oil demand tumbles
(Reuters) - Exxon Mobil Corp and Chevron Corp are slamming the brakes on oil output, as the top two U.S. producers plan for combined...