Chevron


All posts for Chevron

Oil price plunge wallops New Mexico

BY KEVIN ROBINSON-AVILA / Albuquerque JOURNAL STAFF WRITER Published: Monday, March 9th, 2020 at 10:02pm Copyright © 2020 Albuquerque Journal New Mexico's oil boom could soon turn to bust after world prices for crude crashed on Monday. The price for U.S. benchmark West Texas Intermediate b ...

Will Fine


Posted 22 days agoOpinion > RussiaRussian marketOPEC +85

Wrapping Up The Decade - Q419 Financials Of Oil Majors

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 1 month agoLink > BPShellTotal +4

GM at Chevron confirmed as keynote speaker for Reuters Events annual Data Driven Drilling & Production Conference 2020

HOUSTON, January 29, 2020 – Upstream Intelligence – part of Reuters Events - announced the keynote speaker confirmed for their Data Driven Drilling and Production Conference. Bringing her definitive 2020 vision for upstream oil & gas' digital makeover, Chicovia Scott, GM of Digital Innovation & Acc ...

Louis Fentener


Posted 2 months agoPress > upstreamDrillingdata +5

ModuResources successfully supports Chevron Australia during the acceptance of the Transocean KG-2 Drillship for the Gorgon Stage 2 project.

ModuResources successfully supports Chevron Australia during the acceptance of the Transocean KG-2 Drillship for the Gorgon Stage 2 project. According to Chevron Australia's Drilling Department, the successful start-up of the KG-2 was a key milestone for their deep-water drilling campaign. Quot ...

Martin Struik


Posted 3 months agoPress > ChevronAustraliaTransocean +2

The State of the Industry: Q2 2019

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan


Posted 7 months agoLink > ShellExxonMobilBP +6

Chevron & Venezuela – Together Still

Barely hours before the deadline, Chevron received word from the US government that it would be allowed to continue operating in Venezuela. The lone major US oil company still in operation after ExxonMobil and ConocoPhillips made a costly flee when Hugo Chávez nationalised the oil industry, Chevr ...

Hui Shan


Posted 8 months agoLink > TrumpVenezuelaGuaido +10

Did Occidental Overpay for Anadarko?

Now that Occidental Petroleum has beaten Chevron to the acquisition of Anadarko Petroleum – and the strategic assets it holds in the prolific Permian Basin – one would think that the deal is cut-and-dry. The Occidental purchase of Anadarko had all the signs of a classic takeover battle, swooping ...

Hui Shan


Posted 8 months agoLink > OxyOccidentalanadarko +6

The Permian is Ripe for M&A Battle

Next is Diamondback Energy, a Permian pure-play firm that has valuable assets in the Midland Basin as well as the prized (and prolific) Delaware Basin. Brushing up against Pioneer's acreage is ExxonMobil and Chevron's own boundaries, and its new status as a Permian pure-play makes Pioneer particu ...

Hui Shan


Posted 10 months agoLink > Pioneer Natural ResourcesEndeavor Energy ResourcesDiamondback Energy +8

The Battle for Anadarko

The deal would have given Chevron significant and synergistic acreage in the Permian Basin along with new potential in US midstream, as well as Anadarko's high potential projects in Africa. And so Oxy was victorious, capping off a two-year pursuit by Hollub for Anadarko – which only went public a ...

Hui Shan


Posted 10 months agoLink > OxyOccidentalanadarko +4

Shell Eclipses ExxonMobil Once Again

Weaker refining margins and lower crude prices were cited as a slight drag on performance, but Shell's acquisition of BG Group is paying dividends as strong natural gas performance contributed to the strong profits. Unlike ExxonMobil and Chevron, Shell has only dipped its toes in the Permian, pre ...

Hui Shan


Posted 10 months agoLink > ExxonMobilShellBP +5

The Rise of a New Ultramajor?

The purchase of Anadarko gets Chevron into two prolific areas: the Permian Basin in the US and LNG. Through Anadarko, Chevron will gain major US midstream space, including a 55% stake in the Western Midstream Partners whose pipelines crosses all over Texas, linking the Permian to the processing a ...

Hui Shan


Posted 11 months agoLink > ChevronanadarkoExxonMobil Shell +7

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 1 year agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Chevron Announces $20 Billion Capital and Exploratory Budget for 2019

SAN RAMON, Calif.--(BUSINESS WIRE)--Dec. 6, 2018-- Chevron Corporation (NYSE:CVX) today announced a 2019 organic capital and exploratory spending program of $20 billion. “Our 2019 budget supports a robust portfolio of upstream and downstream investments, highlighted by our world-class Permian Basi ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ChevroncapitalBudget +5

Chevron Announces First Oil From Big Foot Project in the Deepwater Gulf of Mexico

Chevron Corporation (NYSE:CVX) has announced that the Chevron-operated Big Foot deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located approximately 225 miles (360 km) south of New Orleans, La., in a water depth of approximately ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NYSEChevron CorporationChevron +5

Steven W. Green Named President of Chevron North America Exploration and Production

Green succeeds Jeff Shellebarger who will retire after a 38-year career Nigel Hearne appointed president of Chevron Asia Pacific Exploration and Production SAN RAMON, Calif.--(BUSINESS WIRE)--Nov. 6, 2018-- Chevron Corporation (NYSE:CVX) today named Steven W. Greenpresident of Chevron North A ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ChevronChevron CorporationNorth America +7