Speculation mounts over UK North Sea exit for Chevron
Speculation about a potential North Sea exit for Chevron mounted yesterday after the US firm said it had received a bid for its stake in the Rosebank field.
Chevron
Goldman sees Exxon, Chevron following Europeans into renewables
Big U.S. oil companies like Exxon Mobil Corp. and Chevron Corp., which have lagged their European rivals in venturing into renewable energy, are likely to increasingly make room for cleaner energy in their portfolios, said Goldman Sachs Group Inc.
Chevron receives approach for Rosebank stake
US oil major Chevron has received an approach for its stake in a major North Sea project.
Total to buy Chevron’s Danish North Sea business
Total will buy Chevron's 12% interest in the Danish Underground Consortium (DUC), a 12% interest in Licence 8/06, and a 7.5% interest in the Tyra West pipeline.
Exxon, Chevron join industry climate-change initiative in u-turn
US oil companies Exxon Mobil Corp., Chevron Corp. and Occidental Petroleum Corp. will join an oil industry climate-change group led by their European rivals, after refusing to do so for years.
Offshore crude oil terminal could cost Corpus Christi port millions
The Port of Corpus Christi is resisting a proposed offshore crude oil loading and export terminal that could cost the port millions of dollars of revenue.
ExxonMobil leads the supermajor pack on remaining reserves, report claims
A new report shows ExxonMobil is leading other supermajors in terms of remaining oil reserves worldwide.
Big oil’s winners and losers emerge as crude prices surge
Crude prices rose to three-year highs, operating costs were down and profit was growing by double or triple digits, but investors still found plenty to complain about in Big Oil’s second-quarter earnings.
Chevron backs Aberdeen’s first Women in Engineering conference
Aberdeen welcomed its first three-day Women in Engineering conference yesterday, supported by US oil giant Chevron.
Big oil leaves analysts fuming about being in the dark on refinery outages
Darren Woods, Ben van Beurden and Mike Wirth, three of the world’s most powerful oil executives, forged their reputations by efficiently managing razor-thin margins at their companies’ refineries.
Profits surge for US majors, but ‘disappointment’ for Exxon
A boost to the oil price saw US majors Chevron and ExxonMobil post positive results for the first half of the year.
Big oil is raking in cash so investors are asking: Now what?
The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.
Rising profits meet trade fears as commodity producers report
Investors will probably like most of what they see when energy, mining and farm-products companies report earnings for the most recent quarter. It’s the rest of the year they’re worried about.
M&A activity to provide ‘litmus test’ for North Sea’s health, tax expert says
The pace of mergers and acquisitions (M&A) activity will provide the “litmus test” for the UK North Sea’s health in the coming years, a tax expert has said.
Chevron’s central North Sea exit a sign of struggle to compete globally
US oil giant Chevron’s decision to sell its central North Sea assets shows the region is struggling to compete globally, analysts said yesterday.
OPINION: Chevron’s North Sea sell-off should come as no surprise
That Chevron has decided to place its interests in Central North Sea fields Alba, Alder, Britannia (and satellites), Captain, Elgin/Franklin, Erskine, and Jade on the market should come as no surprise to anyone in the industry.
Uncertainty for workers as Chevron reveals plans to sell North Sea platforms
Hundreds of offshore workers are facing uncertainty after Chevron announced plans to sell the majority of its stakes in North Sea oil fields.
Big oil pushes gas as fossil fuel answer to global warming
To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less.
Chevron and Exxon courted by fracking firm Sonatrach
Algeria’s energy industry is open for business.
Exxon, Chevron CEOs warn Trump tariffs hurting oil sector
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
Baker Hughes, GE picked for Gorgon subsea supply contract
Baker Hughes, a GE company (BHGE) will supply subsea production equipment to Chevron for the second phase of the Gorgon LNG project off Australia.
Future of big oil increasingly shaped by fate of global gas
Big Oil’s fortunes are becoming tied more closely to natural gas than ever before.
North Sea operators to put DeltaTek’s well building tool through its paces
Well construction start-up DeltaTek Global will trial its SeaCure product offshore with two North Sea operators this summer.
Glencore ‘close to’ $1bn Chevron Southern Africa deal
Glencore Plc is close to a $1 billion deal to buy Chevron Corp.’s southern African assets, potentially scuppering an earlier agreement with China Petroleum & Chemical Corp., according to three people familiar with the matter.
‘Stability issues’ force Kosmos to redrill Suriname well
US oil firm Kosmos Energy said today that it would redrill a well off Suriname after encountering "shallow bore hole stability issues" with its first effort.