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.
US oil major Chevron has received an approach for its stake in a major North Sea project.
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.
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.
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.
A new report shows ExxonMobil is leading other supermajors in terms of remaining oil reserves worldwide.
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.
Aberdeen welcomed its first three-day Women in Engineering conference yesterday, supported by US oil giant Chevron.
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.
A boost to the oil price saw US majors Chevron and ExxonMobil post positive results for the first half of the year.
The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.
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.
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.
US oil giant Chevron’s decision to sell its central North Sea assets shows the region is struggling to compete globally, analysts said yesterday.
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.
Hundreds of offshore workers are facing uncertainty after Chevron announced plans to sell the majority of its stakes in North Sea oil fields.
To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less.
Algeria’s energy industry is open for business.
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, a GE company (BHGE) will supply subsea production equipment to Chevron for the second phase of the Gorgon LNG project off Australia.
Big Oil’s fortunes are becoming tied more closely to natural gas than ever before.
Well construction start-up DeltaTek Global will trial its SeaCure product offshore with two North Sea operators this summer.
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.
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.
Before his departure in January, John Watson steered Chevron through a painful oil-market crash, maneuvered billions to turn the fertile Permian Basin into an oil-pumping machine, and drove stock-market returns three times higher than its larger rival Exxon Mobil as oil prices climbed up from rock bottom.