$100 oil is in sight, says analysts and Chevron CEO
As crude futures leap higher, traders and analysts are increasingly talking about when — not if — prices return to $100 a barrel.
Mike Wirth
Chevron makes $7.6bn all-stock offer for PDC
The deal valued PDC at $6.3 billion, or $72 per share. The company is currently trading at around $65, with the deal offering a 11% premium.
Chevron CEO defends record profits as ‘modest return’ over time
Chevron chief executive Mike Wirth pushed back on claims by President Joe Biden that Big Oil’s record profits are being made on the back of the war in Ukraine and at the expense of the American people.
Update: Exxon, Chevron score record profits as markets convulse
Exxon Mobil and Chevron posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions and rising demand.
Big Oil’s big earners: CEO pay ranked
The CEO pay packets of Europe's oil supermajors continue to trail that of their American counterparts, as Energy Voice explores earnings amongst the sector’s top execs.
$100 oil may be coming within months, Chevron CEO says
$100 oil prices are possible in the next few months as geopolitical risks and “struggling” supply hit global crude markets, said the chief executive of Chevron.
Chevron profit falls short of forecasts despite oil’s rally
Chevron posted disappointing profits after slumping values for some long-held fields hurt the oil giant’s ability to take full advantage of surging energy prices.
Chevron CEO warns of high energy prices and supply crunches
The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron's top executive.
Chevron CEO vows higher returns, lower carbon to revive Big Oil
Fresh from overtaking ExxonMobil as North America’s biggest oil company, Chevron has a “simple promise” to investors: higher returns and lower carbon.
Chevron to Take $11billion writedown amid weak gas prices
Chevron Corp. expects to write down as much as $11 billion in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices.
Chevron announces new oil and gas emission reduction goals
Chevron said Thursday it will adopt new goals to reduce its greenhouse gas emissions from its oil and gas production by 2023.
Chevron will walk away from $33 billion deal to buy Anadarko
Chevron Corp. is abandoning its $33 billion offer for oil driller Anadarko Petroleum Corp., the culmination of a month-long bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.