Chevron is currently the only major US oil company still operating in Venezuela and exporting crude from the country. Shares of Exxon Mobil and ConocoPhillips rose about 3% each, buoyed by speculation that restrictions barring US firms from Venezuela's oil fields could be eased.
IBT Newsroom
Jan 05, 2026
The Trump administration is reportedly set to extend Chevron's deadline to cease operations in Venezuela after lobbying from the company
Demian Bio
Mar 20, 2025
Reps. Mario Diaz-Balart, Carlos Gimenez and Maria Elvira Salazar suggested they could withhold their votes for the budget deal narrowly passed in the House
Demian Bio
Mar 07, 2025
Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday.
AFP News
Feb 12, 2025
Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of OPEC member states.'
Bruce Golding
Sep 30, 2024
Senate Majority Leader Chuck Schumer has urged the Federal Trade Commission (FTC) to intervene in Chevron Corp's proposed $53 billion acquisition of Hess Corp, citing concerns over potential gas price increases.
Kiran Tom Sajan
May 13, 2024
Renewable energy is poised for a rebound in 2024, but higher oil prices will continue to make it difficult to quit fossil fuels. A crucial year looms.
Jack Quinn
Dec 29, 2023
ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.
Jack Quinn
Dec 07, 2023
The Maduro regime is threatening to destabilize the Caribbean in a bid for offshore oil reserves, in a move likely to invite back crippling US sanctions.
Jack Quinn
Dec 04, 2023
Two steps forward and another one back: COP28 makes progress on major initiatives, but critics say the oil lobby mars an otherwise productive summit.
Jack Quinn
Dec 04, 2023
Major oil companies have been making investments in renewable energy and battery technology. While a significant step, recent events suggest it doesn't mean the end of "big oil."
Jack Quinn
Nov 21, 2023
Exxon opened a third offshore development in Guyana on Tuesday, accelerating the small South American country's rapid rise in oil production.
Jack Quinn
Nov 14, 2023
A key natural gas facility resumes production as energy providers in Egypt breathe a sigh of relief.
Jack Quinn
Nov 14, 2023
Exxon is poised to become the United States' first domestic lithium producer. Is this greenwashing or a sign of things to come?
Jack Quinn
Nov 13, 2023
Texas voters approved a measure on Tuesday to allocate one-third of its $30 billion budget surplus towards natural gas power plants.
Jack Quinn
Nov 08, 2023
Chevron is in talks to extend its European natural gas supply contracts by 15 years, continuing the recent trend of oil and gas giants betting on the longevity of fossil fuels, according to Reuters.
Jack Quinn
Nov 02, 2023
Results are directly affected by fluctuations in global oil prices.
Jack Quinn
Oct 27, 2023
US energy giant Chevron will buy its rival Hess for $53 billion in an all-stock deal, the companies announced in a joint statement on Monday.
AFP News
Oct 23, 2023
Workers will end strike action at Chevron's gas plants in Western Australia, their union said Friday, accepting a deal proposed by Australia's industrial relations body.
AFP News
Sep 21, 2023
Regulators had threatened to fine Chevron if the data was not disclosed. Chevron responded by saying it began disclosing the data but needed more clarification.
Binitha Jacob
Mar 15, 2023
U.S. oil giants ExxonMobil and Chevron reported surging profits amid soaring fuel prices.
Manan Bhavnani
Oct 28, 2022
The merger would involve an all-stock deal and create a dominant player in the Permian Basin
Palash Ghosh
Oct 20, 2020