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Chevron Corp

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  • Sunday, 17 September, 2023
    Oil & Gas industry
    California accuses Big Oil of covering up climate change risks in lawsuit

    Civil action seeks damages to help mitigate costs of global warming caused by fossil fuels

    Firefighters spray water in the Sequoia National Forest, California
  • Friday, 8 September, 2023
    Natural gas
    European gas prices soar as Australian workers begin strike

    News of strikes at liquefied natural gas facilities stoke fears of global supply disruption

    Chevron’s Wheatstone LNG facility in Australia
  • Thursday, 10 August, 2023
    Natural gas
    Australian LNG producers in talks to avert strike as energy prices climb

    10% of world’s liquefied natural gas supply threatened by disruption

    A worker walks past a gas pipe marked ‘methane’ at the Curtis Island liquefied natural gas plant in Gladstone, Australia
  • Sunday, 30 July, 2023
    Oil & Gas industry
    Oil majors to face energy transition scrutiny as war profit boost fades

    Focus likely to return to decarbonisation as supply threat brought by Russia’s invasion of Ukraine recedes

    A BP petrol station sign in Essex
  • Monday, 24 July, 2023
    Chevron waives retirement age for chief and reports strong oil earnings

    Mike Wirth will remain as chief as supermajor seeks continuity amid volatile energy markets

    Mike Wirth speaks virtually during a House energy and commerce subcommittee in Washington last year.
  • Wednesday, 31 May, 2023
    Exxon Mobil Corp
    Exxon and Chevron shareholders cut support for climate resolutions

    Annual meeting votes highlight differences between investors at US and European oil companies

    The logos of Chevron and ExxonMobil
  • Friday, 26 May, 2023
    Oil & Gas industry
    Norway’s oil fund sides with climate activists against Exxon and Chevron

    World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors

    Just Stop Oil climate activists march in central London as part of their campaign calling on the UK government to end approval for exploring, developing and producing fossil fuels
  • Friday, 28 April, 2023
    LexOil & Gas industry
    Exxon/Chevron: time to talk about that cash pile Premium content

    Last year, they rewarded shareholders and paid down debt, now they can afford to go shopping

    In the US, ExxonMobil and Chevron collectively made more than $18bn in net income during the first quarter
  • Friday, 28 April, 2023
    Exxon Mobil Corp
    Exxon and Chevron profits slide from record highs

    US oil majors facing weaker energy markets as global economy slows

    Logos of Chevron and Exxon
  • Tuesday, 7 March, 2023
    Oil & Gas industry
    Oil groups line up for billions in subsidies under US climate law

    Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector

    An ExxonMobil oil refinery in Louisiana
  • Monday, 6 March, 2023
    Natural gas
    Gunvor chief says loss of Russian gas will cement US export role

    Energy executives see lasting change in global energy market after Moscow’s invasion of Ukraine

    Torbjörn Törnqvist, Gunvor chief executive
  • Friday, 27 January, 2023
    Chevron profits slip as oil and gas prices fall

    US supermajor falls short of fourth-quarter expectations but reports record annual earnings of $35.5bn

    The logo for Chevron appears above a trading post on the floor of the New York Stock Exchange
  • Thursday, 26 January, 2023
    Energy Source
    Big Oil’s cash bonanza Premium content

    Also in today’s newsletter, Tesla faces weakening grip on the EV market despite record revenues

  • Thursday, 26 January, 2023
    Oil & Gas industry
    Big Oil’s profits juggernaut on pace to slow but not stop

    Five western supermajors forecast to earn $150bn in 2023, down by a quarter from record year

    A Chevron gas station sign in Houston, Texas
  • Sunday, 1 January, 2023
    Oil & Gas industry
    Exxon and Chevron share $100bn in profit after surge in oil prices

    Record haul during Ukraine war marks reversal of fortunes after pandemic demand crash

    Wilmington Oil Fields south of Los Angeles
  • Sunday, 18 December, 2022
    ESG investing
    Activist group Follow This launches climate campaign against Big Oil

    Shareholder resolutions filed calling on companies to cut emissions more aggressively

    Logos of Shell, Exxon, Chevron and BP
  • Thursday, 8 December, 2022
    Equities
    US fund managers cross Atlantic to buy European oil stocks

    Shares of BP and Shell trade at sharp discounts to American peers after energy commodity rally

    Montage consisting of the logos of ExxonMobil, Chevron, Shell and BP
  • Thursday, 3 November, 2022
    Oil & Gas industry
    US oil majors hold down spending despite White House threats

    ExxonMobil and Chevron invest less than before pandemic in face of peak demand and Wall Street pressure

    Montage of an oil worker on a platform with Chevron and ExxonMobil signs
  • Friday, 28 October, 2022
    LexOil & Gas industry
    Exxon/Chevron: energy stocks still have gas left in the tank Premium content

    Higher oil production and natural gas prices lead to windfalls

    Chevron and ExxonMobil logos
  • Friday, 28 October, 2022
    Oil & Gas industry
    Exxon profit triples to record $20bn amid furore over high petrol prices

    Chief executive dismisses calls for US windfall tax, saying dividends flow to ‘the American people’

    Darren Woods, ExxonMobil chief executive
  • Thursday, 13 October, 2022
    Energy Source
    Chevron’s chief is not impressed with global energy debate Premium content

    Plus, the US-Opec drama drags on and the IMF warns against postponing climate action

    Michael Wirth, chief executive of Chevron, speaks in an office in San Ramon, California
  • Thursday, 13 October, 2022
    InterviewOil & Gas industry
    Chevron chief blames western governments for energy crunch

    Mike Wirth points to ‘unintended consequences’ of pivot away from fossil fuels

    Mike Wirth, Chevron chief, stands in a conference room
  • Friday, 29 July, 2022
    LexOil & Gas industry
    Exxon/Chevron: profits gusher should keep on gushing Premium content

    While this could well be a high point for Big Oil, it does not mean the good times are going to dry up anytime soon

  • Friday, 29 July, 2022
    Oil & Gas industry
    ExxonMobil and Chevron shatter profit records after global oil price surge

    Blockbuster earnings threaten political backlash as inflation rips through economies

    Digital screens showing Chevron and ExxonMobil share prices
  • Wednesday, 27 July, 2022
    News in-depthOil & Gas industry
    Oil and gas majors: time for a transformative clean energy deal?

    Cash bonanza raises prospect of large-scale deals to turbocharge transition strategies

    A montage of Orsted wind farm with logos of Total, Shell and BP
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