Turkey on Thursday slammed Greece’s “unilateral activities” in signing lease agreements with a Chevron-led consortium for exploration offshore southern Crete. “Greece’s unilateral activities with international companies in hydrocarbon fields south of Crete do not directly affect our country’s maritime jurisdiction areas, but they constitute a violation of international law and …
Read More »Chevron-Led Joint Venture Signs Major Gas Exploration Deal Offshore Greece
A Chevron-led consortium on Monday signed the lease contracts for oil and gas exploration offshore Greece as the southern European country aims to become a major gas supplier in the Mediterranean. Chevron, in partnership with Helleniq Energy, signed the lease agreements with Greece concerning the exploration of four offshore blocks …
Read More »Chevron Keeps Venezuelan Oil Flowing as Asia Shipments Stall
Venezuela’s beleaguered oil export system is narrowing rapidly around Chevron as shipments to its largest traditional customer in China remain stalled amid an intensified U.S. oil embargo and mounting geopolitical upheaval. Shipping data as of January 6 shows crude loading for Chinese buyers at Venezuelan ports has been on hold …
Read More »Chevron Tops Profit Estimates on Record-High Oil and Gas Output
Chevron Corporation beat Wall Street estimates of its second-quarter profit as Permian production surged and U.S. and worldwide oil and gas output jumped to record highs. Chevron reported on Friday adjusted earnings of $3.1 billion, or $1.77 per share, for the second quarter of 2025, compared to adjusted earnings of …
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