Tag Archives: Chevron Corporation

While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering. At least 20 cargoes of U.S. liquefied natural gas (LNG) have been cancelled by buyers in Asia and Europe, according to Reuters. The global pandemic and the unfolding economic …

Chevron will be forced to effectively wind down its operations in Venezuela, dealing the Maduro regime’s crumbling oil industry another blow as U.S. President Donald Trump maneuvers for regime change in the Latin American nation. The U.S. Treasury Department will no longer allow the company to drill wells, sell and …

The US shale industry is expected to shrink by more than 2m barrels a day following a collapse in global oil prices which has forced oil producers to shut down their fracking rigs. The US oil market slumped to fresh 18-year lows and below $18 a barrel on Friday following …

Exxon and Chevron both agree with the goals of the Paris Agreement.

BP was the first oil major to commit significant capital to renewable projects. such as wind and solar. from 1980 onwards.

Under this initiative. both the firms plan to increase energy supplies in the state and south-eastern Australia.

Exxon’s ``inadequate response to climate change constitutes a serious failure of corporate governance.

France’s Total has been seeking a merger with ENI for decades .

Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.

The move marks a reversal for these companies - which did not join the Oil and Gas Climate Initiatives (OGCI) when it was set up in 2014.