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Chevron
Energy Investment
Chevron Invests in Offshore Wind Energy for First Time
Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbin…
Carbon Emissions
Chevron Sticks to Lower Budget Plans, Sets New Carbon Reduction Goals
U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals for reducing car…
Geothermal Power Plant
Chevron Invests in Geothermal Development Company
Swedish investment and development firm Baseload Capital, has successfully closed a $25 million funding round with Chevron Technology Ventures as a new strategi…
Oil Exploration
Exxon and Chevron CEOs Discussed Potential Merger
Talks were "preliminary" and are not ongoing, but could be rekindled later.
Oil Field
Chevron Pipeline Project Joins Egypt & Israel
With its aim to develop Israel’s natural gas fields, Chevron Corporation together with other energy companies is planning to make an investment of approximatel…
Oil Price
ConocoPhillips Becomes First Major U.S. Oil Firm To Pledge Emission Cuts
Unlike European oil majors – who have rushed to pledge various commitments to become net-zero energy companies – U.S. companies, including Exxon and Chevron, …
LNG
Chevron Sells More Domestic Gas to Alcoa in Australia
Chevron has signed an agreement to supply a further 37PJ of gas sourced from the three LNG projects located offshore Western Australia to US aluminium group Alc…
Oil Field
Shell Looks to Sell off Stake in Philippines Gas Field
Shell is looking to sell its 45pc stake in the Philippines' Malampaya gas field, almost a year after fellow major Chevron sold off its own stake in the field.
Elliott Attempting to Prevent Chevron’s Takeover of Noble Energy
Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron.
Nuclear Fusion
Chevron Announces Investment in Nuclear Fusion Start-Up Zap Energy
Oil major Chevron has announced an investment in Zap Energy, a nuclear fusion start-up company developing a next-generation modular nuclear reactor.
LNG
Chevron Can Make Lsrael’s Leviathan a Global Gas Supplier
According to the chief executive officer of Delek Drilling, Chevron’s entry into Israel’s Leviathan natural gas field will help deliver the technical and mark…
United States
Chevron Posts Massive $8.3 Billion Loss
U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.
Wind Power Project
Chevron and Algonquin to Co-Develop Renewable Energy Projects
Chevron USA has signed a four-year agreement with Algonquin Power and Utilities to co-develop renewable power projects.
Solar Power Panel
Chevron is Installing Solar Panels — to Produce Oil more Cheaply
In California’s sun-drenched Kern Valley, Chevron Corp. has found a way to use one of the state’s clean-energy programs to cut the cost of pumping oil, to the…
Oil & Gas Trade
Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders
Chevron will buy Noble Energy in a $5 billion stock-swap deal, valuing Noble at 7.6 percent above its Friday close.
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