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Tag: Chevron

Chevron resumes share buybacks after Q2 profit beats estimates

Chevron (NYSE: CVX) is resuming share repurchases after reporting earnings above expectations for the second quarter on the back of rallying commodity prices. Chevron reported on Friday…

Chevron BTC Pipeline closes office in Azerbaijan

Chevron BTC Pipeline (a division of the American Chevron in the Baku-Tbilisi-Ceyhan oil pipeline project) announced the liquidation of its representative office in Azerbaijan. In…

Oil Production Decreased by 3.2 Million Tons at Tengiz in 2020

At the end of 2020, the company Tengizchevroil produced 26.5 million tons of crude oil, which is approximately 35% of the total oil produced in…

S&P downgrades ratings of Chevron, Exxon, ConocoPhillips

Exxon Mobil Corp., Chevron Corp., and ConocoPhillips had their credit ratings lowered after S&P Global Ratings followed through on its recent warning and revised the…

Number of Coronavirus Infections at Tengiz Field Exceeded 800

In the Atyrau region in Tengiz, the number of people infected with coronavirus has exceeded 800, Kazinform reports According to information provided by the Department…

Chevron Office Closes in Azerbaijan

Chevron, one of the largest energy companies in the United States and the world, is closing its office in Azerbaijan. This was reported in the…

U.S. Upstream Oil Mergers Still Slow Despite Chevron, Devon Deals

Despite two big corporate transactions in the third quarter, the number of U.S. upstream oil and gas deals was tied with the first quarter for…

Chevron earns California tax credits using solar power to pump oil

CALGARY (Bloomberg) –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…

Record High U.S. Crude Inventories Threaten Oil Rally

Anyone connected or exposed to the dynamics of the oil price must be wondering if the recovery in the oil price is sustainable and, indeed,…

Karachaganak consortium to pay Kazakhstan above $1bn

Kazakh Government and Karachaganak project shareholders reached a deal on disagreements, the Kazakh Energy Ministry’s press service reports.  Today the Kazakh Government represented by the…

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