The GCC’s core mission is to integrate AI, automation, and digital twins into every aspect of Chevron’s energy workflows, helping improve efficiency, reliability, and safety across its global network.
The story behind how it unfolded shows how American oil executives’ usual cordial relationships were pushed to the breaking point when a $1 trillion discovery was at stake
The USD 1 billion investment in India will happen over the next several years.
The collaboration between the state government and Chevron company in implementing Rs 8,300 crore investment is a clear indication of the significant progress in engineering and innovation in Karnataka
Chevron aims to fill approximately 600 positions by the end of 2025, with plans to add more positions over time.
Chevron has said it would sell between $15 billion to $20 billion in assets as part of its planned acquisition of Hess, which has hit a stumbling block due to a legal conflict with rival Exxon over assets in Guyana
The rights to an offshore field containing 11 billion barrels of oil are at stake in an arbitration dispute
Money should go to where it’s welcomed and stay where it’s well treated — neither of which is currently true of petrodollars and California
US oil companies are envious of how much money their European peers are making from trading oil and gas. But do they have the stomach for it?
HPCL will manufacture, distribute and market lubricants of global supermajor Chevron in India.
The agreement provides for "Caltex-branded lubricants to be manufactured, distributed, and marketed in India by HPCL".
Major energy firms including BP, Chevron and Saudi Aramco are among the 1,500 business leaders gathering for the annual meeting in the Swiss resort of Davos, where global threats including climate change are on the agenda.
India, the world's third biggest oil importer and consumer, buys more than 84% of its oil needs from overseas and wants to quickly monetise its hydrocarbon reserves to reduce its dependence on costly imports.
On Friday, the Dow Jones Industrial Average closed 800 points higher, registering fourth straight week of gains
The letter is the latest in a series of acrimonious exchanges between the U.S. oil industry and President Joe Biden over who is to blame for high fuel prices that have helped drive inflation to 40-year highs.
The U.S. oil major has begun assembling a trading team to market oil from Venezuela, two of the people said. If U.S. approvals are received, Chevron aims to expand its role in the four joint ventures it shares with state-run company PDVSA, they added.
French company Total has formed a technical committee of key executives to explore such opportunities
Berkshire trimmed stake in Apple, its largest holding, by 57 million shares or 6 percent capital last quarter
The talks between Exxon Chief Executive Darren Woods and Chevron CEO Mike Wirth were serious enough for legal documents involving certain aspects of the merger discussions to be drafted, a source told Reuters
The oil producer previously disclosed a 30% reduction in its 2020 spending and some voluntary job cuts amid this year's sharp drop in oil prices
The White House imposed sanctions early last year on state-run oil company PDVSA as part of efforts to oust President Nicolas Maduro. The socialist president remains in power despite deep unpopularity and a years-long economic crisis.
Prices got another boost by last week's meeting in Saudi Arabia where OPEC nations and Russia signalled they would keep limiting production.
Cairn India today announced the appointment of former Chevron executive Melody Meyer and ex-CEO of BSG Resources Atul Gupta as executive advisors.
Speaking to CNBC-TV18's Malvika Jain from the sidelines of his visit to US, Pradhan said that the oil companies are hiring consultants to discuss merger and acquisition opportunities.
Global energy giants Exxon Mobil, Chevron and BP plc as well as domestic players like Reliance Industries are unlikely to bid in the auction of 46 discovered small oil and gas fields that closes on Monday.