Saudi Arabian Chevron along with Kuwait Gulf Oil Company broke ground on their integral oil project at Wafra in Kuwait.
With this Main Gathering Center (MGC) Revamp Project, Saudi Arabian Chevron and its partner the Kuwait Gulf Oi
Chevron has reported a surprise six per cent decline in quarterly profit, hurt by weakness in the oil refining business, while production from wells increased for the No 2 US oil company but remained below target.
Chevron Corp will try to convince a US judge this week that a group of Ecuadorean villagers and their US lawyer used bribery to win an $18 billion judgment against Chevron from a court in Ecuador, in the
French oil major Total said it had agreed to buy the Egyptian retail network of US energy company Chevron, in a move it said would create its biggest marketing and services subsidiary outside Europe.
Lower oil prices bit into Chevron's quarterly profit which fell down 4.5 per cent to $6.2 billion as did refinery downtime and higher operating costs in its home market, but the oil company's shares rose as the earnings topped expectatio
Chevron Corporation, the second-largest US oil company, said it had already started nearly all the projects that would deliver 25 per cent growth in oil and gas output over the next half a decade.
At its annual meeting with analys
Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for ExxonMobil and Chevron, the two largest US oil companies.
A flood of oil produced from US shale formations has pushed refining margins high
Iraqi Kurdistan has awarded Chevron Corp a stake in the Qara Dagh oil block, the region's energy minister said on Thursday, building on the company's exploration play in the autonomous northern region.
Chevron posted much lower-than-expected quarterly earnings yesterday as maintenance exacerbated a steady decline in oil and natural gas production and a fire at one of the company's California plants hit the refining business.