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Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American ...
The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime ...
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Chevron & European Oil Firms Urge Continued Access to VenezuelaChevron Corporation CVX, along with several European oil companies, is actively engaged in high-level negotiations with the Trump administration to retain stakes in joint ventures with Venezuela ...
Chevron's reserves, or the amount of oil and gas that it can potentially extract, declined from 11.1 billion barrels of oil equivalent in 2023 to 9.8 billion by the end of 2024.
Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage where billions of barrels of oil equivalent have been discovered.
Chevron Corp, the second-largest U.S.-based oil producer, said on Friday its oil and natural gas reserves fell 1 percent last year largely due to the sale of its stake in a Chad oil field.
The company’s reserves dropped from 11.1 billion barrels of oil equivalent (boe) in 2023 to 9.8 billion in 2024, raising concerns among analysts about Chevron’s long-term output.
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