Tuesday, 1 April 2025

Focus on Chevron

Jeff Gustavson, President of Chevron New Energies, speaks during the Reuters NEXT conference, in New York City, New York, U.S., December 11, 2024. REUTERS/Brendan McDermid
BusinessCarbon ManagementElectricityNatural GasNewsOil

Big oil eyes powering big tech’s data center demand

This comes after Exxon Mobil said it is adding carbon-capture to natural gas-fired power plants supplying data centers.

News ReleaseNews

Chevron Upgrades Pasadena Refinery to Increase Capacity, Feedstock and Product Flexibility

PASADENA, Texas--(BUSINESS WIRE)--Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in...

FILE PHOTO: Michael Wirth, Chairman and CEO, Chevron speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessNewsOilPoliticsRegulationsTrade

Chevron CEO says no discussions with President-elect Trump on Venezuela

Chevron maintains operations in Venezuela, aligning with U.S. policy; CEO Wirth notes Russian and Chinese firms could replace them if they exit.

FILE PHOTO: The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelNatural GasNewsSolarWind

BP seeks buyers for US natural gas pipeline system stake, sources say

BP could raise up to $3 billion from the sale of up to a 49% stake in the business.

Chair of the International Negotiating Committee, Luis Vayas Valdivieso, center, speaks next to Inger Andersen, Executive Director of UNEP, second from right, during the press conference for the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution in Busan, South Korea, Monday, Nov. 25, 2024. (Son Hyung-joo/Yonhap via AP)
EnvironmentLegislationNatural GasNewsOilRegulationsUnited Nations

What to know about the plastic pollution treaty talks in South Korea

Led by Norway and Rwanda, 66 countries plus the European Union say they want to address the total plastic on Earth.

A view shows the ExxonMobil oil refinery in Port-Jerome-sur-Seine, France.
BiofuelsEmissionsNatural GasNewsOilSustainable Aviation Fuel

Oil majors are betting big on biofuels with over 40 projects by 2030, Rystad says

Major oil and gas companies plan 43 biofuel projects by 2030, boosting SAF production to cut emissions.

The illuminated BP logo shines brightly at a gas station during the night.
BiofuelsBusinessElectricityEmissionsHydrogenNatural GasNewsOffshore WindOilSolarWind

European oil giants step back from renewables path

European oil giants, including BP, cut back on low-carbon power and refocus on oil, gas to revive investor confidence.

FILE PHOTO: U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 25, 2022. REUTERS/Octavio Jones/File Photo
BusinessNewsOilPoliticsRegulations

Trump pick Rubio could harden oil sanctions on Iran, Venezuela

Trump’s appointment of Rubio as secretary of state signals stricter oil sanctions on Iran and Venezuela, tempered by China concerns.

FILE PHOTO: Oilfield workers hold a flag with the corporate logo of Venezuela's state oil company PDVSA near Cabrutica at the state of Anzoategui. April 16, 2015. REUTERS/Carlos Garcia Rawlins/File Photo
BusinessNewsOilTrade

Venezuela’s oil exports hit a 4-year peak on higher output, sales to US, India

Venezuela’s oil exports surged to a four-year high in October, reaching 950,000 bpd, driven by rising output and exports to India.

An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessChemicalsFuelNatural GasNewsOil

Exxon’s $8.6 billion profit beats as volume offsets price weakness

Exxon's Q3 profit surpasses forecast, aided by Pioneer acquisition-driven shale gains and cost controls, despite a five per cent YoY dip amid weaker...

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