Wednesday, 2 April 2025

Focus on Chevron

FILE PHOTO: Brine pools used to extract lithium are seen next to a lithium mining camp at the Salar del Rincon salt flat, in Salta, Argentina August 12, 2021. REUTERS/Agustin Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)ManufacturingMining

Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Rio Tinto's $6.7B Arcadium buyout will give it lithium filtration technology set to transform electronics, EV production.

dian Natural Resources Ltd. logo is shown in a handout. Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

Canadian Natural Resources buys Chevron’s Alberta assets for US$6.5B

Canadian Natural Resources to acquire Chevron's oil sands and shale assets, boosting its stake and cash flow in Alberta.

News Release

Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Canada Limited, an indirect subsidiary of Chevron Corporation (“Chevron”), announced today that it and a related entity have entered...

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessNewsOil

US energy companies’ shares rise as Middle East crisis sparks supply fears

U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.

FILE PHOTO: British Petrol BP price list pillar displayed petrol prices in Polish zloty (1EUR-4,5855PLN) which almost double after Russian aggression on Ukraine at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo
AnalysisBusinessFinanceOil

Big oil’s big payouts under strain as energy prices fall

By Ron Bousso LONDON (Reuters) -Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share...

News Release

Chevron-Hess Merger Clears FTC Antitrust Review

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess...

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsOilRegulations

US FTC allows Chevron-Hess deal, bars John Hess from board

The FTC approved Chevron's $53 billion Hess acquisition, barring Hess's CEO from its board due to OPEC ties concerns.

FILE PHOTO: The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
AnalysisBusinessFuelIn-DepthOilTrade

US Gulf Coast oil prices to take center stage as exports dominate

Rising US crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts.

FILE PHOTO: The sun sets behind power lines above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson/File Photo
BusinessEconomyElectricityNatural GasNewsOilPoliticsRegulationsTransmission

Texas approves plan to boost oil and gas drillers’ power grid access

Texas has approved a $15B plan to expand power grid infrastructure in the Permian Basin, vital for rising oilfield energy demands.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

FTC set to greenlight Chevron’s $53 billion buy of oil rival Hess: sources

The FTC is set to approve Chevron's $53 billion Hess acquisition, with Exxon’s challenge on Guyana assets as the final hurdle.

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