Tuesday, 6 May 2025

Focus on Chevron

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.

FILE PHOTO: A worker climbs up to the next level of Chevron's Petronius oil platform, located 100 miles (161 km) off the coast of New Orleans, in the Gulf of Mexico June 3, 2008. REUTERS/Jessica Rinaldi/File photo
BusinessClimateNewsOilWeather

Oil firms evacuating US Gulf of Mexico staff as hurricane threat rises

U.S. oil firms evacuate Gulf of Mexico platforms as a potential major hurricane threatens offshore production.

News Release

Chevron Shipping, Wärtsilä Partner to Lower Methane Emissions on LNG Carriers

SAN RAMON, Calif. & HELSINKI--(BUSINESS WIRE)--Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC, plans to convert one engine on six of...

Chevron CEO Michael Wirth gives the keynote address as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 17, 2024. REUTERS/Callaghan O'Hare
BusinessNatural GasNewsOilPolitics

Chevron CEO hits Biden’s natural gas policies, says fuel is crucial for AI

Chevron CEO Michael Wirth criticized President Biden’s policies as "attacks on natural gas,” urging support for gas in AI growth.

News Release

Atmos Energy Corporation Names Telisa Toliver to Board of Directors

DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) announced today that Telisa Toliver has been elected to its board of directors, effective September 10, 2024....

News Release

Chevron Shipping Company and MOL to Install Wind Challenger on LNG Carrier

SAN RAMON, Calif. & TOKYO--(BUSINESS WIRE)--As part of their ongoing commitment to lower the carbon intensity of their operations, Chevron Shipping Company LLC...

News Release

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Announces Acquisition

MIDLAND, Texas, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG)...

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