Tuesday, 6 May 2025

Focus on Chevron

FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessFuelNewsOil

US West Coast refiners still waiting for TMX margin boost

Expected deliveries to West Coast US oil companies from Trans Mountain have failed to materialise, with TMX mostly exporting to Asia.

FILE PHOTO: A customer refuels their vehicle at a Mobil gas station in Beverly Boulevard in West Hollywood, California, U.S., March 10, 2022. REUTERS/Bing Guan/File Photo
FuelNewsPoliticsRegulationsTransmission

California aims to tackle price spikes by requiring gasoline reserves

Gavin Newsom has proposed a plan requiring oil refiners to maintain minimum gasoline reserves to prevent price spikes, following last year's shortages that...

A Chevron gas station is shown after Chevron Corp said it would buy Hess Corp in a $53 billion all-stock deal, in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/ File Photo
BusinessNewsOilPolitics

Chevron to pay $550 million settlement to Richmond, California

City council drops ballot on refinery tax after Chevron's Richmond settlement proposal to pay $550m over a decade.

Democratic presidential nominee Vice President Kamala Harris speaks at a campaign rally, Saturday, Aug. 10, 2024, in Las Vegas. (AP Photo/Julia Nikhinson)
ElectionsNewsPoliticsRegulations

Democrats trust Harris slightly more than Biden on climate change: AP-NORC poll

Associated Press poll shows voters see and approve of a distinct Harris climate policy rather than interchangeable with Biden.

FILE PHOTO: Democratic presidential candidate and U.S. Vice President Kamala Harris speaks at a campaign event at UNLV (University of Nevada, Las Vegas) campus, in Las Vegas, Nevada, U.S., August 10, 2024. REUTERS/Kevin Mohatt/File Photo
ElectionsFuelLiquefied Natural GasNewsOilPolitics

Harris’ energy policy is strategically ambiguous, her aides say

Industry analysts look to previous campaigns and political record for clues on Kamala Harris' energy policies as Trump rails against renewables.

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, as a 1.5MW GE wind turbine from the Desert Sky Wind Farm is seen in the distance, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
ClimateEnvironmentFuelNewsOil

US shale companies produce more crude using fewer rigs

Greater operating efficiencies in the top U.S. shale patch are squeezing out more oil without higher spending, according to the numbers.

FILE PHOTO: A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023.   REUTERS/Brian Snyder/File Photo
FuelInfrastructureNewsOilTransmission

Chevron delivers industry first in ultra-high pressure oil field

Chevron has achieved a technological breakthrough, producing first oil from Gulf of Mexico field under extreme subsea pressures

News Release

VAALCO Energy, Inc. Announces Second Quarter 2024 Results

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results...

A truck drives through high water in the the Shore Acres neighborhood located on the Tampa Bay while Tropical Storm Debby moves up the gulf coast in St. Petersburg, Florida, U.S., August 4, 2024. REUTERS/Octavio Jones
NewsOilWeather

Chevron removes personnel from Gulf of Mexico as Debby approaches

Non-essential personnel evacuated from facilities but for Chevron, Debby has not yet affected production.

FILE PHOTO: ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Exxon delivers $9.2 billion second-quarter profit, raises output target

Rising oil prices and a boost from buying Pioneer lead Exxon Mobil to bumper Q2 profits.

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