Chevron is in talks with Iraq to take over the West Qurna 2 oilfield from Lukoil. This field is huge, making up about 0. 5% of the world's oil supply and nearly 10% of Iraq's output. The U. S. put sanctions on Lukoil because of Russia's actions in Ukraine. These sanctions made it hard for Lukoil to
Chevron, a major player in the energy sector, has been making headlines with its recent acquisition of Hess for a staggering $53 billion. This deal, finalized in July, came after a lengthy legal battle with Exxon Mobil that lasted over 20 months. Now, Chevron is focusing on streamlining its operatio
ExxonMobil is taking California to court over new laws that want the company to be open about its climate impact. The laws say big companies like Exxon must share details about the greenhouse gases they produce, both directly and indirectly. The company says these laws force them to share informati
Chevron, one of the world's leading oil producers, is facing a significant challenge in today's rapidly changing energy landscape. With the increasing popularity of electric vehicles (EVs) and plug-in hybrid vehicles, oil demand is sharply decelerating. But can Chevron's stock catch up with these ch
