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
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
