Libya seeks up to USD 40 billion to unlock oil and gas potential
The North African producer targets two million barrels a day by 2030 as it seeks foreign capital to develop more than 60 untapped fields...
Tag : Chevron
IF Insights: Oil giants see Iran war windfall, bill lands somewhere else
Exxon, Chevron, Shell, BP and TotalEnergies earned close to USD 47 billion in the Q2 2026. Almost none of it came from doing anything new....
Iran war: US backs Iraq-Syria pipeline revival to reduce Hormuz oil risk
The restoration of the 800km pipeline has emerged as a strategic priority after the Iran conflict exposed the vulnerability of the Gulf’s main energy corridor...
ExxonMobil announces major investments in Nigeria and Cyprus offshore projects
ExxonMobil will be returning to drilling operations in Nigeria after nearly a decade, with its last campaign in the African country conducted in 2016...
Japan’s Eneos Holdings to buy Chevron’s 50% stake in SRC
As per Eneos, the deal, which includes Chevron's assets in Vietnam, Australia, the Philippines and Malaysia, is expected to close in 2027...
USD 50 billion loss in 50 days: Iran war upends oil and gas flow
Gulf countries lost about eight million barrels per day of crude production in March, nearly equivalent to the combined production of Exxon Mobil and Chevron...
Chevron, Exxon expect windfall due to higher crude prices
Chevron is now expecting a USD 1.6 billion boost to USD 2.2 billion to its first-quarter upstream earnings versus the fourth quarter of 2025...
Can US energy sector go “Drill, Baby, Drill?”
Energy majors in the US have spent large amounts in increasing their oil and gas production in recent years...
Iraq to finalise sale of Exxon’s stake in the West Qurna-1 oil field by June
Exxon to sell its 32.7% stake in the oilfield...
Bahrain awarded 134 oil tenders worth $733.8 mn in 9 months
Overall Bahrain issued 1022 tenders during the first nine months of 2020...