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...
Tag : 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...
Alen gas project to commence in early 2021
Noble Energy’s Alen natural gas development project is preparing to commence early next year, a local media reported. The project is located on the offshore of Equatorial Guinea. It is reported that the project’s pipeline installation covers 43 miles. Also, it has the capacity to transport 950 million cubic feet of natural gas each day. This...
Trump, US oil companies to discuss tariffs on Saudi oil
CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House...
Petrobras and Chevron to sell 100% stake in the Papa-Terra oilfield
Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%...
Saudi Aramco buys shares in blockchain oil trading company Vakt
Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia...
Mubadala Petroleum sells stakes in Indonesian gas fields
Premier Oil acquires 20% stakes in the Andaman I and South Andaman blocks...