Chevron Buys Hess for $53 Billion
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.
Chevron Buys Land for Possible New Facility Outside Houston
Chevron Corp. bought a plot of land the size of almost 60 football fields just outside of Houston in preparation for what could become a new research-and-development campus.
Chevron to Buy Shale Driller PDC in $6.3 Billion Stock Deal
Chevron Corp. agreed to buy oil and gas producer PDC Energy Inc. in a $6.3 billion all-stock deal as it seeks to expand amid what may be a busy year of mergers and acquisitions in U.S. shale.
Despite Strike, Chevron to Continue Operating California Refinery
Chevron Corp. plans to operate its California refinery “normally” amid a worker strike that began just after midnight on March 21, potentially limiting the impact on gasoline prices in the state.
Chevron to Buy Renewable Energy Group for $3.1 Billion
Chevron Corp. agreed to buy green diesel producer Renewable Energy Group Inc. for $3.1 billion in the biggest low-carbon deal of CEO Mike Wirth’s four-year tenure.
Chevron Aims to Lower Emissions at Five US Well Sites
Chevron Corp. is looking to show it can lower methane emissions at five oil well sites in Texas and Colorado as part of an industry push into “responsibly sourced” gas.
Profitable Exxon, Chevron Emerge as Global Economy Rebounds
ExxonMobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third-quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.
Chevron CEO Warns of High Energy Prices, Supply Crunches
The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive.
Chevron, Bunge Seek Soy Renewable Fuel Venture
Oil giant Chevron Corp. and oilseed-and-grain company Bunge Ltd. agreed to pursue a joint venture to build a “farmer to fueling station” supply chain to meet demand for less-polluting renewable fuels.
September 2, 2021Chevron Expands RNG Push for Longhaul Trucks
Chevron Corp. and joint venture partner Brightmark, a waste solutions manager, will build an additional 10 facilities to produce dairy biomethane to fuel longhaul trucks.