Chevron Corporation News
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Pending California carbon regulations could make it too expensive to operate refineries in the most populous U.S. state, drastically increasing gasoline prices and costing thousands of jobs, a senior Chevron Corp executive said.
Stocks went nowhere today after making back early losses, as Chevron and Wal-Mart gained, while Visa and Boeing fell.
Most recently, the company announced plans to sell some of its midstream assets.
The Alberta Oil Sand reserves are among the top three oil reserves in the world and are being aggressively developed by the world's largest energy producers.
Attending last week's CERAWeek in Houston, the Davos of energy as some attendees referred to it, one could have easily been mistaken into believing oil and gas are the new masters of the universe.
The fear over escalation of the Russia-Ukraine conflict has died down, earnings season is over, and economic data has been decent but not enough for either bears or bulls to take control of the market recently.
Oil-linked liquefied natural gas prices make the most sense for Asian buyers, but a lack of consensus among buyers and sellers could impact proposed projects , Chevron CEO John Watson says.
Dividend aristocrats are a select group of companies which have proven extraordinary financial soundness by raising their dividend payments for 25 consecutive years or more.
Chevron Corp., the second-largest U.S. energy producer by market value, reduced its 2017 production estimate and said it will sell $10 billion in assets during the next three years.
Shares of Chevron have earned an average recommendation of "Buy" from the sixteen ratings firms that are presently covering the company, AmericanBankingNews.com reports .
London/Abuja - Nigerian oil company Seplat plans to raise at least $500 million by selling shares on the London and Lagos stock exchanges to pay down debt and snap up assets being sold by energy majors in Africa's largest oil producing nation, the company said.
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Moses Karimi built his Eastside Cafe atop his Chevron gas station. The restaurant has been closed for several years, but Karimi plans to reopen the place with a franchise operator.
The cost of developing the world's largest oil and natural gas fields has reached heights straining the budgets of even the largest oil companies.
The report titled "Global Petroleum Coke Market: Trends and Opportunities " provide an insight into the market dynamics and changing trends in the global petroleum coke or petcoke market.
America's plan to use more natural gas to run power plants, make chemicals, drive vehicles and heat homes may not go as smoothly as expected.