Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

Venezuela produced about 20% of Venezuela’s oil in 2024, close to Maduro’s goal of 1 million barrels per day. Chevron is the only major oil producer with a waiver to operate in Venezuela ...

weak global margins swing refining business to a loss Chevron's global oil & gas output relatively flat at 3.35 million boepd Expects output growth of 6% to 8% in 2025, 3% to 6% on 2026 Jan 31 ...

ExxonMobil XOM and Chevron CVX, two of the world’s largest oil/energy companies, delivered contrasting earnings performances in the fourth quarter. ExxonMobil reported Q4 adjusted earnings per ...

Chevron (CVX) and Exxon Mobil (XOM) both closed lower after reporting earnings results, with steep declines in refining profits due to lower fuel margins. Although oil and gas tariffs could ...

Completing the deal became even more important to Chevron after the company failed to strike oil or natural gas in a highly-anticipated well in Namibia. Even so, Chevron plans to continue ...

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

In a year when Chevron set a new record for production, growing worldwide production of barrels of oil equivalent hydrocarbons by 7%, that's disappointing. Free cash flow (FCF) also slid ...

HOUSTON - U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S ...

"In a capital-intensive industry, capital discipline always matters," Chevron CEO Mike Wirth said, speaking to CNBC on Friday. Oil producers broadly have signaled they aren't looking to ramp up ...

Since then, both companies have ramped up capital expenditures and announced major acquisitions. However, the return to expansion has coincided with lower oil and gas prices. 2024 saw lower sales ...