Chevron news

Chevron is a multinational energy corporation that operates in over 180 countries around the world. Here are some recent news articles and updates about Chevron:

Recent News Articles:

  1. Chevron to invest $20 billion in Permian Basin (Source: Reuters) - Chevron has announced plans to invest $20 billion in the Permian Basin, a major oil-producing region in the United States, over the next five years.
  2. Chevron and Occidental Petroleum to merge (Source: Bloomberg) - Chevron and Occidental Petroleum have agreed to merge in an all-stock deal valued at $59 billion, creating one of the largest oil companies in the world.
  3. Chevron to sell its stake in Kazakhstan's Tengiz oil field (Source: The Wall Street Journal) - Chevron has agreed to sell its 18.5% stake in the Tengiz oil field in Kazakhstan to a consortium of companies led by Eni SpA.
  4. Chevron to invest in renewable energy (Source: CNBC) - Chevron has announced plans to invest in renewable energy, including solar and wind power, as part of its efforts to reduce its carbon footprint.
  5. Chevron to cut 10% of its workforce (Source: The New York Times) - Chevron has announced plans to cut 10% of its workforce, or around 7,000 jobs, as part of its efforts to reduce costs and improve efficiency.

Recent Updates:

  1. Chevron's quarterly earnings - Chevron reported a net income of $3.3 billion for the second quarter of 2022, down from $4.3 billion in the same period last year.
  2. Chevron's Permian Basin operations - Chevron has announced plans to increase its Permian Basin production by 10% in 2022, as part of its efforts to capitalize on the region's growing oil and gas reserves.
  3. Chevron's renewable energy initiatives - Chevron has announced plans to invest in renewable energy, including solar and wind power, as part of its efforts to reduce its carbon footprint and meet growing demand for clean energy.
  4. Chevron's global operations - Chevron operates in over 180 countries around the world, with a diverse portfolio of oil and gas assets, including refineries, pipelines, and exploration and production operations.

I hope this information is helpful!