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Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corp.'s offshore oil assets in the South American nation of Guyana.
Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage where billions of barrels of oil equivalent have been discovered.
The company’s reserves dropped from 11.1 billion barrels of oil equivalent (boe) in 2023 to 9.8 billion in 2024, raising concerns among analysts about Chevron’s long-term output.
Chevron's reserves, or the amount of oil and gas that it can potentially extract, declined from 11.1 billion barrels of oil equivalent in 2023 to 9.8 billion by the end of 2024. The reserves also ...
Chevron Corporation CVX is reportedly setting its sights on major oil and gas opportunities in Indonesia, marking a potential return to a region it exited in 2023. Indonesia’s upstream regulator ...
Chevron’s (NYSE:CVX) oil and gas reserves dropped more than 1B boe to 9.8B boe at the end of 2024 from 11.1B boe at the end of the prior year, although some of the decline was due to acreage sales.
Chevron Corp, the second-largest U.S.-based oil producer, said on Friday its oil and natural gas reserves fell 1 percent last year largely due to the sale of its stake in a Chad oil field.
Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come.