CEO Michael Wirth stated that "Chevron delivered record production and strong cash generation, supporting sustained shareholder distributions." He highlighted worldwide production surpassing 4 million barrels of oil equivalent per day, driven by strong ...

Chevron Corp. has begun production at its South N'dola oil field off the coast of Angola, adding roughly 20,000 barrels per day to

At a flat $70 Brent, the company projects average annual adjusted EPS growth above 10% through 2030, rising over 14% with escalating real prices. Combined with disciplined capital management, Chevron anticipates a more than 3% increase in return on capital ...

After spending nearly $50 billion to expand the country’s Tengiz oil field, the American oil giant and its partners encounter more uncertainty.

Chevron Corporation CVX has completed a massive undertaking in Kazakhstan. The $48 billion Future Growth Project (FGP) at the Tengiz oil field, managed through its 50% owned partner Tengizchevroil LLP (TCO), is now fully operational. After an impressive 30 ...

Chevron Corporation is setting up its initial power production unit that will focus on supporting the data centers used for artificial intelligence in the region of West Texas. This 2.5-gigawatt gas-fired power plant is quite the departure for the energy ...

Chevron says it’s starting to build a system that will collect carbon dioxide at its Pascagoula refinery, send it through a pipeline to a spot north of Vancleave, and store it deep underground forever. This is something rare for South Mississippi and for ...

ExxonMobil (NYSE: XOM) and its partners, which now include Chevron (NYSE: CVX), have approved the Hammerhead project offshore Guyana. The companies expect to invest $6.8 billion in developing the offshore oil project, which should start producing in 2029.

When ExxonMobil and Chevron, America’s largest domestic oil and gas companies, rolled out their second quarter 2025 earnings reports last week, which combined portray a thriving U.S. energy sector even amid a challenging commodity price picture.

SUGAR LAND, Texas--(BUSINESS WIRE)--Researched by Industrial Info Resources -- Chevron Corporation (NYSE:CVX) (San Ramon, California) has announced an organic capital expenditure (capex) budget of $16 billion for 2024. The spend includes $14 billion for ...