Hints and tips:
...The companies said they expected the deal to close by late 2024 or early 2025....
...He said the South American country had benefited from the easing of US sanctions on its oil industry in October and the entry of US companies such as Chevron....
...And the big oil majors (Exxon, Conoco, Chevron) don’t look very cheap relative to the profit and revenue growth the street expects right now....
...Morgan Stanley brought on Greg Weinberger, a longtime adviser to Chevron who left Credit Suisse in 2019....
...Alvarez & Marsal has named Chevron veteran Jay Johnson as senior adviser to its energy practice....
...BP’s shares have lagged behind its competitors, particularly in the US where ExxonMobil and Chevron have been slower to embrace the energy transition....
...And the bondholder group, led by Apollo, seemed ready to pounce, perhaps even forcing the company into a messy bankruptcy where creditors could take the keys....
...Reflecting this strength, Chevron on Wednesday announced it will repurchase $75bn of shares over an unspecified number of years....
...Chevron’s investment was made by its Technology Ventures unit, which has also backed the Seattle-based fusion start-up Zap Energy....
...Similar lines have also started to appear at ExxonMobil and Chevron amid pressure from climate activists. Now Third Point is calling them out....
...Chevron, ExxonMobil and Glencore were among the nearly 17,000 companies graded an “F”....
...The intervention at one of the world’s biggest oil companies came a day before the chief executives of ExxonMobil and Chevron, as well as the US heads of Shell and BP, are due to testify in Congress about...
...Big players including Exxon and its rival Chevron might stand to come out on top as the industry consolidates into the hands of the top 10 oil producers....
...The removal of Exxon will leave the Dow with just one energy company in its cohort: Chevron....
...And only large independents or supermajors such as Chevron and ExxonMobil still have the financial strength to make acquisitions....
...It looks like only ExxonMobil and Chevron can say, with a certain degree of confidence, that they’ll be able to survive the current geopolitical onslaught....
...It pits proxy advisers and many large asset managers against some of America’s biggest companies, including ExxonMobil and Chevron, who claim the groups are too powerful and beset by conflicts of interest...
...A $4m investment in a controversial pollution lawsuit against Chevron in Ecuador in 2010 backfired when the lawyers Burford supported were accused of committing fraud....
...The US oil and gas company has launched a hostile $55bn bid for Anadarko Petroleum in the hopes of thwarting its planned acquisition by Chevron....
...Credit Suisse bankers who advised Chevron on its broken $50bn deal for Anadarko Petroleum will lament a perhaps once-in-a-lifetime $50m payday....
...Among the largest were the software provider Oracle, the airliner manufacturer Boeing, the oil major Chevron and the fund manager Franklin Templeton....
...It also works with companies including Schlumberger, the world’s largest oilfield services group, Total and Chevron....
...The Dow Jones Industrial Average finished the day up 0.18 per cent to 22,158, thanks to rises of more than 1 per cent for energy giant Chevron and newly merged chemicals company DowDuPont, while the Nasdaq...
...The new players, which include ExxonMobil, Total, Chevron, Shell and China’s Cnooc, bring much needed cash and specialist expertise to a sector where Pemex has moved back into the black after a painful austerity...
...Both US companies have called on their shareholders to vote against the resolutions....
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