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...Several large Taiwanese manufacturers are considering setting up a second headquarters overseas to ensure they can keep operating in the event of a Chinese attack on their country....
...Chevron chief executive Mike Wirth told investors the company remained confident that a pre-emption right does not apply to the transaction and this would be affirmed in arbitration....
...Hess, with Exxon arguing it has the right of first refusal over Hess’s stake in the Guyanese development.On Monday, Exxon chief Darren Woods insisted the conflict would not undermine the companies’ ability...
...The chief executive of ExxonMobil has insisted that its tense dispute with Chevron over a prized Guyana oilfield will not damage the working relationship between the two US oil companies, even as the spat...
...Exxon confirmed talks were ongoing with Chevron and Hess and said the company “owe[d] it to our investors and partners to consider our pre-emption rights”....
...Exxon confirmed talks were ongoing with Chevron and Hess and said the company “owe[d] it to our investors and partners to consider our pre-emption rights”. Read more here...
...Chevron acquisition....
...The chief executive of ExxonMobil has insisted its tense dispute with Chevron over a prized Guyana oilfield will not damage the working relationship between the two US oil companies, even as the spat threatens...
...Chevron, the second-biggest US oil company, has been “engaged in discussions” with Exxon and Cnooc — joint owners of the Stabroek Block project — “regarding a right of first refusal provision in the joint...
...Hess’s investors appeared to be more concerned, with the difference between the company’s current stock price and the value of Chevron’s offer continuing to widen....
...Chevron’s fell from $6.4bn to $2.3bn....
...It may well sell down its stake to an international oil company. Candidates include Shell, Total and Chevron, which are all drilling, or planning to drill, in the same Orange oil basin....
...John Kerry, the US climate envoy, singled the company out. Asked at COP28 what more Chevron could be doing on climate, he responded: “everything”....
...Chevron on Tuesday said a deepening rift with lawmakers over energy policy in California would dent its earnings in the fourth quarter and further reduce its investment plans for its home state....
...In September the state sued several of the world’s biggest oil companies, including Chevron, alleging they deceived the public for decades about how the burning of fossil fuels is destroying the planet....
...Chevron has restored production at the Tamar offshore gasfield in Israel, the company said on Monday, ending the supply disruption caused by the start of the war on October 7....
...The plaintiffs claim that Chevron and several other oil companies transferred hundreds of low-yielding wells to HRM, which kept the profits of operating these assets and then conspired to avoid millions...
...America’s second biggest oil company posted earnings that were down from $11.2bn in the same period last year but up from $6bn in the previous three months amid fluctuating crude prices....
...But it is moot whether anyone will see an oil company as a trophy asset 23 years from now....
...One scoop to start: Northvolt is looking to list its shares in Stockholm over other venues for one of the largest flotations for a European company in recent years....
...And in acquiring Hess, Chevron will become one of the largest producers in the Bakken Formation (and gains a foothold in Guyana, where Exxon already has a leading presence)....
...Exxon boasts a market value of about $480bn versus $300bn for Chevron, $230bn for Shell and $110bn for BP....
...This article has been amended after Chevron clarified a detail of its company-wide target for capturing CO₂ by 2030...
...“Chevron Mediterranean Limited was instructed by Israel’s Ministry of Energy to shut-in production at the Tamar Production Platform,” the energy company said in a statement It added: “Chevron is focused...
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
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