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...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...
...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 acquisition....
...of its emissions across the board — including from its products, known as scope 3 — by more than 5 per cent between 2016 and 2028....
...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....
...“Setting a margin penalty would absolutely discourage investments here,” Andy Walz, president of Americas products at Chevron, wrote in a letter to the California Energy Commission dated December 12....
...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....
...Mindful of the risk that fresh sanctions on Venezuela might push up oil prices in a US election year, Washington will allow US major Chevron to continue a joint venture with Venezuela’s national oil company...
...But he said he was working on the basis that Chevron’s core products will be in demand for decades to come....
...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...
...This article has been amended after Chevron clarified a detail of its company-wide target for capturing CO₂ by 2030...
...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....
...In an interview with the Financial Times that took place last month, Wirth defended the company’s plans to continue growing its output of oil and gas, arguing that Chevron was “not selling a product that...
...They added that the sales target was in line with the company’s overall growth targets and would therefore not reduce the sale of unhealthy products....
...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)....
...The ship was carrying a Russian-produced refined oil product on behalf of commodities trader Trafigura....
...“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...
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