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There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.
Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
CVX's offshore zinc contamination disrupted Mars crude flows, forcing DOE action and roiling Gulf Coast refiners.
Energy producer aims to start Project Labrador construction by 2027 to secure US tax credits before they expire under the new ...
Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
Energy producer aims to start construction by 2027 to secure U.S. tax credits before they expire under the new federal budget ...
This issue has prompted the US Government to release barrels from its emergency stockpile to support regional refineries.
A company that went public in 2019, Aramco has a current market capitalization more than three times as large as its nearest ...
Chevron's growth hinges on the successful Hess acquisition, particularly for access to Guyana's prized oil assets and to ...
Hess Corp.'s planned $53 billion sale to Chevron Corp.—which could close imminently if an arbitration panel rejects a ...
BofA's Salisbury sees limited downside and long-term upside for Chevron as the Hess arbitration decision nears a resolution.
The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...