Chevron News


Syria, Chevron Start Talks on Oil and Gas Exploration

Dec 03, 2025

Syrian President Ahmed al-Sharaa met delegations from U.S. oil major Chevron and the Syrian Petroleum Company to discuss cooperation in oil and gas exploration fields on Syrian shores, the Syrian state news agency said on Tuesday.The state news…

Europe’s Drilling Revival Tests US Energy Pledges and Import Boom

Dec 01, 2025

European countries are loosening their strict opposition to new oil and gas drilling, reversing years of climate-driven resistance to fossil fuels as governments seek to reduce a heavy reliance on costly energy imports, including from the U…

TotalEnergies Inks Farm-Out Deal with Chevron for Two Blocks Offshore Nigeria

Dec 01, 2025

TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.Located in the prolific West Delta basin…

TotalEnergies, Chevron Lead Bidding for Galp’s Namibia Oil Find

Nov 20, 2025

Oil majors TotalEnergies and Chevron have emerged as front-runners in the auction for a 40% operating stake in Galp's Mopane discovery in Namibia, four sources told Reuters.Oil companies have flocked to Namibia, which has no hydrocarbon production…

Strike Threat Looms Over Woodside’s Pluto 2 LNG Expansion

Nov 20, 2025

A union group applied to Australia's labour tribunal on Thursday for permission to strike at Woodside Energy's Pluto 2 project before the end of the year, in a battle over pay at the under-construction facility.A strike by construction workers…

Chevron Eyes Lukoil Assets

Nov 17, 2025

Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets…

Chevron Bets on Long-Term Oil Demand Despite Oversupply Fears

Nov 14, 2025

When warnings abound about an imminent collapse in oil prices, one would not expect the CEO of a major oil company to boast that he has never been more confident.Yet that was precisely the message conveyed in Chevron's updated strategy, unveiled by CEO Mike Wirth on Wednesday…

Bidders Circle Lukoil’s Overseas Assets as Sanctions Loom

Nov 13, 2025

From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil LKOH.MM are attracting potential bidders as time runs out to clear deals before U.S. authorities enforce sanctions.The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace talks over Ukraine…

Higher Output Lifts Oxy’s Quarterly Profit

Nov 11, 2025

Occidental Petroleum beat Wall Street expectations for third-quarter profit on Monday, as higher production helped the U.S. shale producer counter weaker oil prices.U.S. oil and gas output rose to a record in August even as benchmark Brent crude…

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Nov 09, 2025

Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy…

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