Chevron

Chevron has agreed to buy U.S. rival Hess for $53 billion in stock in a deal that reflects top U.S. energy companies' drive for oil and gas assets in a world seeking lower-risk future fossil supplies and higher shareholder returns. Reuters…

Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major looks to cull acreage after major shale acquisitions. The second-largest U.S. oil…

For fulfilling their tax obligations despite the ravaging Covid-19 pandemic and the attendant harsh economy, the Federal Inland Revenue Service (FIRS) has celebrated Nigeria Liquified Petroleum Gas Company Ltd and 21 others, describing…

Shell Nigeria, Chevron and the Nigerian National Petroleum Company (NNPC) Limited are hindering full operation of the Nigeria Liquefied Natural Gas (NLNG) project by not allowing third parties transit gas through their pipelines, the…

Volta, a San Francisco-based electric vehicle charging startup, said on Tuesday it had raised $125 million from investors. The Series D round brings Volta’s total funding to more than $200 million, the company said. Volta is riding a…

Operators of the Lekki Toll Plaza, Lekki Concession Company (LCC), claimed on Tuesday that the surveillance cameras at the toll plaza stopped recording at 8 pm on October 20, the day soldiers allegedly opened fire on #EndSARS…

After years of focusing on U.S. shale, Chevron Corp CVX.N is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long tread warily. CEO Michael Wirth’s pivot away from home is…

The pace of mergers and acquisitions in the U.S. oil and gas sector during the third quarter tied with the first quarter for the worst in a decade, according to data released on Monday, as most shale producers remain reluctant to spend…

Chevron Nigeria Limited (CNL) has confirmed that it will downsize its workforce in Nigeria by 25 per cent across various levels in the oil firm, a development frowned at by the Petroleum and Natural Gas Senior Staff Association of Nigeria…

TAYO ELEGBEDE An investor, Elliott Management Corp. is planning to push for Noble Energy Inc. to abandon its planned sale to Chevron Corp. The investor argued that the deal undervalues the oil and gas producer, according…