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Keywords: Chevron


Chevron shareholders reject proposal for independent board chair

Shareholders of Chevron voted against a proposal that would have required the company to appoint an independent chairperson separate from the chief executive officer role. The decision was announced during the company’s annual shareholder meeting in Houston. The proposal aimed to separate the......

Cyclone disrupts major LNG production sites in Australia

A powerful cyclone has disrupted operations at key liquefied natural gas (LNG) facilities in Australia, affecting global energy supply at a time of heightened market volatility. Energy giant Chevron confirmed that production had been interrupted at major gas projects, including the Gorgon and Wheatstone......

US and Venezuela probe secret oil contracts signed under Maduro

Authorities in the United States and Venezuela are reviewing dozens of confidential oil agreements signed during the rule of former leader Nicolás Maduro, according to Bloomberg, as part of an investigation that could complicate efforts to revive the country’s struggling oil sector. The......

US energy secretary pledges dramatic rise in Venezuela oil output

US Energy Secretary Chris Wright arrived in Caracas on Wednesday for talks with Venezuela’s interim president Delcy Rodríguez, marking the highest level visit by a US energy official to the South American country in nearly three decades. The meeting at the Miraflores presidential palace......

Oil markets shrug off Venezuela raid amid supply glut

Oil prices dipped Monday despite the U.S. military operation that nabbed Venezuelan President Nicolás Maduro over the weekend, as traders weighed potential supply hits against a global market already awash in crude. Brent futures slid 0.6 percent to $60.38 per barrel, West Texas Intermediate easing......

Oil prices fall as Trump eyes Venezuela's vast reserves

Oil prices dropped on Monday as markets weighed President Trump's plan to overhaul Venezuela's energy infrastructure and tap the world's largest proven crude reserves following the capture of President Nicolás Maduro over the weekend. West Texas Intermediate, the U.S. benchmark, fell......

Chinese oil tankers challenge United States blockade near Venezuela

Two Chinese flagged supertankers are continuing operations close to Venezuelan waters despite a blockade announced in mid December by President Donald Trump and an expanding campaign of tanker seizures, according to maritime tracking data. The situation is shaping into a key test of United States enforcement......

Loaded tanker forced back to Venezuelan waters as US blockade tightens

A fully loaded Panama-flagged oil tanker has returned to Venezuelan waters after the United States intensified its maritime blockade targeting the country’s oil exports. The vessel, initially bound for foreign ports, reversed course following reports that the U.S. Coast Guard intercepted several......

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