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The licence comes with stringent conditions prohibiting any transfer of oil proceeds to the Venezuelan administration.
Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...
The Trump administration has granted Chevron a conditional exemption to resume operations in Venezuela, potentially impacting ...
Chevron has received a renewed, restricted U.S. license to operate in Venezuela under the condition that no payments are ...
The US oil major was embroiled in a battle with ExxonMobil over its $53bn acquisition of Hess, Donald Trump cancelled its licence in Venezuela and plunging oil prices caused it to announce it was ...
Evercore ISI resumed coverage of Chevron with an ‘Outperform’ rating and $180 price target and noted that the Hess ...
Trump’s One Big Beautiful Bill Act preserved full tax credits for the energy storage industry through to the end of 2032, but the sector is also subject to strict “foreign entity of concern” rules ...
Eni Lifts Cash-Flow Guidance, Confirms $1.8 Billion Buyback Despite Headwinds The company confirmed its planned shareholder returns for 2025 of a 5% dividend increase and a buyback program. Trump ...
Loomer says Gimenez is “pissed” he lost his bid to become the Chair of the House Homeland Security Committee. He would lose ...
Shell Keeps $3.5 Billion Buyback as Earnings Fall Less Than Expected The oil major maintains the pace of shareholder returns despite lower prices weighing on energy companies' balance sheets.
Top U.S. oil producers Exxon Mobil and Chevron are expected to report their lowest earnings in four years when they release ...
In a somewhat striking (and underreported) reversal, the Trump administration has authorized Chevron to resume oil operations ...