Chevron has entered Libya’s upstream sector after winning a block in the country’s 2025 licensing round and signing a co-operation deal with the National Oil Corporation, the company said on Wednesday.
Subsea7 has been awarded a substantial contract by Chevron for subsea installation work in the Eastern Mediterranean, reinforcing the contractor’s presence in the region and its long-standing relationship with the operator.
Exxon Mobil Corp. and Chevron Corp. surpassed profit expectations as higher oil production helped offset the blow from lower crude prices.
Turkey’s state energy company is in talks with Chevron Corp to jointly explore for oil and gas, according to a Turkish official familiar with the discussions.
Turkey’s state energy company is in talks with Chevron to jointly explore for oil and gas, according to a Turkish official familiar with the discussions.
Chevron is evaluating a potential bid for Lukoil assets placed under pressure following recent U.S. sanctions, according to an exclusive report from Reuters, adding another major Western operator to the group reviewing opportunities created by Russia’s forced divestments. The review covers a range of refining, fuel-marketing and upstream positions once held by Lukoil across Europe, the […]
The argument worked in Shell’s arbitration case against Venture Global, where the court sided with the latter. It did not work with another arbitration case, brought against the U.S. LNG producer by BP, which is asking for over $1 billion in compensation. The total sought in damages from Venture Global by its long-term clients is over $4 billion. The company has warned that any unfavorable court ruling would lead to contract cancellations and faster repayment of loans taken out to build its LNG facilities, from the long-term buyers of the commodity.
According to Emmanuelle Garinet, VP of Exploration Africa at TotalEnergies, Africa’s frontier basins hold significant volumes. She pointed to Namibia as an example of how seismic and subsurface data can de-risk projects: “When we decided to drill the Venus well, it was frontier, but we had a probability of success of more than 50% because of the seismic data and direct hydrocarbon indicators.”
Ghana’s Minister of Energy and Green Transition, Hon. John Abdulai Jinapor, has reaffirmed the government’s commitment to fostering investor confidence and promoting natural gas as a cornerstone of the nation’s energy future.
State-owned Israel Natural Gas Lines Ltd (INGL) signed an agreement to allow the Chevron Corp-led Leviathan consortium to use the planned Nitzana pipeline to ship more natural gas from the Israeli offshore field to Egypt, Leviathan co-venturer NewMed Energy LP said Tuesday.