Tag: Chevron

“The transfer of ownership from IOCs to Nigerian firms would lead to increased output. Divestment is a global industry practice.

The focus now, according to Sawan, is not just on managing Shell’s existing operations, but also on driving shareholder value through strategic investments

Chevron and investment firm Engine No. 1 have announced a strategic partnership to develop large-scale power solutions for U.S.-based data centers, leveraging the country’s abundant natural gas resources. The initiative, ...

Namibia’s oil and gas development ambitions remain on track despite Shell’s recent announcement that some discoveries in the offshore Petroleum Exploration License (PEL) 39 are not currently deemed commercially viable. ...

Shell Offshore Inc., a subsidiary of Shell plc (Shell), has announced the Final Investment Decision (FID) for the Phase 3 Silvertip project, a strategic expansion aimed at enhancing production from ...

The Organization of the Petroleum Exporting Countries (OPEC) is setting its sights on Namibia as the next potential addition to its ranks, as the southern African nation gears up to ...

British oil giant Shell on Thursday, 1st February 2024, beat expectations for full-year profit, announcing a 4% increase to its dividend and a $3.5 billion share buyback program. Shell reported adjusted earnings ...

US oil major ExxonMobil is suing the EU in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority ...

Angola has exempted Chevron from complying with environmental policies, allowing it to dump oil waste directly into the ocean offshore Cabinda. A report from local investigative site, Maka Angola, noted ...

Chevron Corporation had its most profitable year since 2014, reporting on Friday, January 28, 2022, that it earned $15.6 billion in net income in 2021, as oil prices surged on ...