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Thursday, August 22, 2019

Tag: Chevron

Oil shares sag as S&P 500 ends at another record

Petroleum-linked shares tumble with oil prices as Wall Street stocks finish a choppy session higher, with the S&P 500 at a second straight record.

Ithaca buys Chevron’s North Sea assets for US$2 billion

News of the Chevron divestment comes one month after Britain's Chrysaor bought US ConocoPhillips' North Sea oil and gas assets for US$2.7 billion.

Occidental faces investors one day after Anadarko win hits shares

The meeting could become a proxy referendum on the US$38 billion deal, which will shave 10% off Occidental’s market value.

Anadarko CEO could get US$64 mln payout after Chevron deal

The haul includes US$21.4 million in accumulated pension payments, about US$8 million of severance and benefits, and equity awards worth US$35 million.

Exxon, Chevron’s big Permian output hike adds to OPEC’s woes

The production surge from Exxon and Chevron appears likely to further weaken OPEC’s grip on oil-market fundamentals.

Chevron to buy Texas refinery from Brazil’s Petrobras

The plant produces mostly gasoline and distillates such as diesel.

Exxon Mobil, Chevron earnings jump on higher oil prices

Results for the two biggest oil companies reflected the boon from rising prices, which averaged US$69 a barrel on international markets during the quarter, compared to just US$48 a year earlier.

Unions accuse Chevron of “massive” tax avoidance via the Netherlands

The Dutch government, which says it wants to help stop tax avoidance, has come under pressure from the OECD and the European Commission to take measures to halt tax avoidance.

BP to pay US$10.5 billion for most of BHP’s US shale...

Melbourne-based BHP will also sell its Fayetteville operation to a Merit Energy Co unit for about US$300 million to complete its exit from the shale sector.

Chevron exits Indonesia’s Makassar Strait block

: Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development offshore natural gas project to focus on more promising areas in the venture.

An emerging shale oil producer is courting Exxon and Chevron

Sonatrach first met with Exxon about a new partnership in January, according to Abdelmoumen Ould Kaddour, the company’s chief executive.

Chevron, Exxon CEOs worry global trade conflict could harm economy

Mike Wirth and Darren Woods expressed their concerns over a possible global trade conflict.

Axed Caltex operators reject offer to meet petrol company

According to one former station operator, Caltex had imposed conditions for the meeting.

Menjelang Raya esok, 200 pekerja Caltex merenung masa depan

Notis pemberhentian diberikan selang beberapa hari lagi sambutan Aidilfitri.

Alasan Caltex tidak munasabah, kata persatuan stesen minyak

Presiden PDAM berkata syarikat itu tidak berhak menamatkan kontrak 15 pengusaha stesen minyak tanpa alasan kukuh.

Caltex pertahan keputusan tamatkan kontrak pengusaha stesen minyak

Chevron berkata syarikat itu mempunyai hak untuk melanjutkan atau menamatkan kontrak runcit pada bila-bila masa.