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Chevron CEO cautions about the company’s potential exit from Venezuela.

Chevron’s CEO Mike Wirth issued a stern warning regarding the potential for the company to withdraw from Venezuela amid current licensing conditions. This license, established during the Biden administration, allows Chevron to operate domestically but is now under scrutiny. Currently, Chevron can only send Venezuelan oil to the United States. Faced with pressure from the […]

Here is what to know about Chevron Championship winner Mao Saigo

The LPGA Tour marked the first major over the weekend at the Chevron Championship in the Woodlands, Texas, and finished with a pretty bang. I went to the playoffs two weeks ago, just like the Masters, where five players were competing for major titles, in contrast to the two. Five! Japan’s Mao Zedong was able […]

Chevron Begins Key Oil Project in Gulf of America

Chevron announced a massive project on Monday, beginning oil and natural gas production from Barrymore Sub-Sea Tieback in the US Gulf. Located in the Mississippi Canyon area, Barrymore is known as the “undersea tieback.” This means that the discoveries can be utilized on existing platforms using three wells tied to blind faith facilities operated by […]

Trump considers extending Chevron license in Venezuela, more tariffs: report

President Trump is considering an effort to extend Chevron's license to pump up Venezuela's oil and slap other countries trying to do business in the South American country with fresh tariffs. Trump ordered the US oil giant to step down from his operation in Venezuela earlier this month, but during a White House meeting with […]

Trump gives Chevron 30 days to stop pumping oil in Venezuela

On Tuesday, the Trump administration halted Chevron's oil production in Venezuela for 30 days. President Trump overturned a Biden-era license that allowed oil giants to operate in Venezuela despite US sanctions. This is a U-turn from January, where the White House appears to be making progress in Maduro. The Treasury has given the US-based oil […]

Chevron trimming headcount by 15-20% in layoffs

Chevron Chairman and CEO Mike Wirth will provide the latest details on the possible $53 billion merger with Hess in “Mornings with Maria.” Chevron is trying to cut its personnel for a significant amount of money. The energy giant said, “To simplify the organizational structure, 15% to 20% of workers will be fired. [execute] Chevron […]

Chevron slashing up to 8K jobs in major revamp of oil giant

Chevron plans to fire 15% to 20% of the global workforce by the end of 2026. This said Wednesday as it seeks to reduce costs and simplify its business. Chevron is caught up in a court battle with rival Exxon Mobil over the planned acquisition of oil producer Hess. This is the cornerstone of a […]