Chevron Corporation is a multinational energy company engaged in all aspects of the oil and gas industry, including exploration, production, refining, and marketing of crude oil and natural gas. The company operates in various regions around the world, focusing on both conventional and unconventional resources. In addition to its fossil fuel operations, Chevron is also investing in renewable energy technologies, such as biofuels and geothermal energy, as part of its commitment to transitioning towards a more sustainable energy future. Through its extensive supply chain, Chevron provides fuels and lubricants for transportation, industrial, and commercial needs, while also prioritizing safety and environmental stewardship in its operations. Read More
A new grant for Venezuelan oil rights is creating a new upside scenario potential for shares of Chevron in the future as an opportunity for shareholders.
The stock nearest and dearest to the Oracle of Omaha's heart has lost more than 10% of its value as the S&P 500 and Nasdaq Composite have surged to new highs.
The United States current-account deficit expanded sharply to $450 billion in the first half of 2025, marking a renewed widening of the country's financial shortfall with the rest of the world. This expansion reflects a persistent imbalance between what the nation imports and what it exports in goods, services, income,
Trump backs Chevron's return to Venezuela oil fields, challenging GOP critics and reversing policy, as U.S. negotiates prisoner releases and limits Maduro's profits.
Benchmark Brent crude prices rose 0.6% at $69.61 per barrel, while U.S. West Texas Intermediate crude prices gained 0.6% to $66.44 per barrel at 2.29 GMT.
The Trump administration has reinstated Chevron Corp.’s license to pump oil in Venezuela, a significant policy reversal that coincides with a broader diplomatic development between Washington and Caracas, Bloomberg reported, citing sources.
Chevron is approaching a production plateau in the Permian Basin—America’s top oil field—and expects this shift to generate billions in free cash flow, according to Bloomberg.
