Chevron, Venezuela
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Chevron and other energy stocks soared Monday morning, though oil prices barely budged, after the US captured Venezuelan dictator Nicolás Maduro and President Trump said American companies would tap into the nation’s rich oil reserves. Shares in Chevron, which is the only major US oil company currently operating in Venezuela, jumped 4.8%.
Chevron Corp. and private equity group Quantum Energy Partners will join forces to buy the international assets of sanctioned Russian oil company Lukoil PJSC, according to the Financial Times.
Private equity group Quantum Energy Partners is working on a bid that could involve U.S. oil major Chevron for the international assets of Russian oil major Lukoil , a source familiar with the matter said.
Chevron and others in the broader U.S. oil-and-gas industry didn’t receive advance notice of the U.S. incursion or the Trump administration's broader Venezuela strategy, according to people familiar with the matter.
Warren Buffett's Berkshire Hathaway owns about 6% of Chevron, the only US oil major currently operating in Venezuela.
Oil major Chevron Corp , global trading houses Vitol and Trafigura, and other firms are competing for U.S. government deals to export crude oil from Venezuela, according to sources familiar with the matter.
There isn’t an easy path for U.S. companies to fulfill President Trump’s promise of overhauling Venezuela's energy infrastructure and reviving its key industry. But many oil-company sh
Richard Epstein says Supreme Court must intervene in case that could reshape where massive pollution suits are heard
A former Chevron executive is seeking $2 billion in investment for oil opportunities in Venezuela as the U.S. shows interest in rebuilding the country's petroleum industry following the capture of its former leader.
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron , the European energy major said on Tuesday.