PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 5.Nov.2025, Words: 515) — Staatsolie Maatschappij Suriname N.V. signed production sharing contracts (PSCs) for offshore Blocks 9 […]
Tag: Chevron
Exxon eyes Guyana production surpassing 900,000 boe/d with Yellowtail
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 31.Oct.2025, Words: 253) — ExxonMobil Corporation’s Yellowtail project offshore Guyana was brought online in the third quarter […]
Chevron Corp. says fire at El Segundo refinery is now out
EL SEGUNDO, CALIFORNIA (By Chevron, 3.Oct.2025, Words: 176) — On Thursday, 2 Oct. 2025, at approximately 9:30pm, a fire occurred at the Chevron Corporation El Segundo […]
Chevron supports Trump’s efforts to assist Argentina, eyes further investments
SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 24.Sep.2025, Words: 172) — US-based Chevron Corporation applauds the administration of US president Donald Trump […]
ExxonMobil Guyana expands capacity with $6.8bn offshore development Hammerhead
SPRING, TEXAS (By ExxonMobil, 22.Sep.2025, Words: 312) — ExxonMobil has made a final investment decision (FID) for the Hammerhead development offshore Guyana, after receiving the […]
Chevron and Westlawn incorporated into Trujillo basin contracts offshore Peru
BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 21.Aug.2025, Words: 277) — Peru’s executive branch approved the modification of the license contracts for the exploration […]
Chevron-chartered tanker docks at Venezuela to load oil after new US license
HOUSTON, TEXAS (By Reuters, Marianna Parraga and Arathy Somasekhar, 12.Aug.2025, Words: 252) — A Chevron-chartered tanker docked at Venezuelan state company PDVSA‘s Jose terminal on […]
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Chevron reports 2Q:25 results, updates on Hess deal [pdf downloads]
HOUSTON, TEXAS (By Chevron, 1.Aug.2025, Words: 168) — Chevron Corporation reported earnings of $2.5 billion ($1.45 per share – diluted) for second quarter 2025, compared […]
Chevron’s CEO Mike Wirth expects limited oil flows from Venezuela to the US
HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 1.Aug.2025, Words: 314) — Chevron Corporation CEO Mike Wirth said recent changes will limit the amount of […]
Triple-frac extraction technique saves time and money in the Permian
HOUSTON, TEXAS (By Chevron, 29.Jul.2025, Words: 196) — After the oil and gas industry began using hydraulic fracturing in shale plays, it took less than […]
White House gives Chevron green light to resume oil production in Venezuela: Politico
WASHINGTON, DC (By Politico, Ben Lefebvre and Isa Domínguez, 28.Jul.2025, Words: 167) — The Trump administration will allow U.S. energy giant Chevron to resume production […]
Chevron to transfer interest in Hess Toy Truck LLC in Apr. 2026
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 28.Jul.2025, Words: 533) — Effective as of 1 Apr. 2026, Chevron USA is expected to cause the […]
John B. Hess appointed to Chevron Corporation board
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 28.Jul.2025, Words: 342) — The board of directors of Chevron Corporation appointed John B. Hess as a […]
Maduro says Venezuela does not need licenses to produce oil
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 25.Jul.2025, Words: 192) — Venezuela’s president Nicolás Maduro Moros said his country does not need a […]
EAI brief: Washington to allow Chevron to continue work in Venezuela, WSJ says
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 24.Jul.2025, Words: 118) — The administration of US president Donald Trump has reversed course and will now […]
EAI brief: Stabroek Petroleum Agreement v. IFRS
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 24.Jul.2025, Words: 91) — The prolific Stabroek block offshore Guyana just welcomed in a new player: […]
Trump quietly renews Chevron’s license in Venezuela, marking shift in US policy
MIAMI, FLORIDA (By Antonio Maria Delgado, Miami Herald, 24.Jul.2025, Words: 1,030) — In a marked shift in U.S. policy toward Venezuela, the Trump administration has quietly […]
Chevron seals Hess deal as ExxonMobil’s Guyana challenge fails
(By Nilanjan Choudhury, Zacks, 21.Jul.2025, Words: 407) — Chevron Corporation (CVX) has finally completed its big purchase of Hess Corporation, a deal that was held up […]
Chevron completes $53bn acquisition of Hess Corporation, eyes Guyana production growth
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 18.Jul.2025, Words: 722) — Chevron Corporation has finally completed its acquisition of Hess Corporation following the […]
EAI brief: arbitrators in Exxon v Hess fight reach decision on Chevron’s $53bn merger
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 3.Jul.2025, Words: 215) — Chevron Corporation seems 1 step closer to pushing its proposed $53bn acquisition […]
Venezuela’s oil exports on the rise as more cargoes head to China
(Reuters, 2.Jul.2025, Words: 350) — Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous […]
Energy Transfer inks incremental SPA with Chevron for 1 MTPA for Lake Charles LNG facility
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 25.Jun.2025, Words: 305) — Energy Transfer LNG Export, LLC, a subsidiary of Dallas-based Energy Transfer LP, signed a […]
TotalEnergies enters 40 Chevron-operated exploration blocks offshore the US
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 16.Jun.2025, Words: 238) — TotalEnergies acquired a 25% working interest in a portfolio of exploration leases offshore […]
Venezuela lays foundation to boost petrol to $0.75/lt from $0.50/lt, Bloomberg Línea says
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Jun.2025, Words: 136) — The government of Venezuela’s president Nicolás Maduro is laying the foundations to implement […]
Venezuela’s ‘Black Gold’: 4 original upgraders Sincor, Petrozuata, Cerro Negro and Hamaca
PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 8.Jun.2025, Words: 1,143) — Venezuela is blessed with numerous heavy-oil reservoirs, but none compares […]
IOCs built 4 upgraders in Venezuela in the 1990s, only PetroPiar continues to produce
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 4.Jun.2025, Words: 343) — In the 1990s, international oil companies (IOCs) from Chevron Corporation and ExxonMobil Corporation […]
Venezuela’s oil exports stable as buyers in China receive more
(Reuters, 3.Jun.2025, Words: 473) — Venezuela’s oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized […]
Maduro says Venezuela producing 1.1 MMb/d amid unilateral coercive measures
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.Jun.2025, Words: 211) — Venezuela’s president Nicolás Maduro said his country was on average producing close to […]
Maduro activates monitoring room to over see Venezuela’s hydrocarbon sector
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.May.2025, Words: 255) — Venezuela’s president Nicolás Maduro activated a new situational control and monitoring room within […]
Chevron confirms expiration of GL 41B that impacts operations in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 246) — Chevron Corporation confirmed expiration of General License 41B (GL41B), issued by the US […]
Chevron confirms 3 dead in Angola after BBLT incident
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 29.May.2025, Words: 499) — Chevron Corporation confirmed the death of a third contractor as a result of the […]
Trump, OFAC and Chevron’s “secret” license to operate in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.May.2025, Words: 274) — The administration of US president Donald Trump has authorized Chevron Corporation to continue […]
US grants Chevron narrow authorization to keep assets in Venezuela, sources say
(Reuters, 27.May.2025) — The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, including its stakes in oil […]
US plans Chevron license for minimum maintenance in Venezuela, Bloomberg reports
BENGALURU, INDIA (Reuters, 23.May.2025, Words: 215) — U.S. President Donald Trump’s administration is preparing to issue a narrowly tailored license to Chevron, allowing the company […]
Marco Rubio says Chevron license in Venezuela to expire on 27 May 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.May.2025, Words: 92) — US Secretary of State Marco Rubio downplayed rumors that the US would extend a […]
Datanalisis’ Vicente Leon comments on Washington-Caracas talks, Chevron wind-down
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 280) — Datanalisis president Luis Vicente León said it was unclear when oil licenses […]
US set to extend Chevron’s lifeline in Venezuela another 60 days amid negotiations
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.May.2025, Words: 209) — Chevron Corporation, which has operated in Venezuela for the greater part of 100 […]
Chevron says CABGOC responds to an incident at BBLT platform
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.May.2025, Words: 193) — Chevron Corporation announced that at approximately 3:10am a fire occurred on the cellar deck […]
Fire at Chevron oil platform offshore Angola injures 17
CAPE TOWN, AFRICA (Reuters, 20.May.2025, Words: 185) — Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday […]
Chevron CEO Mike Wirth says energy and national security at play in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 452) — Chevron Corporation CEO Mike Wirth said there were 2 important real implications related […]
Venezuela loses 20% of oil exports after cargo cancellations to Chevron
CARACAS, VENEZUELA (Reuters, 1.May.2025, Words: 388) — Venezuela’s oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level […]
Dissecting Y-P-F: pipelines to help reduce Vaca Muerta bottlenecks
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 13.Apr.2025, Words: 1,365) — Argentina’s plans to significantly boost Vaca Muerta crude oil and natural gas […]
LatAmNRG heard: Bukele to DC, Delcy on China and Russia, YPF dividend, lithium in Mexico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Apr.2025, Words: 450) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Chevron’s Venezuelan oil cargoes canceled, stalled amid payment uncertainty
HOUSTON, TEXAS (Reuters, 11.Apr.2025) — At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company PDVSA canceling their export authorizations, […]
Venezuela at risk to lose 400,000 b/d and $9.4bn in revenues: Barclays
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 26.Mar.2025, Words: 650) — Secondary tariffs of 25% announced by US president Donald Trump on countries […]
OFAC releases GL41B, extends Chevron’s wind down in Venezuela until 27 May 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Mar.2025, Words: 281) — The US Office of Foreign Assets Control (OFAC) issued General License No. 41B […]
Rystad forecasts 300,000 b/d drop in Venezuelan oil production with Chevron exit
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 10.Mar.2025, Words: 218) — The 27 Feb. 2025 decision by the US to end Chevron Corporation‘s […]
LatAmNRG Heard: US pressures IOCs in Venezuela, Ebrard’s FDI expectations
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 7.Mar.2025, Words: 435) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
OFAC Releases GL41A Stipulating Chevron Wind Down in Venezuela [PDF Download]
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025) — The Office of Foreign Assets Control (OFAC) issued General License No. 41A on 4 Mar. […]
EnerMech inks pre-commissioning deal for ONE GUYANA FPSO by SBM Offshore
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Mar.2025) — EnerMech, which specializes in integrated solutions for complex projects around the world, has been selected […]