(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 […]
Tag: Chevron
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 LĂnea 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 (By Pietro D. Pitts, Energy Analytics Institute, 4.Jun.2025, Words: 343) — In the 1990s, international oil companies (IOCs) from Chevron Corporation and ExxonMobil […]
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 41BÂ 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 LeĂłn said it was unclear when oil licenses […]
US set to extend Chevron’s lifeline in Venezuela another 60 days amid negotiations
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 20.May.2025, Words: 209) — Chevron Corporation, which has operated in Venezuela for the greater part of […]
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 (By Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 452) — Chevron Corporation CEO Mike Wirth said there were 2 important real implications […]
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 MexicoÂ
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 […]
Chevron JVs producing around 242,000 b/d or 27% of Venezuela’s production
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 2.Mar.2025, Words: 666) — 4 Venezuelan joint ventures (JVs) of US-based Chevron Corporation were producing an […]
US Treasury prepares action regarding Chevron Venezuela General License 41
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 2.Mar.2025, Words: 164) — The US Treasury Department is preparing to take action to wind-down General License 41 […]
Chevron Starts Several Projects in the Gulf of America [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Chevron Corporation reported earnings of $3.2bn in the fourth-quarter 2024 (4Q:24) compared with $2.3bn in the […]
US Upstream M&A Deals Reach $105bn in 2024
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Jan.2025) — Enverus subsidiary Enverus Intelligence® Research (EIR), said upstream merger & acquisition (M&A) deals closed in […]
Chevron, Engine No. 1 and GE Vernova to Power US Data Centers
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Engine No. 1 — an investment firm that builds and invests in companies that are driving the […]
Chevron Boasts First Oil at Future Growth Project in Kazakhstan
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jan.2025) — Chevron Corporation‘s 50% owned affiliate Tengizchevroil LLP (TCO) started oil production at its Future Growth Project […]
Chevron Filed Taxes in Venezuela Despite Sanctions, Documents Show
(BLOOMBERG, 16.Jan.2025) — Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás […]
Shell Starts Production in US GOM at 100,000 boe/d Whale Development
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jan.2025) — Shell plc subsidiary Shell Offshore Inc. announced the start of production at the Shell-operated Whale floating […]
Venezuela’s Economic and Oil Production Strides in 2025 at Donald Trump’s Whim
(Pietro D. Pitts, Energy Analytics Institute, 23.Dec.2024) — The directional movements of Venezuela’s economy in 2025 will depend on Washington’s new man in charge, Donald […]
LatAm NRG Heard: Argentina’s GDP, Chevron Venezuela, Plan Mexico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 20 Dec. 2024. […]
Energy Transfer inks 2 MTPA supply deal with Chevron for Lake Charles LNG project
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 19.Dec.2024, Words: 309) — Energy Transfer LP subsidiary Energy Transfer LNG Export, LLC entered into a 20-year […]
Woodside and Chevron Announce Australian Asset Swap
(Energy Analytics Institute, 19.Dec.2024) — Energy giants Woodside Energy and Chevron Corporation agreed to an asset swap regarding assets in Australia. “Chevron and Woodside have […]
Shell Announces FID for Silvertip Phase 3 in US GOM
(Energy Analytics Institute, 12.Dec.2024) — Shell plc subsidiary Shell Offshore Inc. announced a final investment decision (FID) on the Phase 3 Silvertip project in the […]
Chevron Eyes Capex of $14.5bn-$15.5bn in 2025
(Energy Analytics Institute, 5.Dec.2024) — Chevron Corporation eyes organic capital expenditure (Capex) of between $14.5bn-$15.5bn for its consolidated subsidiaries in 2025. In terms of affiliate […]
Chevron Eyes More Non-core Asset Divestments, Wirth Says
(Energy Analytics Institute, 1.Nov.2024) — California-based Chevron Corporation plans to continue to divest non-core assets as part of its ongoing portfolio optimization efforts. This, as […]
Chevron Reports 3Q:24 Details, Updates on Hess Merger (PDF Downloads)
(Chevron, 1.Nov.2024) — Chevron Corporation reported earnings of $4.5bn ($2.48 per share – diluted) for third quarter 2024, compared with $6.5bn ($3.48 per share – […]
Chevron CEO Mike Wirth Visits Anchor Platform (Video)
(Chevron, 29.Oct.2024) — Chevron Corporation Chairman and CEO, together with CNBC, flew out to the U.S. Gulf of Mexico to visit the Anchor Platform to […]
FACTSHEET: Chevron’s Anchor Platform
(Energy Analytics Institute, 29.Oct.2024) — Chevron Corporation revealed some key takeaways about its Anchor platform in the US Gulf of Mexico. Those takeaways include the […]
Morningstar DBRS Places CNRL’s Credit Ratings Under ReviewÂ
(Morningstar DBPS, 8.Oct.2024) — DBRS, Inc. (Morningstar DBRS) placed all credit ratings of Canadian Natural Resources Limited (CNRL or the Company) Under Review with Negative […]
Chevron Reveals $6.5bn Sale of Interests in Canada to CNRL
HOUSTON, TEXAS (Energy Analytics Institute, 7.Oct.2024) — Chevron Canada Limited, an indirect subsidiary of Chevron Corporation, and a related entity entered into a definitive agreement […]