HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 1.May.2026, Words: 221) — Chevron Corporation CEO Mike Wirth said his company continues to leverage its “deep expertise and long-standing position to create an option for the future.” A case in point was a recently announced asset swap with state-owned PDVSA, which […]
Tag: Mike Wirth
ANALYSIS: Chevron’s Venezuela pivot; doubling down on heavy oil, deferring gas
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 29.Apr.2026, Words: 2,300) — Chevron Corporation’s latest asset swap in Venezuela — exiting gas exposure in favor of heavier oil-weighted positions — is more than an internal portfolio reshuffle. From my vantage point, after years covering Venezuela and wider Latin American […]
Chevron’s Mike Wirth on advancing the next era of energy security during CERAWeek 2026
HOUSTON, TEXAS (By Chevron, 30.Mar.2026, Words: 642) — Leaders with Chevron Corporation said that new technology and investment can help deliver reliable, affordable energy as demand grows. Speaking at CERAWeek 2026’s opening session, Chevron chairman and CEO Mike Wirth said that the world will need many forms of energy for decades. Key […]
Chevron’s CEO Mike Wirth expects limited oil flows from Venezuela to the USÂ
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 oil to flow from Venezuela to the US. “This month, it looks like there will be a limited amount of oil that will begin flowing […]
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 related to the US’ sanction policy aimed at Venezuela: energy security and national security. The US company has operated in Venezuela for over 100 years. […]
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 4Q:23. Results in the 4Q:24 included severance charges of $715mn and impairment charges of $400mn. Chevron said foreign currency affects increased earnings by $722mn. Chevron […]
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 film a segment on Squawk on the Street and a full episode of Mad Money were broadcast live on October 24. ____________________
Balanced Conversation Needed, says Wirth at Gastech (PDF Download)
(Chevron, 15.Sep.2024) — Chevron Chairman and CEO Mike Wirth delivered a keynote address during the recent Gastech 2024 conference. In it, he highlighted the need for a balanced approach to energy policy and underscored natural gas as a key enabler of a lower carbon future. Here are three takeaways from […]
Chevron 4Q:22 Earnings Call Transcript, Buybacks and Rising Venezuela Production
(Motley Fool Transcribing, 27.Jan.2023) — Chevron Corporation’s earnings call for the period ending 31 December 2022 with Chairman and Chief Executive Officer Mike Wirth and his comments on topics ranging from share buybacks to production increases in Venezuela. Contents: –Prepared Remarks –Questions and Answers –Call Participants Prepared Remarks: Operator Good […]
Chevron Reports 1Q:22 Results, Ups Guidance for Permian Basin
(Chevron, 29.Apr.2022) — Chevron Corporation (NYSE: CVX) reported earnings of $6.3bn ($3.22 per share – diluted) for first quarter 2022, compared with $1.4bn ($0.72 per share – diluted) in first quarter 2021. Included in the current quarter were pension settlement costs of $66mn. Foreign currency effects decreased earnings by $218mn. […]
Chevron Reveals $15bn Capital and Exploratory Budget for 2022
(Chevron, 1.Dec.2021) — Chevron Corporation (NYSE: CVX) announced a 2022 organic capital and exploratory spending program of $15bn, at the low end of its $15bn to $17bn guidance range and up more than 20% from 2021 expected levels. This capital program supports Chevron’s objective of higher returns and lower carbon, including approximately $800mn in lower carbon […]