Chevron can resume oil production in Venezuela
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Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, or might it be more efficient for the two to join forces?
It’s been a bumpy ride for energy this year, because of overall soft crude prices and macroeconomic uncertainty. The widely followed Energy Select Sector SPDR exchange-traded fu
The Trump administration's decision to let Chevron (NYSE:CVX) resume producing and exporting Venezuelan crude is set to increase crude supplies for U.S. refiners by more than 200K bbl/day, Bloomberg reported Friday.
Chevron is moving forward with its massive $53 Billion acquisition of Hess Corporation. This comes after winning a high-stakes legal battle against ExxonMobil. The dispute centers on rights to one of the most significant oil discoveries in decades is located off the coast of Guyana.
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