Chevron Corporation is a multinational energy company engaged in all aspects of the oil and gas industry, including exploration, production, refining, and marketing of crude oil and natural gas. The company operates in various regions around the world, focusing on both conventional and unconventional resources. In addition to its fossil fuel operations, Chevron is also investing in renewable energy technologies, such as biofuels and geothermal energy, as part of its commitment to transitioning towards a more sustainable energy future. Through its extensive supply chain, Chevron provides fuels and lubricants for transportation, industrial, and commercial needs, while also prioritizing safety and environmental stewardship in its operations. Read More
Shigeru Ishiba, the Prime Minister of Japan, is contemplating a proposal from President Donald Trump to purchase American oil to address the trade imbalance between the two nations.
Chevron Corp (NYSE:CVX) offers a strong 4.62% dividend yield with consistent growth, backed by solid profitability and financial health, making it a reliable choice for dividend investors.
Don't let the alarming environment discourage you from being in the market. Just change your tack to something better suited for the current situation.
Renowned television host Jim Cramer is cheering a potential mega merger between energy giants Shell PLC (NYSE: SHEL) and BP PLC (NYSE: BP), seeing it as a catalyst for a broader surge in deal-making activity.
According a report by The Wall Street Journal, discussions between Shell and BP are progressing slowly and remain preliminary, with no guarantee of a deal.
Chevron Corporation has initiated a significant workforce reduction effort, targeting a 15% to 20% cut in its global employee base as part of a broader $3 billion cost-saving initiative set for completion by 2026. This strategic move closely follows the company’s headquarters relocation from San Ramon, California, to Houston, Texas—a transition aimed at deepening engagement with industry peers and boosting operational efficiency.