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Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to the country.
ConocoPhillips, a top U.S. oil and gas producer, plans to cut staff, the company said on Tuesday, amid a broad push to rein ...
Svante Inc. is scaling up production of CO2 filters that pull carbon from smokestacks or the atmosphere — but critics say the ...
Sliding oil prices over the past year and a big acquisition in 2024 are primarily responsible for the decline. CNRL purchased Chevron Canada’s assets last fall for US$6.5 billion in a cash deal that ...
CNRL purchased Chevron Canada’s assets last fall for US$6.5 billion in a cash deal that added significant production and reserves to the asset portfolio. CNRL took on new debt to finance part of ...
Chinese refiners are importing record amounts of Canadian crude oil after slashing their purchases of U.S. energy products by 90% amid an ...
The company also increased output and reserves through its US$6.5 billion acquisition of Chevron Canada’s assets late last year. CNRL says it has a WTI breakeven price of US$40 to $45 per barrel ...
U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...
U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...
During this period, the company expanded its production capacity with key acquisitions like Chevron Canada Limited's Alberta assets, enhancing production by approximately 122,500 BOE/day in late 2024.
“We welcome President Trump’s decision to exclude oil and natural gas from new tariffs, underscoring the complexity of integrated global energy markets and the importance of America’s role as a net ...
Despite the Chevron compromise ... supplier of crude to the US in 2024 at 228,000 barrels per day, trailing only Canada and Mexico, which are engaged in their own economic wars with Trump.