Chevron

Venezuela's petroleum minister, Paula Henao, addressed U.S. companies in Houston, declaring that the country possesses over 916 exploration opportunities and reserves including an estimated 192 trillion cubic feet of natural gas. She promoted Venezuela as an emerging energy economy ripe for foreign investment from both domestic and international firms. Despite historical challenges to investing in its hydrocarbon laws, companies like Hunt Oil, BP, and Shell plan various investments.

Ukrainian President Volodymyr Zelenskyy claimed that Ukraine conducted a nighttime operation using anti-ship missiles, drones, and sea drones to hit Novorossiysk, which was identified as the last major Russian fleet stronghold in the Black Sea. The attack reportedly targeted air defenses, piers, and port infrastructure in the Krasnodar region. Separately, Zelenskyy cited intelligence reports stating that Vladimir Putin plans for an additional rapid mobilization of several hundred thousand Russians.

Wall Street futures showed mixed movements, with Nasdaq rising 0.3% while the Dow Jones Industrial Average nudged down 0.1%. Oil prices remained volatile due to lingering uncertainty about the Strait of Hormuz; meanwhile, major oil companies' shares were near unchanged after recent large gains. The market is focused on Wednesday’s expected update on U.S. inflation in July, which may influence Federal Reserve interest rate decisions and general economic borrowing costs.

Abdul El-Sayed’s win in the Michigan Senate primary was described as a historic breakthrough against established Democratic party politics, especially since it occurred in a swing state. His opponent received over $60m from groups such as Chevron and Philip Morris, nearly half of which came from a Super Pac backed by Aipac.

Trump stated that oil supermajors are making too much money. He specifically accused both Exxon Mobil and Chevron of generating excessive profits. This financial windfall is reportedly fueling fresh political and environmental backlash.

Chevron is positioning itself as an AI leader in the energy sector through a massive deal called Project Kilby, supplying power to Microsoft's data centers in Reeves County, West Texas. This 20-year agreement provides 2.67 gigawatts of natural gas-fired power, utilizing Chevron's land and gas resources alongside equipment from vendors like GE Vernova and Caterpillar. The project signifies a platform for Chevron’s growth in servicing hyperscaler AI demands across various regions.

Chevron is challenging a Louisiana jury's $745 million verdict over coastline damage caused by oil drilling, arguing the case should be in federal court based on a recent U.S. Supreme Court ruling. The company claims its predecessor's WWII-era oil drilling activities under a federal contract justify federal jurisdiction, while Louisiana officials dispute the relevance of that historical connection.

Brent crude prices dropped after the US indicated progress on reopening the Strait of Hormuz, but analysts suggest retail fuel prices may not immediately decline due to refinery capacity and regional energy disruptions. President Trump criticized oil companies for not lowering gas prices despite their high earnings, while JPMorgan predicted potential future price increases if Hormuz issues persist.

The White House is expected to extend the Jones Act waiver to reduce gas prices amid the US-Israeli war on Iran. The waiver, which allows non-US ships to transport cargo between US ports, aims to alleviate shipping bottlenecks and lower transport costs. President Trump has criticized oil companies like Exxon Mobil and Chevron for profiting from rising prices.

Big oil companies are reporting record profits due to rising oil prices driven by conflict in Iran, with European firms earning $22 billion in Q1 and U.S. companies like Exxon Mobil and Chevron nearly doubling or quadrupling profits. The situation has caused fuel shortages in parts of Asia and higher energy costs globally, prompting criticism from U.S. President Donald Trump.

Big oil companies in Europe, the Middle East, and the U.S. report record profits amid rising oil prices driven by conflict in Iran and disruptions at the Strait of Hormuz. U.S. President Donald Trump criticized Chevron and Exxon Mobil for their high profits, while oil prices recently declined following speculation of a potential resolution to the Iran conflict.

Big oil companies in Europe, the Middle East, and the U.S. are reporting record profits amid rising oil prices driven by conflict in Iran and disruptions at the Strait of Hormuz. Companies like BP, Saudi Aramco, Exxon Mobil, and Chevron saw significant profit increases, while President Donald Trump criticized energy firms for high profits despite falling oil prices.

Trump is demanding Exxon and Chevron reduce gas prices, citing soaring profits linked to the Iran war. The International Energy Agency has labeled the Strait of Hormuz disruption as the largest supply disruption in global oil market history.

US stocks climbed toward a record as companies reported rising profits and oil prices declined. The S&P 500, Dow Jones, and Nasdaq all rose, with Palantir Technologies surging after strong revenue growth. President Trump criticized oil companies for high profits, while talks with Iran potentially eased tensions and pressured oil prices downward.

US President Donald Trump criticized oil majors for 'making too much money' following record profits from companies like ExxonMobil, Chevron, Aramco, BP, and Shell amid rising oil prices linked to the Iran war. Trump argued they should 'give some back to the public,' as surging gas prices harm Republican prospects in the midterms, while the US Strategic Petroleum Reserve is at its lowest level since the 1980s.

Stephen Schork states refiners cannot increase capacity to lower gasoline and diesel prices for consumers. President Donald Trump criticized ExxonMobil Holdings Corp. and Chevron Corp. for high profits amid the war in Iran.

Chevron's Venezuelan joint ventures increased oil production to 280,000 barrels per day in the first half of 2026, a 15% rise from the prior six months. US Treasury licenses allowed Chevron and other companies like BP, Eni, Repsol, and Shell to re-engage with Venezuela's oil sector.

President Donald Trump criticized Chevron and Exxon Mobil for earning excessive profits due to high oil prices. He framed the issue amid a 'last chance' for an Iran war deal.

President Donald Trump criticized Chevron and Exxon Mobil for earning excessive profits due to high oil prices, amid a last chance for an Iran war deal.

President Donald Trump criticized Chevron and Exxon Mobil for earning excessive profits due to high oil prices. He described the situation as a 'last chance' for an Iran war deal.

President Donald Trump criticized oil companies Chevron and Exxon Mobil for earning excessive profits due to high oil prices. He made the remarks amid a 'last chance' for an Iran war deal.

Chevron's Venezuelan oil production has increased to 280,000 barrels a day under a US Treasury licensing framework, with Donald Trump's support enabling BP, Eni, Shell, and Repsol to restart operations. The development marks a return of US major oil companies to Venezuela.

Donald Trump has criticized oil companies for making excessive profits from the US-Iran conflict, particularly targeting ExxonMobil and Chevron for their significant second-quarter profits. European and Saudi oil companies, including Shell and Aramco, also reported substantial profit increases amid the crisis.

US president Donald Trump criticized oil companies for profiting from the war on Iran, specifically targeting ExxonMobil and Chevron. He argued they should return some profits to the public after Brent crude prices surged from $70 to $126 per barrel following US-Israeli strikes in February and April.

Donald Trump criticized oil companies for profiting from the global energy market disruption caused by his war on Iran. He specifically targeted ExxonMobil and Chevron, urging them to return some profits to the public. Brent crude prices rose from $70 to $126 after US-Israeli strikes in February, and are now trading at about $85 a barrel.

President Donald Trump criticized Exxon Mobil and Chevron for high profits amid rising gasoline prices, urging them to lower retail prices. The companies' recent strong earnings, driven by supply disruptions and high crude prices, have drawn scrutiny as the administration faces pressure to address fuel costs before midterm elections. Chevron and Exxon executives warned that refining capacity shortages may keep prices elevated through fall.

Rising petrol prices are straining US households, particularly low-income families who spend over 10 percent of their monthly income on fuel. Oil companies Chevron and Exxon are experiencing increased profits amid the price surge.

Exxon and Chevron reported their largest profits in years, with oil reporter Mitchell Ferman analyzing why US gasoline prices remain high. The article highlights the connection between conflict and increased profits for major oil companies.

Trump criticized Big Oil companies for high earnings during the Iran war, suggesting they should give some profits back. He specifically referenced ExxonMobil and Chevron's recent earnings reports.

Trump criticized Exxon and Chevron for profiting from high oil prices caused by the U.S. and Israel's attack on Iran. U.S. crude oil prices rose about 20% following the February 28 attack.

Trump is criticizing Chevron for not giving the administration adequate credit for the company's financial success amid a profit windfall.

US President Donald Trump criticized Chevron and Exxon Mobil for profiting from high oil prices caused by a crude shortage linked to the Iran war, urging the industry to lower fuel prices. Trump stated, 'I don't like it. They're making too much money, okay? Based on a shortage, they're making too much money.'

US President Donald Trump urged oil companies to lower prices for American consumers, attributing their profits to the 'genius' of his administration. He made the statement on Truth Social, following a six-percent drop in crude oil prices after Trump announced negotiations with Iran.

OPEC+ agreed to increase oil production by 188,000 barrels per day in September, its sixth consecutive monthly rise, to address supply strains from global conflicts. The move is symbolic due to ongoing disruptions from conflicts in Iran and Ukraine, while ExxonMobil and Chevron warned that refining capacity constraints will keep fuel prices high.

Chevron CEO Mike Wirth stated the Iran war has made energy markets 'somewhat fragile and uncertain,' citing risks to oil export transit paths. He emphasized concerns about potential disruptions to global energy supply routes.

Chevron CEO Mike Wirth warned that escalating tensions in Iran and Houthi attacks on Saudi oil facilities pose 'very real' threats to global oil supplies, with risks expanding to key shipping routes like the Strait of Hormuz, Red Sea, and Black Sea. Oil prices have risen amid geopolitical uncertainty, and Chevron reported a 20% annual production increase despite the challenges.

ExxonMobil and Chevron warn that fuel prices will remain high despite falling oil prices due to global refining capacity shortages caused by wars in Russia, the Middle East, and China’s export ban. Refineries operating at full capacity cannot meet demand, leading to record fuel-making margins and sustained price increases for consumers.

ExxonMobil Holdings Corp. and Chevron Corp. warned that high fuel prices will persist despite potential oil price drops due to critically low global refining capacity caused by wars in Russia and the Middle East.

Chevron CFO Eimear Bonner discussed the company's second-quarter earnings, growth strategy amid geopolitical risks, and an Iraq accord on Bloomberg's 'Bloomberg The Close' with Romaine Bostick.

Chevron reported a record $12.1 billion quarterly profit, while ExxonMobil and Shell achieved their highest earnings since 2022 due to global oil supply disruptions from the Iran war. Companies are benefiting from high crude prices, record refining margins, and reduced competition from China's oil exports, with Chevron planning increased investments in Iraq despite Middle East instability.