It was an interesting year for deal-making in 2019, despite political and economic challenges.
A company which was backed by the British Government has raised 16 million US dollars (£12 million) from investors including US oil major Chevron in a bid to spread its technology to capture carbon from industrial plants.
BP Plc’s pledge to zero out all its carbon emissions by 2050 deepens the divide between major European and American oil producers on climate change, increasing the pressure for Exxon Mobil Corp. and Chevron Corp. to do more.
Chevron has lined up a Sea Swift platform from Aquaterra Energy for work on the Lifua-A field, in Block 0.
Hill of Rubislaw in Aberdeen reflects the changing face of the North Sea oil and gas industry, two of the north-east’s leading commercial property experts said yesterday.
Chevron reported a massive $6.6 billion loss in the fourth quarter after $10.4 billion in write-offs in North America because of continuously weak natural gas prices.
European and Chinese oil and gas firms are well ahead of US rivals in the energy transition race, new research has found.
Looming wave of final investment decisions (FIDs) will provide massive boost for offshore oilfield service sector in Southeast Asia
Trump administration officials have given five energy companies with strong ties to Houston another three months in the oil fields of Venezuela.
Trac Oil and Gas’ boss has hailed the return to “sustainable” profit levels for the rope access inspection, repair and maintenance firm after several “challenging” years.
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
Bosses at commercial property consultancy FG Burnett have toasted a successful year, with the firm at the heart of a third of all office deals in Aberdeen during 2019.
A swell of offshore project approvals means a “new investment cycle is in the making”, according to analysts.
Aberdeen offshore engineering and equipment firm Sparrows Group has announced an eight-figure deal through a Chevron and ExxonMobil join venture based in Kazakhstan.
Nigerian Petroleum Development Co. (NPDC) has issued an invitation for companies to pre-qualify for work on OML 49, where the subsidiary of Nigerian National Petroleum Corp. (NNPC) works with Chevron.
Egypt has licensed a number of areas, including the award of around 7,000 square km to ExxonMobil in the offshore.
The director of a multi-million pound decommissioning study has voiced concern that any final decision over the removal of Shell’s Brent platform legs might ‘harden’ public perception toward his project.
Anglo-Dutch oil giant Shell has said it expects to be hit by an impairment of up to £1.8 billion for the year.
This year has been one of moderate gains for the price of oil, but it has been bleak for producers.
U.S. energy giant Chevron will buy Australia's Puma Energy for about $292 million to provide more fuel distribution support in the Asia-Pacific region.
Subsea 7 today announced the award of a contract with Chevron in the Gulf of Mexico.
Southeast Asia and Australia are set to take centre stage in the region’s upstream M&A activity as private equity companies sense a value opportunity.
The Dutch activist fund that has filed shareholder resolutions pressuring major oil companies in Europe to take action on climate change has set its sights on the U.S.
Chevron will move forward with the massive Anchor project in the deepwater Gulf of Mexico that carries an initial development cost of $5.7 billion.
Chevron’s boss told an American TV host that “good isn’t good enough” last night as his firm undertook a more than £10 billion write-down.