January
Chevron Starts Using ‘Gulf of America’ in Nod to Trump
Chevron Corp. has begun using “Gulf of America” instead of “Gulf of Mexico” to describe the location of some of its largest oil operations, after President Donald Trump ordered the US to rename the body of water.
Chevron Sees Permian Basin Oil Growth Reaching 10% This Year
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
UK Oil Ruling Sets Up Growth Versus Climate Test for Government
A UK court ruled that two North Sea oil and gas fields must re-apply for environmental permits while allowing the developments to continue, setting up a crucial test of whether the new Labour government will prioritize economic growth or climate action.
