Unknown News
Unknown Market News
10d
Chevron to Divest Hess Midstream and DJ Basin Assets, Incurring $3–$4 Billion Loss in Strategic Reset
- Chevron will divest its interests in Hess Midstream LP and DJ Basin midstream assets, receiving $200M cash and improved Bakken terms, but expects a one‑time after‑tax loss of $3–$4B.
24d
Chevron Unveils Midstream Divestiture Plan to Strengthen Bakken Cost Structure
Chevron announced plans to divest its interests in Hess Midstream and DJ Basin crude assets to improve Bakken midstream terms—a move with direct implications for CVX’s integrated operations and financial returns.
26 Sep at 15:39
Chevron Unveils $7 Billion Venezuela Push with Expanded Orinoco Acreage
Chevron announced agreements with Venezuela granting new acreage and improved JV terms in the Orinoco Belt, planning over $7B investment to more than double oil output to ~600,000 bpd.
12 Sep at 15:39
Chevron Stock Nears 52‑Week High as Energy Tensions Rise and Integrated Chemistry Gains Spotlight
Chevron (CVX) shares near 52‑week highs as Brent tops $100 on Middle East tensions and Chevron expands advanced chemical licensing and base‑oils network.
29 Aug at 15:39
Chevron’s 600‑Meter Oil Discovery Offshore Angola Marks Major Boost for Resource Base
Chevron confirms a significant oil and gas condensate discovery with over 600 m column offshore Angola’s Block 0, fueling exploration optimism.
