Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Tag: Chevron Corporation
Tuesday Briefing: Israel Intensifies Gaza Strikes
Plus the worldwide popularity of Lionel Messi’s pink jersey.
Venezuela Pledges Small Steps Toward Fair Elections Next Year
The agreement signed on Tuesday by the country’s authoritarian government and the opposition would not allow all candidates to run.
As Iran Seizes Tankers, UAE Pulls Back From US-Led Maritime Force
The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.
The Head Spinning Reality of Venezuela’s Economy
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding hardship has increasingly become one of haves and have-nots.
U.S. Allows Chevron to Expand Energy Operations in Venezuela
The license, limited in scope, was issued amid the resumption of talks between the Venezuelan government and opposition, and comes as President Nicolás Maduro desperately needs to improve the economy.
As Venezuelan Antagonists Talk, the U.S. Softens Its Stance
Negotiations between the Venezuelan government and opposition could lead to an easing of the country’s protracted crisis.
An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies
Offshore gas fields in the Mediterranean could become one of several new energy sources for European countries as they seek independence from Russia.
Oil Executives Privately Contradicted Public Statements on Climate, Files Show
The documents, subpoenaed in a House investigation of climate disinformation, show company leaders contravening industry commitments.
Biden Administration Offers Venezuela Minor Sanctions Relief
The Biden administration said it would relax restrictions on Chevron’s dealings with President Nicolás Maduro and remove sanctions from his relative.