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Oil Prices Climb Higher
The Wall Street Journal3d agoneutral
Oil Prices Climb Higher

Plus, 10-year Treasury yield briefly hits 2007 levels and the Senate deals a blow to crypto industry

Chevron (CVX) Plans Global LNG Expansion Across Four Continents
Simply Wall St.4d agoneutral
Chevron (CVX) Plans Global LNG Expansion Across Four Continents

Chevron (NYSE:CVX) outlined plans to expand its liquefied natural gas portfolio across Argentina, the East Mediterranean, Africa, and Australia. The producer is focusing on new LNG sources in multiple regions as Middle East supply disruptions affect global gas trade flows. Management is aiming to secure more diversified LNG volumes to support long term contracts with buyers in several international markets. Chevron's global LNG build out, framed by current Middle East supply issues, fits...

💬 Money Quote: Higher for Longer Oil Prices
The Wall Street Journal4d agoneutral
💬 Money Quote: Higher for Longer Oil Prices

📣 “I wish I could tell you that I saw some reason why things would ease, but it’s difficult right now to see that happen.” —Chevron CEO Mike Wirth on oil prices elevated due to the prolonged closure of the Strait of Hormuz.

Chevron Targets Four Continents in New LNG Expansion Drive
Oilprice.com5d agoneutral
Chevron Targets Four Continents in New LNG Expansion Drive

Chevron's global gas chief says the company is eyeing gas assets in Argentina, the Mediterranean, Africa and Australia to diversify its LNG supply.More Top Reads From Oilprice.com White House Weighs Defense Production Act as U.S. Refineries Maxed Out WTI Breaks $100—and This Rally Has Legs Soaring

Chevron Considers Argentina and Mediterranean Expansion as LNG Portfolio Grows
InvestorsHub5d agoneutral
Chevron Considers Argentina and Mediterranean Expansion as LNG Portfolio Grows

Chevron (NYSE:CVX) is assessing opportunities to expand its global natural gas portfolio in regions including Argentina and the eastern Mediterranean as buyers place greater emphasis on energy supply diversification, according to President of Global Gas Freeman Shaheen. Global gas markets have faced supply disruptions following the start of the Ukraine war in 2022 and the Iran conflict this year, affecting supplies from Russia and Qatar and contributing to higher liquefied natural gas prices.