Big Oil shares sink while Chevron prepares for Noble Energy takeover
Noble Energy will today approve a buyout by US oil giant Chevron, at a stock value of $4.2bn. This comes…
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Social media reacts to American companies’ first quarter results
ExxonMobil, Chevron and Phillips 66 all posted their first quarter 2020 results today. As the coronavirus pandemic continues, these have…
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Subsea 7 to provide installation services in Gulf of Mexico
Installation and construction firm Subsea 7 has secured a contract to provide services to Chevron in the Anchor field, in…
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Coronavirus spending cuts spread to wider industry – the numbers
Since Monday, several oil and gas companies have announced cuts to capital expenditure in reaction to the coronavirus pandemic. The…
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Chevron and Phillips 66 latest to make coronavirus spending cuts
Two US oil and gas giants, Chevron and Phillips 66, have joined others in announcing coronavirus spending cuts. Chevron has…
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Aker Solutions to supply umbilicals for Chevron in Gulf of Mexico
Norwegian engineering firm Aker Solutions has signed a master supply agreement with Chevron. Aker will provide umbilicals for oil and…
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How the Covid-19 coronavirus is affecting the offshore industry
Impact of Coronavirus on Offshore Operations The World Health Organisation has declared the Covid-19 coronavirus outbreak a pandemic, and many…
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Chevron acquires Anadarko Petroleum for $50bn
American oil and gas multinational Chevron has acquired all of the outstanding shares of hydrocarbon exploration company Anadarko for $50bn.…
