chevron - EnergiesNet https://energiesnet.com Latam Energies News Mon, 16 Feb 2026 16:00:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://energiesnet.com/wp-content/uploads/2022/01/cropped-Logo-en-ALTAS-final-2-32x32.png chevron - EnergiesNet https://energiesnet.com 32 32 Without Institutional Change, Venezuela’s Oil Bonanza Remains Unviable https://energiesnet.com/without-institutional-change-venezuelas-oil-bonanza-remains-unviable/?utm_source=rss&utm_medium=rss&utm_campaign=without-institutional-change-venezuelas-oil-bonanza-remains-unviable https://energiesnet.com/without-institutional-change-venezuelas-oil-bonanza-remains-unviable/#respond Mon, 16 Feb 2026 15:58:55 +0000 https://energiesnet.com/?p=36967 Sanctions relief, a democratic transition, and deep reforms are essential to recover production. By Francisco Monaldi When President Trump announced the capture of Venezuela’s autocrat, Nicolás Maduro, and suggested that American oil giants would swoop in to fix the country’s battered oil infrastructure, it sounded like a straightforward business proposition. After all, Venezuela boasts some of the …

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]]> https://energiesnet.com/without-institutional-change-venezuelas-oil-bonanza-remains-unviable/feed/ 0 Hess Corp. CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says https://energiesnet.com/hess-corp-ceos-opec-communication-disqualifies-him-from-chevron-board-ftc-says/?utm_source=rss&utm_medium=rss&utm_campaign=hess-corp-ceos-opec-communication-disqualifies-him-from-chevron-board-ftc-says https://energiesnet.com/hess-corp-ceos-opec-communication-disqualifies-him-from-chevron-board-ftc-says/#respond Tue, 01 Oct 2024 12:27:07 +0000 https://energiesnet.com/?p=33724 Kevin Crowley and Leah Nylen, Bloomberg News HOUSTON/WASHINGTON EnergiesNet.com 10 01 2024 The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the condition Chief Executive Officer John Hess is barred from the supermajor’s board, alleging he improperly communicated with OPEC. The Federal Trade Commission said in a …

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]]> https://energiesnet.com/hess-corp-ceos-opec-communication-disqualifies-him-from-chevron-board-ftc-says/feed/ 0 Venezuela’s oil exports climb to four-year high in August https://energiesnet.com/venezuelas-oil-exports-climb-to-four-year-high-in-august/?utm_source=rss&utm_medium=rss&utm_campaign=venezuelas-oil-exports-climb-to-four-year-high-in-august https://energiesnet.com/venezuelas-oil-exports-climb-to-four-year-high-in-august/#respond Fri, 06 Sep 2024 08:30:24 +0000 https://energiesnet.com/?p=33082 Last month’s oil and fuel exports up 62% over a year-ago. August shipments average nearly 885,000 bp. Marianna Parraga and Mircely Guanipa, Reuters HOUSTON/MARACAY EnergiesNet.com 09 06 2024  Venezuela’s August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments to China, the U.S. and Europe as …

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]]> https://energiesnet.com/venezuelas-oil-exports-climb-to-four-year-high-in-august/feed/ 0 Exxon clash with Chevron hinges on change of control of Hess’ Guyana asset, sources say https://energiesnet.com/exxon-clash-with-chevron-hinges-on-change-of-control-of-hess-guyana-asset-sources-say/?utm_source=rss&utm_medium=rss&utm_campaign=exxon-clash-with-chevron-hinges-on-change-of-control-of-hess-guyana-asset-sources-say https://energiesnet.com/exxon-clash-with-chevron-hinges-on-change-of-control-of-hess-guyana-asset-sources-say/#respond Fri, 19 Jul 2024 08:41:55 +0000 https://energiesnet.com/?p=31895 Sabrina Valle, Reuters HOUSTON EnergiesNet.com 07 19 2024 Exxon Mobil’s (XOM.N), legal bid to stop Chevron’s (CVX.N), proposed $53 billion acquisition of Hess (HES.N), rests on whether the transaction would involve a change of control of Hess’ prize subsidiary in Guyana, according to people knowledgeable about the argument. The two top U.S. oil producers are in an arbitration battle over the world’s largest …

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]]> https://energiesnet.com/exxon-clash-with-chevron-hinges-on-change-of-control-of-hess-guyana-asset-sources-say/feed/ 0 Chevron and Hess say US FTC merger review expected for third quarter https://energiesnet.com/chevron-and-hess-say-us-ftc-merger-review-expected-for-third-quarter/?utm_source=rss&utm_medium=rss&utm_campaign=chevron-and-hess-say-us-ftc-merger-review-expected-for-third-quarter https://energiesnet.com/chevron-and-hess-say-us-ftc-merger-review-expected-for-third-quarter/#respond Fri, 12 Jul 2024 08:18:19 +0000 https://energiesnet.com/?p=31800 Sabrina Valle, Reuters HOUSTON EnergiesNet.com 07 12 2024 Oil producers Chevron Corp (CVX.N),  and Hess Corp (HES.N), expect the U.S. Federal Trade Commission will review their proposed merger in the third quarter, the companies said in a statement on Thursday. Bloomberg News reported earlier on Thursday the FTC planned to delay its decision on whether to block Chevron’s …

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]]> https://energiesnet.com/chevron-and-hess-say-us-ftc-merger-review-expected-for-third-quarter/feed/ 0 Venezuela Data: June oil production rises to 908,000 b/d-Platts https://energiesnet.com/venezuela-data-june-oil-production-rises-to-908000-b-d/?utm_source=rss&utm_medium=rss&utm_campaign=venezuela-data-june-oil-production-rises-to-908000-b-d https://energiesnet.com/venezuela-data-june-oil-production-rises-to-908000-b-d/#respond Tue, 02 Jul 2024 15:06:47 +0000 https://energiesnet.com/?p=31568 Mery Mogollon, Platts S&P Global CARACAS Energiesnet.com 07 02 2024 Venezuela’s crude output has risen to average 908,000 b/d in June, up 10,000 b/d from May and up from 760,000 b/d in October 2023, when the US partially eased sanctions on the country’s oil and gas sector, according to a preliminary PDVSA production report reviewed …

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]]> https://energiesnet.com/venezuela-data-june-oil-production-rises-to-908000-b-d/feed/ 0 Hess Sale to Chevron Stalled, Exxon-Hess Arbitration Panel Incomplete https://energiesnet.com/hess-sale-to-chevron-stalled-exxon-hess-arbitration-panel-incomplete/?utm_source=rss&utm_medium=rss&utm_campaign=hess-sale-to-chevron-stalled-exxon-hess-arbitration-panel-incomplete https://energiesnet.com/hess-sale-to-chevron-stalled-exxon-hess-arbitration-panel-incomplete/#respond Fri, 21 Jun 2024 08:42:55 +0000 https://energiesnet.com/?p=31365 Sabrina Valle, Reuters HOUSTON Energiesnet.com 06 21 2024 A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp (HES.N), to Chevron (CVX.N), remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil (XOM.N), has a right of first refusal over Hess’ Guyana operations. The third and final arbitrator has …

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]]> https://energiesnet.com/hess-sale-to-chevron-stalled-exxon-hess-arbitration-panel-incomplete/feed/ 0 PDVSA-Chevron Oil Joint Venture Could Extend its Contract Through 2047 https://energiesnet.com/pdvsa-chevron-oil-joint-venture-could-extend-its-contract-through-2047/?utm_source=rss&utm_medium=rss&utm_campaign=pdvsa-chevron-oil-joint-venture-could-extend-its-contract-through-2047 https://energiesnet.com/pdvsa-chevron-oil-joint-venture-could-extend-its-contract-through-2047/#respond Tue, 18 Jun 2024 08:56:18 +0000 https://energiesnet.com/?p=31347 Deisy Buitrago, Reuters CARACAS EnergiesNet.com 06 18 2024 Venezuela’s National Assembly on Monday began discussing a proposal to extend through 2047 a contract between state oil company PDVSA and U.S. company Chevron (CVX.N), to operate a joint venture in the country’s largest producing area. PDVSA and Chevron have four joint ventures in Venezuela that are producing some …

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]]> https://energiesnet.com/pdvsa-chevron-oil-joint-venture-could-extend-its-contract-through-2047/feed/ 0 Venezuela’s May oil exports rise 30% during US wind-down period https://energiesnet.com/venezuelas-may-oil-exports-rise-30-during-us-wind-down-period/?utm_source=rss&utm_medium=rss&utm_campaign=venezuelas-may-oil-exports-rise-30-during-us-wind-down-period https://energiesnet.com/venezuelas-may-oil-exports-rise-30-during-us-wind-down-period/#respond Tue, 04 Jun 2024 07:25:31 +0000 https://energiesnet.com/?p=31109 Marianna Parraga and Marcel Guanipa HOUSTON/MARACAY, Venezuela EnergiesNet.com 06 04 2024 Venezuela’s oil exports recovered in May from a low figure the previous month as state oil company PDVSA’s customers rushed to take cargoes ahead of the resumption of U.S. sanctions on the South American country. The U.S. Treasury Department in April did not renew a broad …

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]]> https://energiesnet.com/venezuelas-may-oil-exports-rise-30-during-us-wind-down-period/feed/ 0 Hess Shareholders Green-Light on $53 Billion Sale to Chevron https://energiesnet.com/hess-shareholders-green-light-on-53-billion-sale-to-chevron/?utm_source=rss&utm_medium=rss&utm_campaign=hess-shareholders-green-light-on-53-billion-sale-to-chevron https://energiesnet.com/hess-shareholders-green-light-on-53-billion-sale-to-chevron/#respond Wed, 29 May 2024 08:30:48 +0000 https://energiesnet.com/?p=30997 Rebecca Elliott, NYTimes NEW YORK EnergiesNet.com 05 29 2024 A large oil industry deal advanced on Tuesday after shareholders of Hess approved a proposed sale of the company to Chevron for $53 billion. Control over one of the most prized oil assets, off the shores of Guyana, is at stake in the deal, which still faces significant …

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]]> https://energiesnet.com/hess-shareholders-green-light-on-53-billion-sale-to-chevron/feed/ 0 Hess-Chevron merger vote appears ready for narrow approval https://energiesnet.com/hess-chevron-merger-vote-appears-ready-for-narrow-approval/?utm_source=rss&utm_medium=rss&utm_campaign=hess-chevron-merger-vote-appears-ready-for-narrow-approval https://energiesnet.com/hess-chevron-merger-vote-appears-ready-for-narrow-approval/#respond Fri, 24 May 2024 09:32:29 +0000 https://energiesnet.com/?p=30918 Sabrina Valle, Reuters HOUSTON EnergiesNet.com 05 24 2024 Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp  Hess, 70, …

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]]> https://energiesnet.com/hess-chevron-merger-vote-appears-ready-for-narrow-approval/feed/ 0 Proxy Advisor ISS Recommends Hess Shareholders Abstain From Voting for Merger with Chevron https://energiesnet.com/proxy-advisor-iss-recommends-hess-shareholders-abstain-from-voting-for-merger-with-chevron/?utm_source=rss&utm_medium=rss&utm_campaign=proxy-advisor-iss-recommends-hess-shareholders-abstain-from-voting-for-merger-with-chevron https://energiesnet.com/proxy-advisor-iss-recommends-hess-shareholders-abstain-from-voting-for-merger-with-chevron/#respond Tue, 14 May 2024 13:55:57 +0000 https://energiesnet.com/?p=30799 Sabrina Valle, Reuters HOUSTON EnergiesNet.com 05 14 2024  Proxy advisor Institutional Shareholder Services (ISS) recommended on Monday that Hess (HES.N), opens new tab shareholders abstain from voting on Chevron’s (CVX.N), opens new tab proposed $53 billion buyout of the oil and gas company, which has been stalled due to a conflict with rival Exxon Mobil (XOM.N), opens new tab. ISS …

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