Chevron Corp. (NYSE: CVX) will exit the U.K. North Sea, ending its 55-year presence, to streamline its portfolio amid a $53 billion acquisition of Hess Corp. (NYSE: HES).
Former Secretary of State Hillary Clinton has accused ex-President Donald Trump of attempting to bribe fossil fuel CEOs to overturn President Joe Biden's climate policies.
Exxon Mobil awarded a large contract to TechnipFMC in Guyana, to supply subsea production systems for the Whiptail project. The project is worth $12.7B and will target an estimated resource base of over 850M barrels of oil.
Chevron Corp Chief Executive Officer Michael Wirth saw a significant increase in his pay in 2023, reaching $26.5 million, marking over 12% rise from the previous year.