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Chevron Commits $7 Billion to Double Oil Output in Venezuela

The company is using new Orinoco acreage, arbitration rights and a planned rig build-out to make low‑cost heavy oil commercially viable.

Chevron Commits More Than $7 Billion to Expand Venezuelan Joint Ventures and Target 600,000 bpd

Chevron Shuts Petronius Platform as Tropical Storm Bertha Approaches

Iraq Demands Bigger OPEC Quota and Signals Possible Exit

Shell and Partners Confirm Promising Oil Find at Merlin-1X Offshore Namibia

UAE Reiterates OPEC Exit Is an Economic Choice, Not a Political Break

U.S. Gas Tops $4 Nationally as Lower Atlantic Logs Third Straight Weekly Drop

Chevron Boosts Venezuela Heavy-Oil Stake in PDVSA Asset Swap

U.S. Courts Oil Firms to Jump-Start Venezuelan Output as SLB, Halliburton Signal Readiness

Santos Begins Barossa LNG Exports as First Cargo Loads at Darwin

Nigeria’s Senate Approves Oil-Theft Probe Report, Flags $200–$300 Billion in Missing Proceeds

OPEC+ Sets Modest November Output Increase After Price Slide

Shell Axes Rotterdam Biofuels Project, Takes $600 Million Charge as It Lifts LNG Outlook

Chevron Draws Fresh Buy Calls on Hess Integration, Guyana Growth and Gas Tailwinds

Santa Barbara DA Files Felony and Misdemeanor Charges Against Sable Offshore Over Coastal Repair Work

U.S. Gas Prices Fall to Lowest Early-July Level Since 2021

Trump Administration Lets Chevron Keep Venezuelan Assets After License Expires

Oil Prices Rise on Reports of Potential Israeli Strike on Iran