Latest news and articles about شيفرون from NEX English
Chevron Corp has announced a production decline of up to <strong>6%</strong> in the first quarter of <strong>2026</strong>, attributed to the impacts of the war in Iran. This announcement follows a similar disclosure from Exxon Mobil earlier this week.
Chevron expects a significant rise in its exploration and production profits for the first quarter of the year, projected between <strong>1.6 and 2.2 billion dollars</strong>. This increase is driven by soaring oil and gas prices amid the Iranian conflict.
Microsoft, Chevron, and Engine No. 1 have signed an exclusive agreement for energy generation and supply, aimed at meeting the growing needs of data centers. This agreement comes as tech companies seek to secure the necessary electricity supplies for advanced AI services.
A group of oil platforms off the coast of California has resumed crude oil sales, beginning shipments to a Chevron refinery near Los Angeles. This marks a significant return for the oil industry in the region after more than ten years of inactivity.
Chevron's CEO, Mike Wirth, stated that the oil futures market has not fully accounted for the negative effects of the partial closure of the Hormuz Strait. This remark was made during the SP Global conference in Houston, highlighting the lack of available information in the market.