Chevron CEO Mike Wirth is banking on a massive acquisition in Guyana's Stabroek Block to rejuvenate the company's performance, amidst legal battles with Exxon and CNOOC over preemptive rights.
Chevron has successfully acquired Hess Corporation, creating a premier integrated oil & gas company with a strong portfolio in critical energy markets. This strategic move promises significant cash flow growth and enhanced shareholder value.
In a bold move, President Trump announced a 25% tariff on nations buying oil from Venezuela, claiming it's a response to hostile actions. This decision coincides with his plans for reciprocal tariffs on other imports. What does this mean for global trade?
Trump's decision to reverse oil concessions in Venezuela raises questions about the country's economy and US foreign policy. Find out the impact of this unexpected move.