Page 152 - Chevron News Today

Chevron shareholders on Wednesday voted to re-elect all 12 sitting directors to its board, in a sign of support for the oil major. CEO Michael Wirth said the company was moving ahead on...

Dozens of pro-Palestinian protesters demanded that the energy company divest from its holdings in Israel and urged people to boycott the company.

The US oil and gas industry has been riding a consolidation wave over the past two years

HOUSTON (Reuters) -Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil for $22.5 billion, the latest in a series of mega-deals in the energy industry. The U.S. oil and gas industry has been riding a consolidation wave over the last two years as companies look to bolster reserves and create economies of scale. The momentum has carried over into this year as the stock market continues to boom and as U.S. shale oil production scales new records.

Shanghai (Gasgoo)- On May 28, Xiangdao Zuche (dubbed in Chinese Pinyin, "Zuche" translating to car rental), which is under the umbrella of SAIC Mobility, the m

The all-stock deal comes as energy prices soar.

Crude prices have jumped more than 12% this year, and the cost for a barrel rose above $80 this week.

ConocoPhillips said Wednesday the transaction will add highly desired acreage to its existing U.S. onshore portfolio.

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits. The deal is valued at $22.5 billion when including $5.4 billion in debt. Crude prices have jumped more than 12% this year and the cost

US energy consolidation continues with the announcement that ConocoPhillips will buy Marathon Oil for $22.5 billion.