Chevron Stock News

Shell and Chevron said on Wednesday they were curtailing offshore operations in ​the Gulf of Mexico as Tropical ‌Storm Isaias approached the region.

Hess Midstream's deal with Chevron means lower earnings but also longer contracts, fewer shares outstanding, and expansion into a second region.

Hess Midstream (NYSE:HESM) shares fell over 16% to $32.25 on Wednesday morning after Chevron agreed to transfer its ownership interests in the midstream company and DJ Basin crude oil assets in exchange for revised Bakken terms, with the company forecasting 2027 Adjusted EBITDA of $850 million to $950 million. The agreements will extend Chevron's Bakken midstream contracts and are expected to r...

Chevron CEO Mike Wirth warned Wednesday it would be "unwise" of the US to impose a ban on diesel exports, saying such a policy could actually make the global energy crisis worse.

Chevron CEO warns against 'unwise' diesel export ban, saying it could make things worse

Chevron ‌said on Tuesday it was ​transporting non-essential ​personnel from its ⁠offshore platforms ​in the Gulf ​of Mexico as a possible tropical ​storm approached ​the US Gulf Coast.

Chevron said ​on Tuesday ‌that several ​of ​its subsidiaries signed ⁠agreements ​with ​Hess Midstream to restructure ​their ​Bakken midstream contracts ‌and ⁠create new midstream ​contracts ​in ⁠the DJ ​Basin.

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with Hess Midstream LP (NYSE: HESM) to restructure the terms of its Bakken midstream contracts and establish new DJ Basin midstream contracts. The revised agreements extend the Bakken contracts and are expected to reduce Chevron's Bakken ...