Chevron Corporation is a multinational energy company engaged in all aspects of the oil and gas industry, including exploration, production, refining, and marketing of crude oil and natural gas. The company operates in various regions around the world, focusing on both conventional and unconventional resources. In addition to its fossil fuel operations, Chevron is also investing in renewable energy technologies, such as biofuels and geothermal energy, as part of its commitment to transitioning towards a more sustainable energy future. Through its extensive supply chain, Chevron provides fuels and lubricants for transportation, industrial, and commercial needs, while also prioritizing safety and environmental stewardship in its operations. Read More
Oil prices rise on US-Iran diplomacy and trade war lull, boosting energy ETFs. Companies like ExxonMobil and Chevron benefit. OPEC lowers demand forecast.
Falling crude oil prices create a challenging, but not insurmountable, environment for energy stocks; here are three companies that investors should be watching
The Energy Select Sector SPDR Fund is trading lower by 6.3% during Thursday's session. Investors stepped back from Wednesday's risk-on rally and locked in profits.
Quantum BioPharma (NASDAQ: QNTM) has announced that its licensee, Celly Nutrition Corporation, secured a strategic partnership with the Asian American Trade Associations Council (“AATAC”) to accelerate retail expansion of unbuzzd, a beverage aimed at reducing blood alcohol levels and restoring mental clarity. The collaboration will focus on promoting unbuzzd ’s “On-the-Go Powder Stick Packs” through AATAC’s vast network, which spans over 80,000 retail locations, including major chains like 7-Eleven, Shell and Chevron. The agreement is expected to significantly boost sales and consumer reach in the health and wellness space.
Under the deal, MidOcean would commit to financing 30% of the LNG project's construction costs and would be entitled to receive 30% of the LNG production.
WTI futures fell further on Monday to just above $60 per barrel, the lowest level since April 2021, as concerns that the escalating trade war could slow the global economy and weaken energy demand.
