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Financial TimesExxonMobil and Chevron have resisted pressure from the Trump administration to boost oil output. The companies are sticking to their prewar strategies despite a White House plea for more drilling. This comes amid efforts to curb soaring petrol prices.
Chevron CEO Mike Wirth discussed the ongoing disruptions in global oil supply due to issues in the Strait of Hormuz during an interview. He highlighted the loss of system flexibility and the need for restored flow to alleviate price pressures. Wirth emphasized safety concerns for…
joemygod.comChevron's chief executive Mike Wirth stated that naval escorts would likely be needed for commercial ships in the Strait of Hormuz upon reopening due to security risks. The strait remains closed amid a U.S. blockade on Iranian ports and recent maritime incidents. President Trump…
businessnews.com.auChevron has resumed liquefied natural gas output at its Wheatstone project in Australia following repairs from severe cyclone damage. The restart comes amid a global LNG supply crunch exacerbated by disruptions in Qatar and other Australian facilities. Asia's LNG imports have fal…
winnipegfreepress.comThe U.S. Supreme Court issued an 8-0 ruling on April 17, 2026, allowing oil companies including Chevron to move environmental lawsuits from Louisiana state courts to federal courts. The decision in Chevron v. Plaquemines Parish vacated a lower court ruling and remanded the case f…