Chevron

US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.

Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix for the country’s beleaguered upstream sector.

Even as output hits record highs, a growing recognition of the Permian’s maturity is opening the door for new technologies to improve performance.

Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.

The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.

Updates about global exploration and production activities and developments.

Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.

The aim of this study is to incorporate detailed geological, petrophysical, and hydraulic fracturing models to better predict and mitigate the effects of interbench interactions.

The report from the Oil and Gas Climate Initiative presents data showing that its 12 member companies have reduced aggregate upstream methane intensity by 62%, routine flaring by 72%, and carbon intensity by 24% since 2017.

ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.