Chevron
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The US government is looking to size up efforts related to leak detection and repair practices.
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Pavilion Energy, QatarEnergy, and Chevron have revealed their new methodology with the hopes of increasing transparency and helping the industry move toward a lower-carbon future.
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Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
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Four top oil executives will appear before the House Oversight Committee this week in a landmark moment for environmental activists who have spent years calling for investigations of the industry.
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Friction reducers play multiple critical roles in fracturing. A challenge in selecting the best one for the job is the growing evidence that performance varies, but objective performance measurements are lacking.
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Chevron recently pledged to triple to $10 billion its investments to reduce its carbon emissions footprint through 2028, while saying it was not yet ready to commit to a 2050 net-zero emissions target.
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Shell reported that most of its production was back online, but some facilities will remain shut-in until the end of the year.
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The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
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Incremental gains are not always celebrated, but as two of the biggest oil producers in the US show, they nonetheless can net unrealized savings and new efficiencies.
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Jeff Gustavson will become president of Chevron New Energies effective 2 August as the company seeks to manage its low-carbon business prospects.