Chevron

Shell reported that most of its production was back online, but some facilities will remain shut-in until the end of the year.

The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.

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.

Jeff Gustavson will become president of Chevron New Energies effective 2 August as the company seeks to manage its low-carbon business prospects.

US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.

Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.

The decision follows operator Chevron’s announcement at the end of 2019 to exit the project.

Chevron shut down the Tamar natural gas platform off the Israeli coast at the instruction of the country's energy ministry, the company said, following a wave of unrest in the region.

It has been a busy month so far for the oil and gas industry’s venture capital groups. Find out which operators are making moves and which technology developers are turning heads in this latest roundup.

Chevron is partnering with Microsoft, oilfield services firm Schlumberger, and privately held Clean Energy Systems to build a carbon capture plant in California, as the US oil major expands investments in renewable technology.