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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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Rigzone·May 2·1 min read

Wirth Warns Global Energy System Under 'Extreme Stress'

Chevron CEO Mike Wirth is expressing concerns about potential oil supply shortages due to the ongoing U.S.-Israel conflict with Iran. This highlights the vulnerability of global energy markets to geop

Chevron Corporation

Chevron Earnings Top Estimates While Refining Swings to Loss

Chevron's first-quarter earnings surpassed expectations due to increased upstream profits driven by higher crude oil prices. However, these gains were partially

OilPrice·May 1·Chevron Corporation

Exxon, Chevron Beat Profit Estimates

ExxonMobil and Chevron both reported first-quarter earnings that exceeded analysts' expectations. This positive performance suggests resilience in the oil and g

Rigzone·May 1·Chevron CorporationExxonMobil

Venezuelan Crude Will Eventually Lower US Gas Prices: Chevron Exec

A Chevron executive suggests that Venezuelan crude oil could eventually lower US gas prices, which currently average $4.17 per gallon, a significant increase fr

OilPrice·Apr 29·Chevron Corporation

Christodoulides calls for ‘acceleration’ of plans to extract natural gas

President Christodoulides has directly engaged with Chevron's leadership, urging a rapid advancement of Cyprus's offshore natural gas development. This high-lev

Cyprus Mail·Apr 29·Chevron Corporation
Apr 29

Christodoulides tells Chevron that Cyprus gas deal is near completion

Apr 14

Chevron increases Venezuela heavy oil stake through asset swap with PDVSA

Apr 14

Chevron and PDVSA shake hands on asset swap in Venezuela

Apr 10

Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt

Apr 10

Chevron finds oil at Gulf of Mexico’s Bandit prospect

Apr 3

Mediterranean gas field back online after shutdown due to regional safety woes