Chevron (CVX) and Shell (SHEL) are close to securing the first big oil production deals with Venezuela since the U.S. capture of President Maduro in January, Reuters reported Tuesday. Chevron (CVX) ...

Two international oil majors are closing in on the first big oil production deals in Venezuela since the U.S. capture of ...

Chevron and Shell are advancing negotiations for new oil and gas projects in Venezuela as the country opens its energy sector to foreign investment under a newly reformed hydrocarbons law.

Chevron will expand operations in the Orinoco Oil Belt, while Shell will take over prized light and medium crude projects in Monagas state.

CVX and SHEL battle for energy dominance as production growth, LNG strength, debt levels and valuation gaps shape which oil major stands out now.

If finalized, Chevron’s and Shell’s new agreements could mark a major turning point for Venezuela’s energy sector. The country holds some of the world’s largest oil reserves but has struggled to ...

Key market opportunities in the gasoline sector include growth from increased vehicle ownership, developing economies, and ...

There are several well-known oil companies that own thousands of gas stations across the United States, but only one can occupy the top spot.

As per Reuters, the move came after a Ukrainian drone attack that damaged the Orenburg gas processing plant in Russia. Also Read: ExxonMobil, Chevron Supplier Archrock Garners Attention, Eyeing ...