Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
Jeff Gustavson said Chevron plans to build natural gas power plants that will be directly connected to data centers used by technology companies for AI.
Activist investor Engine No.1 is now teaming up with Chevron to build natural gas-fired power plants to meet soaring ...
Chevron Corporation CVX, Engine No. 1 and GE Vernova recently collaborated on an ambitious initiative to develop natural gas power plants to support the surging energy demands of AI-driven data ...