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Chevron posted a record $36.5 billion profit for 2022 and said it would triple its spending on share repurchases. A White House spokesperson said oil companies instead should boost supply.
Tensions between President Joe Biden and the oil industry are intensifying, stoked by Chevron Corp.’s decision to repurchase $75 billion of shares and boost dividend payouts instead of plowing ...
Chevron Corp on Friday posted its highest quarterly profit in 10 years as oil and gas prices surged, and said on Friday it was looking to boost investment in natural gas on rising world demand.
Chevron Corp. said the buyback is effective on April 1, and does not have a fixed expiration date. ... But the White House was critical of the announcement.
Notably, Rubio's post contradicted earlier statements by Richard Grenell, the President’s envoy for special missions, who had asserted that the White House is set to extend Chevron Corporation ...
Trump to Extend Chevron's License to Operate in Venezuela. An aerial view of an oil rig at sea, the sun glinting off its structure. It was reported by Bloomberg this week that the White House is ...
Chevron can maintain its roughly $7 billion worth of equipment in Venezuela through a narrowly tailored sanctions waiver, a senior White House official told The Post.
In an interview with the Financial Times, Chevron’s chief executive Mike Wirth said the company would engage with the White House after Marco Rubio, US secretary of state, said the licence ...
It was reported by Bloomberg this week that the White House is set to extend Chevron Corporation (NYSE:CVX)’s deadline to halt its operations by another 60 days as negotiations with the Maduro ...