Tag: Chevrons

Chevron’s Australian LNG Plant Outage Adds to Global Supply Woes

(Bloomberg) — A section of a key liquefied natural gas export facility in Australia halted production Monday, threatening to further tighten global supplies after a pipeline issue in Norway curbed flows in Europe. Most Read from Bloomberg Chevron Corp.’s Gorgon liquefied facility halted production on one of its three units, according to people familiar with […]

Chevron’s quarterly profit beats estimates amid higher US production

(Reuters) — Oil giant Chevron Corp beat estimates for first-quarter profit on Friday as higher production volumes helped offset a hit from weak natural gas prices. Global oil prices were largely range bound in the first three months of 2024 despite rising geopolitical tensions, as non-OPEC members kept up supplies, while a milder winter season […]