Chevron Corporation

U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit.

Chevron Corp <CVX.N> on Friday posted a surprise third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results.

U.S. oil majors Chevron Corp and Exxon Mobil Inc cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit.

Chevron Corp on Friday reported an adjusted third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results.

Chevron Corp said on Thursday it began redeploying personnel and restoring production at its Gulf of Mexico platforms that were shut due to Hurricane Zeta.

Chevron Corp <CVX.N> will lay off about 25% of Noble Energy's employees who joined the oil major after its $4.1 billion purchase of the smaller rival earlier this month, the company told Reuters on Tuesday.

Energy firms and ports along the U.S. Gulf Coast prepared on Tuesday for another test as Hurricane Zeta, the 11th hurricane of the season, entered the Gulf of Mexico.

Chevron Corp <CVX.N> on Tuesday said it would shut down and evacuate its Fourchon and Empire terminals in Louisiana by the end of the day due to Tropical Storm Zeta.

Natural gas producer EQT Corp <EQT.N> said on Tuesday it will buy U.S. oil major Chevron Corp's <CVX.N> assets in the Appalachian basin for $735 million.

Chevron Corp will lay off about 25% of Noble Energy's employees who joined the oil major after its $4.1 billion purchase of the smaller rival earlier this month, the company said on Tuesday.

Chevron Corp said it was withdrawing non-essential staff from its U.S. Gulf of Mexico offshore facilities as Tropical Storm Zeta took aim at the Gulf.

After years of focusing on U.S. shale, Chevron Corp <CVX.N> is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long tread warily.

Chevron Corp <CVX.N> said on Sunday it has begun evacuating all non-essential personnel from its Gulf of Mexico facilities ahead of Tropical Storm Zeta.

Chevron Corp <CVX.N> on Sunday said its Empire and Fourchon terminals in Louisiana and related pipeline systems were back to operational status after Hurricane Delta.

Chevron Corp <CVX.N> has begun to restaff evacuated oil and gas production facilities in the U.S. Gulf of Mexico, the company said in a statement, as calm returned to an area struck by Hurricane Delta.

Chevron Corp <CVX.N> has completed the evacuation of personnel from all its platforms in the U.S.-regulated northern Gulf of Mexico and shut in the facilities because of Hurricane Delta, the company said on Wednesday.

Chevron’s market value leapfrogged that of Exxon Mobil for the first time on Wednesday during a week in which it closed a $4.1 billion, all-stock deal for Noble Energy, a smaller oil and gas producer.

Chevron has begun evacuating all personnel from its platforms in the Gulf of Mexico and is shutting-in the facilities in preparation for Hurricane Delta, the company said on its website on Monday.

Noble Energy shareholders on Friday approved a deal to sell the oil and gas producer to Chevron Corp, making Chevron the No. 2 U.S. shale oil producer and giving it international natural gas reserves close to growing markets.