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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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OilPrice·May 1·1 min read

Chevron Earnings Top Estimates While Refining Swings to Loss

Chevron outperformed Wall Street projections for the first quarter, driven primarily by robust crude realisations that reinforced upstream profitability. This operational strength in extraction effect

Exxon, Chevron Beat Profit Estimates

U.S. oil supermajors ExxonMobil and Chevron surpassed Wall Street consensus estimates in their first-quarter earnings, underscoring resilient upstream margins d

Venezuelan Crude Will Eventually Lower US Gas Prices: Chevron Exec

Chevron leadership anticipates that resuming and expanding Venezuelan crude flows to Gulf Coast refiners will structurally alleviate upward pressure on United S

OilPrice·Apr 29·Chevron Corporation

Christodoulides calls for ‘acceleration’ of plans to extract natural gas

Cypriot President Nikos Christodoulides met with a high-level Chevron executive delegation to demand a concrete acceleration in developing the offshore Aphrodit

Cyprus Mail·Apr 29·Chevron Corporation

Christodoulides tells Chevron that Cyprus gas deal is near completion

Cypriot President Nikos Christodoulides has informed a visiting Chevron executive delegation that domestic administrative procedures to finalize the revised dev

In-Cyprus·Apr 29·Chevron Corporation
Apr 14

Chevron increases Venezuela heavy oil stake through asset swap with PDVSA

Apr 14

Chevron and PDVSA shake hands on asset swap in Venezuela

Apr 10

Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt

Apr 10

Chevron finds oil at Gulf of Mexico’s Bandit prospect

Apr 3

Mediterranean gas field back online after shutdown due to regional safety woes

Apr 2

Subsea7 wins contract for Aseng gas monetisation project