LyondellBasell is in solid financial health. Management reported a net debt/adjusted EBITDA ratio of 1.8 times as of Dec. 31, 2024. We expect the leverage ratio will remain healthy over time as the ...

Chevron's downstream business lost $248 million in the fourth quarter of 2024, compared with a profit of $1.15 billion in the ...

The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ...

Senator Ned Nwoko, representing the Delta North Senatorial District, has alleged that his constituents are not benefitting from the 3% ...

Kearl targets production exceeding 280,000 barrels per day in 2025, with ongoing efforts to surpass 300,000 barrels per day over the next few years. The renewable diesel project at Strathcona remains ...

CALGARY, Alberta-- (BUSINESS WIRE)--Imperial (TSE: IMO) (NYSE American: IMO): ...

U.S. crude oil production fell by 122,000 barrels per day (bpd) in November to 13.314 million bpd, down from a monthly record ...

Chevron reported fourth-quarter earnings that missed analysts’ expectations. The stock fell in premarket trading. The oil ...

US supermajor Chevron reported earnings of $3.2 billion during the fourth quarter of 2024, below analysts estimates, amid a loss in its refining business, the company said on Friday.

Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.

Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining ...

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.