Chevron Corporation CVX is speeding up expansion at the Tengiz oilfield in Kazakhstan to raise its output to around 1% of global crude supply. With this ramp-up process, Chevron is likely to complete ...

ALMATY, Feb. 5 (Xinhua) -- Daily oil production at the Tengiz field in January increased to 870,000 barrels, according to a press release from the Ministry of Energy of Kazakhstan on Wednesday.

Tengiz is expected to increase its crude oil production by 12 million tons a year. Maintenance caused the oil output to be curtailed for nearly two months in late 2024, and up until mid-January 2025.

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

Chevron and Exxon Mobil saw earnings decrease during the fourth quarter, despite hitting record oil and gas production in ...

Texas-based energy giant Chevron reported fourth-quarter earnings of $3.2bn on Friday, an increase from $2.3bn a year earlier ...

Chevron reportedly is accelerating its $48B expansion of Kazakhstan's Tengiz oilfield, raising its production to ~1% of ...