US appeals court orders Ecuador to pay $96 mn to Chevron

A US federal appeals court on Tuesday upheld a $96 million award that Ecuador must pay oil giant Chevron in an arbitration of their dispute over Chevron`s investments in the country.

US stocks drop as oil equities tumble

US stocks dropped Monday with petroleum-linked equities retreating on a big drop in oil prices as Wall Street girds for a busy week of economic reports.

OVL qualified along with Chevron, Exxon for Mexico bid round

ONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.

Dow, S&P 500 fall; Nasdaq up back near 5,000

The Dow and S&P 500 Thursday gave back some of their gains from the prior session, while the Nasdaq edged up closer to 5,000.

Chevron to sell more assets amid drop in oil prices

US oil giant Chevron Tuesday said it plans $15 billion in asset sales through 2017 as it seeks to maintain a strong dividend for shareholders amid lower oil prices.

Chevron and ONGC Videsh join New Zealand oil, gas search

New Zealand awarded 15 oil and gas exploration licences on Tuesday, with U.S. giant Chevron and India`s ONGC Videsh joining the hunt in the South Pacific country for the first time.

Greenpeace blocks Chevron`s Romanian shale gas site

Around 20 Greenpeace activists have blocked access to a shale gas exploration site in Romania, in a third attempt to scupper the drilling operations of US energy group Chevron.

OVL eyes Chevron's gas block in Vietnam

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking to buy a stake in US supermajor Chevron's USD 4.3 billion Block B gas project in Vietnam.

Mere 90 companies behind major part of man-made climate change

The climate crisis of the 21st century has been caused largely by just 90 companies.

Chevron ordered to pay Ecuador $9.51 bn on appeal

An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced USD9.51 billion.

Chevron in US court to block $19bn Ecuador fine

US oil giant Chevron went to court in New York this week to try to escape paying USD 19 billion in damages in Ecuador, accusing an American lawyer acting for indigenous people there of fraud.

Chevron, Transocean settle over Rio oil spill

US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors to settle lawsuits over an oil spill off the coast of Rio de Janeiro.

Chevron buys Reliance's 80% stake in two blocks in Kurdistan

US oil behemoth Chevron Corp on Thursday said it has bought Reliance Industries' 80 percent stake in two oil blocks in Kurdistan region of Iraq for an undisclosed amount.

`Hijackers take 2 boats, hostages, off Nigeria`

Violence in the Niger Delta`s vast swamps and waterways has in the past cut oil output, moving global prices.

New natural gas find in Australia: Chevron

Chevron has announced a new natural gas discovery off Western Australia that will help support the massive Gorgon liquefied natural gas (LNG) project.

Venezuela buys ConocoPhillips` gas project stake

Venezuela`s state oil company has purchased ConocoPhillips` 40 percent stake in a joint natural gas venture with Chevron Corp.