Chevron commences production at Anchor project in U.S. Gulf of Mexico

Chevron commences production at Anchor project in U.S. Gulf of Mexico

Chevron Corporation (NYSE: CVX) has launched oil and natural gas production from its innovative Anchor project in the deepwater U.S. Gulf of Mexico, marking a significant milestone for the energy sector. The project features cutting-edge high-pressure technology capable of operating at up to 20,000 psi, with reservoir depths extending to 34,000 feet below sea level. […]

Chevron locks in $7.6bn PDC Energy buyout to strengthen US basin footprint

Chevron locks in $7.6bn PDC Energy buyout to strengthen US basin footprint

Chevron Corporation (NYSE: CVX) has solidified its hold in the U.S. basins by successfully finalizing the acquisition of PDC Energy, Inc. (NASDAQ: PDCE) at a price tag of $7.6 billion. The acquisition, celebrated by both PDC Energy shareholders and Chevron, marks an expansion of Chevron’s strategic assets with the addition of a whopping 275,000 net […]