Chevron Corporation (CVX)
- Motley Fool
3 Oil Stocks to Buy for 2022 and Beyond
Oil stocks have had a great run in 2022. Crude prices surged following Russia's invasion of Ukraine, enabling oil companies to feast on higher prices. While oil has cooled off considerably from its peak on concerns that demand could decline in 2023 if the global economy slows, most economists expect crude prices to remain elevated.
- Bloomberg
Chevron Lifts 2023 Capital Spending to Top of Range Amid Biden Pressure
(Bloomberg) -- Chevron Corp. will allocate an extra $2 billion to capital expenditures next year as it weighs demands for higher investor returns amid calls from US President Joe Biden for the US energy industry to reinvest more profits in production.Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingPeru’s President Accused of Coup After Move to Dissolve CongressWhy Did So Many US Men Quit Working? Social Status May Hold the Key, Study SaysElon Musk’s Banker
- Bloomberg
Big Oil Betting Billions on Global ‘Climate Catastrophe’
(Bloomberg) -- The world’s biggest oil producers are spending billions of dollars on fossil fuel projects that will only be needed if the world misses key climate goals, according to Carbon Tracker, a nonprofit think tank.Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingPeru’s President Accused of Coup After Move to Dissolve CongressWhy Did So Many US Men Quit Working? Social Status May Hold the Key, Study SaysBe Careful, Here Come the Predictions for 2023M
