Dow Jones Top Energy Headlines at 7 AM ET: Chevron Readies Plans to Invest $7 Billion in Venezuela | BP ...
Chevron Readies Plans to Invest $7 Billion in Venezuela
Chevron is taking steps to more than double its production in Venezuela, planning to invest more than $7 billion in the country over the next five years.
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BP Names Replacement for Chairman Ousted Over Bullying Concerns
Interim chairman Ian Tyler will take the role permanently, making him the company's third chair in less than a year.
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Chevron Will Grow Venezuelan Oil Production. It's Different Than Trump's Big Bet.
Chevron already produces about 280,000 barrels of oil a day in Venezuela through joint ventures. The company has said it can expand by another 50% over the next two years,
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Oil Stocks Hit New Highs After U.S. Resumes Strikes in Strait of Hormuz
Petróleo Brasileiro, BP, and Canadian Natural Resources were among the biggest gainers.
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Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks
Renewed fighting revived concerns the conflict could become more prolonged and further disrupt oil flows through the Persian Gulf, just as supply risks are being compounded elsewhere.
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Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google
The company, which counts Bill Gates as an early backer, went public in a buzzy IPO in May.
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Energy & Utilities Roundup: Market Talk
Find insight on Mexico's natural gas imports, oil futures, Orsted, Thai Oil and more in the latest Market Talks covering energy and utilities.
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Who Pays for Wildfire Damage? California Can't Agree
Lawmakers balk at Newsom's proposal to limit utilities' wildfire liabilities, sending shares down sharply.
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Trump's Venezuelan Oil Company Plans Massive Drilling Push
The company led by Alejandro Betancourt plans to dispatch more than 50 drilling rigs to turbocharge the country's anemic crude production.
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Fighting Flares in Middle East After U.S. Strike on Iranian Rocket Launchers
American forces later defended against missiles launched at Jordan, which hosts nearly 4,000 U.S. troops, U.S. military officials said.
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PG&E Stock Plummets. It May Not Be Shielded From Wildfire Liabilities.
PG&E stock falls sharply after the California State Assembly amends key wildfire legislation that leaves out liability protection for utilities.
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SLB to Buy Data Center Cooling Firm Kelvion for $4.1 Billion
The oil drilling and production company agreed to acquire thermal management company Kelvion for $4.1 billion in a bid to strengthen its growing data center business.
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ONEOK to Buy Brazos Midstream's Permian Assets for $4.43 Billion
ONEOK is set to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.43 billion, expanding its footprint in prolific American oil hub.
(END) Dow Jones Newswires
September 02, 2026 07:15 ET (11:15 GMT)
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