Chevron

Refiners Book Q3 Profit Surge as Brent Holds Near $104

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Refiners Book Q3 Profit Surge as Brent Holds Near $104

Houston – November 03, 2026 -- Marathon Petroleum and Valero Energy reported third-quarter net income of $7.4 billion and $6.8 billion, up from $1.4 billion and $1.1 billion a year earlier, as wider crack spreads lifted refining margins while U.S.-Iran diplomacy remained unresolved.

Brent trades in a $6.44 range as no ceasefire is announced

As of 10:23 a.m. ET Tuesday, January Brent traded at $103.97 a barrel, against Monday's close of $104.77, after a session range of $100.80 to $107.24. December West Texas Intermediate stood at $96.49, against a Monday close of $96.46. No ceasefire agreement had been announced as of Tuesday morning.

Shell Starts Silvertip Phase 3 Output at Perdido Spar in Gulf

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Shell Starts Silvertip Phase 3 Output at Perdido Spar in Gulf

Houston – October 29, 2026 -- Shell Offshore Inc. has started production at Phase 3 of the Silvertip project, adding two wells that are expected to produce up to 6,000 barrels of oil equivalent per day (boe/d) at peak rates at the Shell-operated Perdido spar in the Gulf of America.

Silvertip Frio wells are tied into existing subsea infrastructure

The two wells sit in the Silvertip Frio reservoir, where Shell holds 40% and operates, and Chevron U.S.A. holds 60%. Phase 3 connects them to subsea infrastructure already in place, avoiding a new host facility.

Current estimated recoverable volumes for Phase 3 are 17 million boe, classified as 2P under the Society of Petroleum Engineers' Resource Classification System. Both the peak rate and the resource estimate are 100% gross figures.

LA Auto Show Makes Energy First Pillar, Chevron Presents

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LA Auto Show Makes Energy First Pillar, Chevron Presents

Los Angeles – – October 14, 2026 -- Californians registered 1.81 million new gas, hybrid and electric vehicles in 2025, the backdrop for the 2026 Los Angeles Auto Show's decision to make Energy the first of three narrative pillars, with Chevron with Techron as presenting sponsor of the consumer show.

AutoMobility LA, the show's global media and industry day, opens Nov. 19 at the Los Angeles Convention Center. Ten public days follow, Nov. 20 through 29. Industry registration costs $249. Media registration is complimentary for accredited and approved journalists and content producers.

Gastech 2026 Opens in Bangkok as Asia Drives 80% of Energy Demand Growth

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Gastech 2026 Opens in Bangkok as Asia Drives 80% of Energy Demand Growth

Bangkok – September 17, 2026 -- Gastech 2026 opens in Bangkok on September 14, convening 19 government ministers, global energy CEOs and technology leaders to address emerging markets that now drive more than 80% of global energy demand growth. Hosted by Thailand's Ministry of Energy and running through September 17, the event follows Gastech 2025's approximately $60 billion in commercial agreements and investments, setting a high bar for deal-making in this edition.