Chevron

Israel's Ministry of Economy is advancing a broad regulatory exemption for Chevron's Leviathan and Tamar gas platforms, sparking fierce pushback from environmental groups warning of compromised safety standards.

Thousands of Iraqi tankers transport oil daily to Syria's Baniyas port. This emergency route could evolve into a major pipeline project worth up to $15 billion to bypass regional maritime threats.

The inter-ministerial committee led by Yossi Dayan has decided against changing Chevron's status in Israel's gas market. The move aims to maintain regulatory certainty and avoid forcing the energy giant to divest from its key assets.

ExxonMobil and Chevron, the two largest US oil companies, reported massive second-quarter profits following a surge in global oil prices driven by the war between the US and Iran.