Israeli Energy Minister Eli Cohen has said that his refusal to sign a $35 billion gas agreement with Egypt has prompted his U.S. counterpart Chris Wright to cancel a planned trip to Israel.

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production.

Fire crews have extinguished flames at a Chevron refinery just outside of Los Angeles.

Chevron is expected to lay off more than 500 employees in Houston this fall as part of its integration with Hess Corporation, the company confirmed Thursday.

Chevron has a clear way for the major oil company to complete its $53 billion acquisition of Hess Corporation’s offshore assets in Guyana.

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

The California Senate has introduced a landmark resolution to have the state examine its crude imports from the Amazon, following a visit this week by Indigenous leaders from Ecuador who urged lawmakers to help stop oil expansion in their territories.

Chevron is laying off more than 200 employees in Texas as it prepares to cut up to 20 percent of its global workforce by the end of next year.

Enjoy a free day of discovery and fun as you explore how Houston’s maritime community works to keep our oceans and coastlines clean — and learn how you can help. From oil spill mystery-solving and hazmat suit demos to hands-on clean-up gear and interactive games, there’s something for the whole family.

The timing will be a lot different

Erick Ojeda has no money.

A Southeast Louisiana jury ruled oil company Chevron must pay more than $740 million dollars to restore damage it caused to coastal wetlands following a landmark trial more than a decade in the making.

Life Flight dispatched after an industrial accident at Pasadena Chevron.

According to a report by CNBC, Chevron announced plans to reduce its workforce by 15% to 20% as part of a cost-cutting strategy.

Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers, particularly for the development of artificial intelligence.

Venezuela’s main opposition coalition has urged the U.S. to cancel licenses for Chevron and other energy companies.

Chevron is the latest in a string of businesses to transfer to the Lone Star State

Federal rules that impact virtually every aspect of everyday life, from the food we eat and the cars we drive to the air we breathe and homes we live in, could be at risk after a wide-ranging Supreme Court ruling.

Executive branch agencies will likely have more difficulty regulating the environment, public health, workplace safety and other issues under a far-reaching decision Friday by the Supreme Court.

The Supreme Court has upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer protections.

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive profits.

Rising star Atthaya Thitikul birdied five of the final seven holes and shot a 7-under 65 to grab the halfway lead in the Mihuho Americas Open.

Supreme Court Justice Neil Gorsuch will have a book out this summer on a subject he has commented upon often, the volume of laws in the U.S. Harper, an imprint of HarperCollins Publishers, announced Wednesday that ”Over Ruled: The Human Toll of Too Much Law” will be released Aug. 6.

The Biden administration has reimposed crushing oil sanctions on Venezuela in a rebuke to President Nicolas Maduro’s attempts to consolidate his rule just six months after the U.S. eased restrictions in a bid to support now fading hopes for a democratic opening in the OPEC nation.

Nelly Korda hasn’t really considered her place in history as she prepares to chase her fifth consecutive victory, which would tie the LPGA record, this weekend at the Chevron Championship.

The Associated Press has learned that a former Venezuelan fighter pilot jailed in Venezuela in February for his ties to a prominent human rights attorney is an employee of U.S. oil firm Chevron.

Conservative Supreme Court justices have voiced support for weakening the power of federal regulators, but it's unclear whether a majority would overturn a major 40-year-old decision.

Business and conservative interest groups hoping to limit the power of regulators believe they have a winner in the Atlantic herring and the boats that sweep the modest fish into their holds by the millions.

Occidental is buying oil and gas company CrownRock in a cash-and-stock deal valued at about $12 billion.

The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger.

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades.

Senate Majority Leader Chuck Schumer and other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump.

Exxon Mobil’s third-quarter profit declined compared with last year's unprecedented numbers, but they're up 15% compared with the previous quarter.

Asian shares are mixed after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.

A California jury has returned a $63 million verdict against Chevron after finding the oil giant covered up a toxic chemical pit on land purchased by a man who built a house on it and was later diagnosed with a blood cancer.

The Supreme Court says it will decide whether or not to overrule a decades-old decision that has been a frequent target of conservatives and, if overruled, could make it harder to sustain governmental regulations.

Oil companies including Chevron and ExxonMobil offered a combined $264 million for drilling rights in the Gulf of Mexico in a sale mandated by last year’s climate bill compromise.

Chevron says it has reported how much money it made in January from selling gasoline in California.

Asian shares have advanced, boosted by a rally on Wall Street following reports suggesting the economy and corporate profits may be doing better than feared.

Cyprus’ energy minister says a pipeline conveying Israeli natural gas to the island nation where it would be liquefied for export by ship is an option the government is weighing on how to get east Mediterranean gas to Europe and elsewhere amid the energy crisis prompted by Russia’s war in Ukraine.

Venezuela’s government and its opposition have agreed to create a U.N.-managed fund to finance health, food and education programs for the poor, while the Biden administration eased some oil sanctions on the country in an effort to boost the newly restarted talks between the sides.

The Biden administration is easing some oil sanctions on Venezuela in an effort to support newly restarted negotiations between the Venezuelan government and its opposition.

BP’s earnings have more than doubled in the third quarter as the London-based energy giant benefited from high oil and natural gas prices following Russia’s invasion of Ukraine.

Oil companies brought in staggering profits once again as consumers worldwide struggled with high gasoline and energy prices.

It sure doesn't sound like Wentworth will be a place for PGA Tour players and LIV Golf players to visit over tea.

An investigation is underway after flaring and smoke were reported at the Chevron Phillips Chemical Company facility in Baytown Tuesday, emergency officials said.

In a pointed back and forth, the head of Chevron has complained that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.”.

The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-run nation.

This is the final year the LPGA Tour's first major is at Mission Hills in California.

A gas station in Spring is the latest victim of a diesel theft. It’s a crime that’s increasing along with gas prices.

Australia’s Woodside Petroleum says it is withdrawing from projects in strife-torn Myanmar, following a similar decision by Total and Chevron.

Total Energies and Chevron, two of the world’s largest energy companies, are stopping all operations in Myanmar.

Texas-based ConocoPhillips bought Shell’s Permian Basin assets for $9.5 billion, its second major purchase in the oil-rich area over the last year.

Buffetts company made major new investments in Verizon and Chevron and again trimmed its huge stake in Apple while making several other adjustments to its stock portfolio in 2020. – Warren Buffett's company made major new investments in Verizon and Chevron and again trimmed its huge stake in Apple while making several other adjustments to its stock portfolio last year. Berkshire Hathaway Inc. said in regulatory filings Tuesday that it bought $8.6 billion worth of Verizon stock and picked up $4.1 billion worth of Chevron shares over the last six months of 2020. AdIn addition to those large new investments, Berkshire also revealed a new stake in professional services firm Marsh & McLennan that's worth roughly $499 million. In addition to the three new investments, Berkshire also added to its relatively new holdings in drugmakers Bristol Myers Squibb, Abbvie and Merck.

Oil giants Exxon and BP have reported staggering losses for 2020 as the pandemic crushed energy demand and caused oil prices to tumble. (AP Photo/Alastair Grant, File)DALLAS – Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil prices. Exxon Mobil Corp. reported the largest losses in its history — nearly $20.1 billion for the fourth quarter, including more than $19 billion to write down the value of company assets. BP PLC posted a profit of $825 million in the fourth quarter but still lost $18.1 billion in 2020. However, the company is still bringing new oil and gas projects into operation.

Credit: Jordan Vonderhaar for The Texas TribuneLearn more about how to navigate Texas’ unemployment system in our guide for jobless Texans. The unemployment rate in Texas rose to 8.1% in November, the U.S. Labor Department said Friday. That’s an increase from the state’s October rate of 6.9% as Texas, whose businesses have been battered by the coronavirus pandemic, experienced another surge in infections. The state's unemployment rate for November is the latest indicator that the economic recovery in Texas will be slow and staggered. Distribution of a COVID-19 vaccine could impact the unemployment rate in the coming months — though, as Gov.

Eight months after the pandemic flattened the economy, weekly jobless claims still point to a stream of layoffs. Thursday’s report from the Labor Department said the number of people who are continuing to receive traditional unemployment benefits declined to 7.3 million. The job market has been under pressure since the virus paralyzed the economy and has regained barely half the 22 million jobs that were lost to the pandemic in early spring. All told, the Labor Department said 21.5 million people are receiving some form of unemployment benefits, though the figure may be inflated by double-counting by states. Without additional federal aid, millions of unemployed Americans likely will lose all their jobless benefits in coming weeks and months, probably forcing them to scale back their spending.

Here are things to know for Friday, Oct. 30:1. Body of woman found in ditch had multiple stab wounds, Houston police sayHouston police are investigating the fatal stabbing of a woman whose body was found Wednesday in a drainage ditch in Houston, according to Houston police. Investigators identified multiple stab wounds on the woman’s body, according to a release from the department. Seven Lakes High School to temporarily halt in-person classes after 40+ COVID-19 cases on campusSeven Lakes High School will be temporarily closed Friday after at least 43 students tested positive for COVID-19, according to Katy ISD. The principal of Seven Lakes High School sent home a letter to parents which said in part:“Thru contact tracing many positives be linked back to medium to large scale gatherings involving our students.

NEW YORK – Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity. The string of losses and what by almost all counts will be a money-losing year is new territory for Exxon Mobil, which has not posted an annual loss since Exxon and Mobil merged in 1999. Already struggling with weak prices from oversupply, the pandemic has intensified the pain for oil and gas companies. Exxon has begun slashing costs to offset falling energy demand, and that means jobs. Oil demand is expected to fall 8% globally this year, according to the International Energy Agency.

NEW YORK – Exxon Mobil is slashing 1,900 jobs from its U.S. workforce, and Chevron plans to cut a quarter of the employees at its recently-acquired Noble Energy as the pandemic saps demand for fuel. Exxon said Thursday the reductions will be both voluntary and involuntary and will largely come from its management offices in Houston. The Irving, Texas oil giant had about 75,000 employees worldwide at the end of 2019. The oil industry was already struggling before the pandemic struck, with a weakened global economy decreasing demand for energy and producers flooding the market with cheap fuel. Chevron confirmed Thursday it would slash jobs at Noble Energy, which it recently acquired, by 25%.

HOUSTON – Chevron Corp. is asking employees to reapply for positions as part of a “cost-cutting program expected to eliminate up to 15% of its workforce," according to Reuters. Nearly 700 employees in Houston will be laid off starting Oct. 23, according to a notice Chevron sent to the state of Texas. The layoffs will affect workers at Chevron’s downtown offices: 1400 Smith, 1500 Louisiana, 1600 Smith and 2 Allen Center, according to the Houston Chronicle. This summer, Chevron acquired Houston-based Noble Energy, and it is expected to make cuts and layoffs for redundant office positions. In total, the company announced plans to lay off 6,000 workers globally this year.

SAN RAMON, California Chevron announced Monday morning that the company plans to acquire Noble Energy for $5 billion, making it the biggest energy deal since the beginning of the coronavirus pandemic. In a statement Monday, the total enterprise value and transaction was $13 billion, which included pending debts from Noble Energy. The acquisition is subject to approval from Noble Energy shareholders. Noble Energys multi-asset, high-quality portfolio will enhance geographic diversity, increase capital flexibility, and improve our ability to generate strong cash flow.According to CNN Business, Noble Energys debt and proven undeveloped reserves became an attractive and cheap buy for Chevron. Noble Energy will own 3% of the combined company, according to Chevron in a statement.

NEW YORK Chevron will take over Noble Energy for $5 billion in the first big deal announced since the coronavirus pandemic shook the energy sector. Chevron, based in San Ramon, California, has been shopping for assets since last year and with crude prices down more than 30% this year, it jumped Monday with it's all-stock offering. Based on Chevrons closing price on Friday, Noble Energy shareholders will receive 0.1191 shares of Chevron for each Noble Energy share. The total enterprise value of the deal, including debt, is $13 billion. Noble is based in Houston, Texas.

It found that 10 of them had reported benzene levels above the established threshold over a one-year period that ended in September. “EPA in 2015 imposed regulations to better monitor benzene and protect people living near refineries, often in working-class neighborhoods. Some stressed that the fence line monitoring data isn't necessarily indicative of public health risks and described the report as misleading. Kansas-based Flint Hills Resources said that the fence-line monitoring data it reported to the EPA isn't necessarily indicative of benzene levels in communities near its facility. In a one-sentence statement, Valero pointed out that its current benzene monitoring averages are below the threshold.

BELLAIRE, Texas – A man attempted to steal two luxury cars in Bellaire Wednesday night but was unsuccessful, the victims said. The video shows the armed man approaches the driver and demanded his wallet and keys. The second robbery attemptA few blocks away, the suspect attempted to steal a white BMW from another man, Oscar Aguilar, officials said. Aguilar said the suspect robbed him of his items and keys but couldn’t start the car. He said the gunman attempted to start the car for three minutes before he gave up and ran.

HOUSTON – The average cost of a gallon of gas in Houston is $3.23. But some stations around town sold regular gas for 28 cents less. The following three stations sold gas for less on Monday, according to www.GasBuddy.com. Chevron, Crabb River Road near Sandsbury Boulevard in Sugar Land: $2.95Valero, Barker Cypress near West Road: $3.14HEB, Katy Freeway near Pin Oak Road in Katy: $3.15More Information: