Chevron Financial News

On November 14, the Berkshire Hathaway (NYSE:BRKb) fund submitted its obligatory 13F report to the U.S. Securities Exchange Commission, outlining portfolio details for units trading in stocks valued at over $100 million. The pivotal observation from the presented data underscores unwavering confidence in Apple (NASDAQ:AAPL), maintaining its position as the undisputed leader, constituting 50% of the portfolio.

London | Oil and gas producers should be spending about half of their annual investment on clean energy projects by 2030 to be aligned with global climate goals, the International Energy Agency has said.

Despite the recent rally in the stock market, there are still some stocks trading at a discount due to the downturn in October. These stocks represent bargains with significant upside potential.

In its latest quarterly 13F, released Tuesday evening, Warren Buffett's Berkshire Hathaway (NYSE:BRKa) (BRK-A) highlighted that it has added at least one new stock in the third quarter and is not ready to tell the world about it just yet. Berkshire used what is known as confidential treatment with the SEC for the new stock position or positions. This will allow Berkshire to build the position without worrying about Buffett disciples bidding the stock up.

West Australian Premier Roger Cook says his state is the ideal place to store much of the world’s carbon emissions, and must capitalise on its natural advantages to become a global carbon storage hub.

Warren Buffett's company unloaded a number of the smaller investments in its portfolio in the third quarter including GM, Mondelez, Johnson & Johnson, UPS and Procter & Gamble

Investing.com — Warren Buffett's Berkshire Hathaway (NYSE:BRKb) exited its stake in a number of big-name publicly-listed U.S. businesses, including healthcare giant Johnson & Johnson (NYSE:JNJ) and carmaker General Motors (NYSE:GM), according to a closely-watched filing with the Securities and Exchange Commission on Tuesday.

By Jonathan Stempel

One of the world's largest oil and gas exploration, production and marketing companies, Petroleo Brasileiro Petrobras (NYSE:PBR) released its Q3'23 earnings last Thursday, November 9. Although the figures were slightly disappointing on a first impression, with a big drop in profit, InvestingPro still sees an interesting future for the Brazilian giant.

By Anirban Sen

In a world navigating the shift towards cleaner energies, recent disruptions in fossil fuel markets triggered by the conflict in Ukraine have prompted nations to reassess their reliance on natural gas and oil.

Cyprus’ energy minister says the political and economic ramifications from the ongoing Israel-Hamas war may provide an impetus to regional energy projects involving his country

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: Outperform initiations at Nike and Lululemon Athletica, and upgrades at HP, monday.com, Hess, and DigitalOcean.

By Hadeel Al Sayegh and Yousef Saba

climate change is all around us. If the planet is to avoid even more severe consequences from global warming, the International Energy Agency, the world’s leading energy authority, says, consumption of oil, coal and natural gas needs to be reduced much more rapidly, and clean energy sources like wind and solar power need to expand at a far faster pace. But the stock market doesn’t seem to have gotten the memo. Instead, the shares of a broad range of clean energy companies have been crushed lately, in a rout that encompasses just about every alternative energy sector, including solar, wind and geothermal power. At the same time, rather than weaning themselves off oil, Exxon Mobil and Chevron, the two biggest U.S. oil companies, are doubling down.

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

Investing.com — Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: Chevron to buy Hess for $53 billion, Vista Equity Partners to pick up EngageSmart, Roche to buy Telavant Holdings from Roivant and Pfizer , Western Digital drops on 'scrapped' merger, and Forward Air seeks to terminate disastrous Omni merger.

Investing.com — The Dow slumped Friday, as investors digested contrasting corporate earnings as Amazon and Intel impressed, but underwhelming results from oil majors including Chevron left energy stocks nursing heavy losses.

Investing.com — The S&P 500 slumped into correction territory Friday, as tech stocks gave up some of their gains and a Chevron-led fall in energy stocks weighed on investor sentiment.

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

A sale of federal Gulf of Mexico oil and gas leases that had been scheduled for Nov. 8 is being delayed pending court arguments that focus on protections for an endangered whale species