Coronavirus Special Report: Crude Gets Crushed

May.08 — Bloomberg’s Alix Steel speaks to major players in the energy industry about the impact of the coronavirus pandemic, which has contributed to a glut in supply and a plunge in demand for crude oil. Chevron CEO Mike Wirth, BP CEO Bernard Looney, ConocoPhillips Chairman and CEO Ryan Lance, and Icahn Enterprises Holdings Chairman … Read more Coronavirus Special Report: Crude Gets Crushed

Oil Demand Destruction Could Reverberate for Years to Come

Bloomberg reports on an uncertain future for the oil industry. Apr.01 — Oil is entering a period of unparalleled demand destruction that promises to transform the industry for years to come. The crash has already led to refiners slashing processing, drillers halting output and storage tanks swelling across the world. This report include comments by … Read more Oil Demand Destruction Could Reverberate for Years to Come

As Exxon Pumps the Brakes on the Permian, Chevron Ramps Up

Mar.05 — In this week’s “Commodity-In-Chief” on “Bloomberg Commodities Edge”, Bloomberg’s Alix Steel talks with Mike Wirth, chairman and CEO of Chevron. The company plans to hand investors billions of dollars more than it did during the heyday of $100-a-barrel crude as the U.S. supermajor ramps up oil output in the Permian Basin. In a … Read more As Exxon Pumps the Brakes on the Permian, Chevron Ramps Up

Chevron CEO Says Oil Demand ‘Has Really Come Off’ Amid Virus Outbreak

Mar.03 — Mike Wirth, Chevron Corp. chief executive officer, discusses the impact of the coronavirus outbreak on oil demand and his pledge to lavish as much as $80 billion on dividends and share buybacks over the next half decade. He speaks with Bloomberg’s Alix Steel on “Bloomberg Markets.”

Chevron CEO Wirth on Coronavirus Threat and Oil Market Volatility

Jan.23 — Chevron Corp. Chairman and Chief Executive Officer Mike Wirth discusses the threat from the novel coronavirus outbreak, the company’s strategy and the outlook for the oil market. He speaks with Bloomberg’s Haslinda Amin at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Markets.”

Atelier Versace | Met Gala 2019 | Camp: Notes on Fashion

This year’s exhibition “Camp: Notes on Fashion” was inspired by Susan Sontag’s seminal essay “Notes on Camp”, defining camp as the love of the frivolous, the unnatural, artifice and exaggeration. Co-host Serena Williams’ #MetGala look is crafted from innovative fabric with fluorescent properties. The boustier corset dress, detachable skirt and draped cape feature appliqué of … Read more Atelier Versace | Met Gala 2019 | Camp: Notes on Fashion

Great Lakes and Dredging International to Work on Wheatstone LNG Project

Great Lakes Dredge & Dock Corporation are to work with Dredging International (part of DEME) on a subcontract to dredge 26 million cubic metres of clay and rock around the Wheatstone LNG Project on the North-West cost of Australia. The approach channel, maneuvering area and the berths for the Chevron-operated gas plant will be created as … Read more Great Lakes and Dredging International to Work on Wheatstone LNG Project

Oil: Caspian Pipeline to Double Capacity from Tengiz to Europe

The Caspian Pipeline Consortium has approved a plan to almost double the throughput of the Caspian pipeline which links the gargantuan Tengiz oil field to the Black Sea. At a meeting in Moscow, the governments of Kazakhstan and Russia approved the deal which will see companies such as Chevron undertake significant work in the Caucasus. … Read more Oil: Caspian Pipeline to Double Capacity from Tengiz to Europe