Chevron is looking to expand into Iraq, while ExxonMobil is bidding on Shell's U.S. chemicals assets.

The entities involved

• CVX →

  Indonesian disc jockey and music producer

  Nothing else this week.

• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22
• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
• Shell →

  British multinational oil and gas company

  • MarketBeat is reporting analyst ratings for Shell and Targa Resources.Mon 16:30
  • EY reported that major oil companies like TotalEnergies and Shell are prioritizing shareholder returns over reserve expansion.Mon 09:04

Related events

• Iraq is seeking to expand its oil production and refining capacity, leading to a new partnership deal reviving Chevron's presence in the country.Jun 7
• Chevron is considering new ventures in Iraq and maintains large TCO operations in Kazakhstan.Aug 19
• Corporate shifts include Dow exiting a petrochemical project, Eni operating in Venezuela, Enbridge acquiring a pipeline business, investment in Vaca Muerta shale, and Shell selling its U.S. gas plant.Sep 14
• ExxonMobil is expanding its pipeline in the Midland basin, while Chevron builds a power plant in West Texas, powering a facility next to a Microsoft data center.Sep 10
• TotalEnergies, ExxonMobil, and Shell are actively pursuing various oil and gas projects in Nigeria.Aug 25