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Former Chevron CEO Kenneth Derr dies at 87

Former Chevron CEO Kenneth Derr dies at 87 By Sabrina Valle HOUSTON, July 15 (Reuters) - Former Chevron Corp CVX.N chairman and CEO Kenneth T. Derr, who led the company between 1989 and 1999, died on Friday shortly before his 88th birthday surrounded by his family, the company said on Monday. Derr expanded Chevron's global operations during his term.
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North Sea Crude-Forties slips on sale

North Sea Crude-Forties slips on sale LONDON, July 15 (Reuters) - Forties slipped on Monday on a sale from TotalEnergies to Chevron, again making it the cheapest grade in the dated Brent basket. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP). * FORTIES: Total Energies sold to Chevron Aug.
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Oil tanker seized by Iran in 2023 anchors near UAE coast, tracking data shows

Oil tanker seized by Iran in 2023 anchors near UAE coast, tracking data shows LONDON, July 15 (Reuters) - A Chevron CVX.N -chartered oil tanker seized by Iran more than a year ago has dropped anchor near the United Arab Emirates port of Khor Fakkan, ship tracking data showed on Monday. The Marshall Islands-flagged Advantage Sweet was boarded by Iran's military in the Gulf of Oman in April 2023 after an alleged collision with an Iranian boat.
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Middle East Crude-Benchmarks dip; more refiners buy TMX oil

Middle East Crude-Benchmarks dip; more refiners buy TMX oil SINGAPORE, July 15 (Reuters) - Spot premiums for Middle East crude benchmarks Oman, Dubai and Murban dipped on Monday, with trades for September-loading cargoes expected to pick up speed this week. Qatar Energy on Monday will close three tenders to sell crude for September loading with bids valid until Wednesday, traders said.
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Japan, S. Korea refiners join China in buying Canadian TMX oil

Japan, S. Korea refiners join China in buying Canadian TMX oil ENEOS, SK Energy, GS Caltex, Hengyi Petchem buy their first cargoes Cold Lake crude preferred by most Asian refiners over AWB By Florence Tan SINGAPORE, July 15 (Reuters) - Asia's crude oil imports from Canada's newly expanded Trans Mountain pipeline will rise in September as major refiners in Japan and South Korea and a refinery in Brunei have bought their first cargoes alongside China, multiple trade sources said.
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Baltic index logs weekly gain on higher vessel rates

Baltic index logs weekly gain on higher vessel rates July 12 (Reuters) - The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to mark a weekly gain on the back of higher rates across all the vessel segments. * The overall index .BADI , which factors in rates for capesize, panamax and supramax shipping vessels, gained 50 points, or 2.6%, to 1,997. The index rose 2.9% this week.
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Caspian Pipeline Consortium raises oil exports by 3% in H1, sources say

UPDATE 1-Caspian Pipeline Consortium raises oil exports by 3% in H1, sources say Adds export data for June, detail, CPC stakeholders MOSCOW, July 12 (Reuters) - The Caspian Pipeline Consortium (CPC), which exports oil from Kazakhstan via the Black Sea, increased oil supplies in the first half of the year by 3% year on year to 33.21 million metric tons (1.432 million barrels per day), two industry sources said on Friday.
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Oil tanker seized by Iran in 2023 bound for Oman port, tracking data shows

Oil tanker seized by Iran in 2023 bound for Oman port, tracking data shows July 12 (Reuters) - A Chevron-chartered oil tanker seized by Iran more than a year ago is heading toward the Sohar port in Oman, LSEG ship tracking data showed on Friday. On Thursday, ship tracking data showed the vessel moving to international waters, with the destination showing as Khor Fakkan in the United Arab Emirates.
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ConocoPhillips, Marathon Oil get second US FTC request over $22.5 bln deal

ConocoPhillips, Marathon Oil get second US FTC request over $22.5 bln deal July 12 (Reuters) - Top U.S. independent oil producer ConocoPhillips COP.N said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of rival Marathon Oil MRO.N . ConocoPhillips said both companies received the requests on July 11 and are working with the FTC to review the merger.
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Middle East Crude-Benchmarks firm further, east-west spread at five-month high

Middle East Crude-Benchmarks firm further, east-west spread at five-month high SINGAPORE, July 12 (Reuters) - Middle East crude benchmarks Oman, Dubai and Murban closed the trading week firmer, with one China oil major being the biggest buyer for the week against a backdrop of mixed market expectations for September, though east-west spreads neared a five-month high.
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Energy companies win dismissal of Baltimore's climate change case

Energy companies win dismissal of Baltimore's climate change case By Nate Raymond July 11 (Reuters) - A Maryland judge on Thursday dismissed a lawsuit by the city of Baltimore seeking to hold energy giants such as Exxon Mobil XOM.N , BP BP.L and Chevron CVX.N responsible for climate change, saying the case went beyond the limits of state law by trying to address the effects of gas emissions globally.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Vivendi, Axel Springer, Chevron Corp, Martin Midstream Partners and Five9 July 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Thursday: * * Vivendi VIV.PA is exploring a spin-off and potential London listing for its Canal+ TV unit, Bloomberg reported, sending the French media conglomerate's shares sharply higher in late afternoon trading.
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U.S. STOCKS Pure Cycle, Tesla, Five9

BUZZ-U.S. STOCKS ON THE MOVE-Pure Cycle, Tesla, Five9 Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 fell from record highs on Thursday, weighed by megacap stocks, as investors favored small-caps after a softer-than-expected inflation reading bolstered hopes that the U.S.
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Oil tanker seized by Iran moving to international waters, tracking data shows

UPDATE 2-Oil tanker seized by Iran moving to international waters, tracking data shows Adds State Department comment in paragraph 3 July 11 (Reuters) - A Chevron-chartered oil tanker that was seized by Iran more than a year ago was heading for international waters on Thursday, LSEG ship tracking data showed. The Marshall Islands-flagged Advantage Sweet was boarded by Iran's military in the Gulf of Oman in April 2023 after an alleged collision with an Iranian boat.
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Hess shares fall, Chevron pares gains, as merger review delayed by FTC

BUZZ-Hess shares fall, Chevron pares gains, as merger review delayed by FTC ** Shares of oil and gas company Hess HES.N turn negative, fall 0.3% to $147.22 from $149.27 in afternoon trade; Chevron CVX.N trading flat at $155.09, earlier at $156.68 ** Bloomberg News reports that U.S. Federal Trade Commission plans to delay its decision of whether to
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Chevron and Hess say US FTC merger review expected for third quarter

UPDATE 3-Chevron and Hess say US FTC merger review expected for third quarter Adds Chevron, Hess comments, context in paragraphs 1-3 By Sabrina Valle July 11 (Reuters) - Oil producers Chevron Corp CVX.N and Hess Corp HES.N expect the U.S. Federal Trade Commission will review their proposed merger in the third quarter, the companies said in a statement on Thursday.
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Chevron-Hess deal decision delayed by FTC over Exxon arbitration, Bloomberg News reports

Chevron-Hess deal decision delayed by FTC over Exxon arbitration, Bloomberg News reports July 11 (Reuters) - The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron's CVX.N $53 billion takeover of Hess HES.N until after an arbitration case with Exxon Mobil XOM.N is settled, Bloomberg News reported on Thursday. Reporti
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Chevron-Hess Decision Delayed By US FTC To After Exxon Arbitration - Bloomberg News

BRIEF-Chevron-Hess Decision Delayed By US FTC To After Exxon Arbitration - Bloomberg News July 11 (Reuters) - Chevron Corp CVX.N : CHEVRON-HESS DECISION DELAYED BY US FTC TO AFTER EXXON ARBITRATION - BLOOMBERG NEWS Source text: https://tinyurl.com/3xxbfpjf Further company coverage: CVX.N
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US court's reversal of 'Chevron deference' may limit investments in EVs, safer chemicals, Jefferies says

US court's reversal of 'Chevron deference' may limit investments in EVs, safer chemicals, Jefferies says July 11 (Reuters) - The U.S. Supreme Court's recent decision to overturn a 1984 precedent, which allowed government agencies to interpret unclear laws, could curb investments in electric vehicles and the development of safer chemicals used in manufacturing, according to a Jefferies analyst.
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US House Republicans demand regulatory reviews after Supreme Court ruling

US House Republicans demand regulatory reviews after Supreme Court ruling By Moira Warburton WASHINGTON, July 10 (Reuters) - Republicans in the U.S. House of Representatives have asked all federal agencies to begin reviews of regulations that could be affected by a recent Supreme Court ruling overturning a legal precedent known as "Chevron deference," in letters released on Wednesday.
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