As the company enjoys a rapidly growing subscribers for its content-sharing platform, Box Inc, the cloud storage provider, raised its full-year forecast. Share value of the company increased by 8.7 per cent in the extended trading on Wednesday.
Last year was an ugly one for the U.S. energy sector, and while the first trading day of 2015 pointed to continued weakness in oil, investors are starting to look to when the sector might start to recover.
The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs.
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around the world.
U.S. stocks ended slightly lower on Thursday after European Central Bank President Mario Draghi brushed off pressure for more immediate monetary policy action but said the issue would be addressed early next year.
EnLink Midstream (ENLK.N) (ENLC.N) said on Monday it had signed a $235 million deal with Chevron Corp (CVX.N) to buy natural gas pipelines in Southern Louisiana, including those linked to the Henry Hub supply point that sets U.S. futures prices.
U.S. companies are increasingly less optimistic about the business outlook in China, and see growing competition from local rivals who get preferential treatment as a key challenge, a survey showed on Friday.
Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private equity firms, according to people familiar with the matter.
Petroleum companies Royal Dutch Shell and BP are reportedly looking to sell its oil refineries and petrol stations in Australia to generate cash for their energy production business segments. Chevron Corp. reportedly may follow suit and exit its service stations in the country.
The Permanent Court of Arbitration in The Hague, Netherlands has pushed back an arbitration claim hearing involving Chevron Corp. and Ecuador to February. Chevron was indicted for environmental damage done in Amazon by Texaco.
Trial began Tuesday for the case filed by Chevron Corp against villagers in Ecuador and their lawyer Steven Donziger.
Sources told Reuters that Chevron Corp would be getting bids by the end of September for its Nigerian oil blocks.
A research conducted by Savills Plc ranked Singapore as the best value city for foreign investment.
The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.