Tag Archives: Upstream

By Julianne Geiger – 17 Aug 2020, 17:00 CDT US oil giant Chevron Corp (NYSE: CVX) is on the hunt for a new oil investment, and it is looking into the potentially lucrative and unstable area of ​​Iraq. Chevron is mulling over a memorandum of understanding with the Iraqi government …

August has historically been brutal for oil and gas stocks. According to data from Schaeffer Research, the energy sector has consistently underperformed in August, with returns turning negative in 8 of the last ten years. Oilfield services companies were one of the biggest culprits, with Baker Hughes (NYSE: BKR), Schlumberger …