Kevin Crowley

Houston

U.S. oil reporter for Bloomberg. Previously mining in South Africa, finance in London. Commodities, Arsenal & Springsteen.

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Articles

US Shale Producers Unlikely to Heed Trump's Call to Drill as Rally Fades

4 days ago | financialpost.com | David Wethe |Kevin Crowley

Article content(Bloomberg) — US shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to US military strikes on Iran. Sign In or Create an AccountArticle contentWary of being caught by yet another false start in global crude markets, US oil companies are likely to use hedging contracts to lock in revenue for future output rather than spend heavily on new drilling, analysts said.
US Shale Producers Unlikely to Heed Trump’s Call to Drill as Rally Fades

4 days ago | bloomberg.com | David Wethe |Kevin Crowley

A pumpjack in Martin County, Texas, in March. (Bloomberg) -- US shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to US military strikes on Iran. Wary of being caught by yet another false start in global crude markets, US oil companies are likely to use hedging contracts to lock in revenue for future output rather than spend heavily on new drilling, analysts said.
Chevron incursiona en la industria del litio con adquisiciones en la formación Smackover

1 week ago | perfil.com | Kevin Crowley

Chevron Corp. hizo su primera incursión en el sector del litio con dos acuerdos para la adquisición de terrenos en el noreste de Texas y el suroeste de Arkansas, con el objetivo de crear un negocio “a escala comercial” en Estados Unidos.
Chevron incursiona en sector del litio con adquisiciones en formación Smackover

1 week ago | infobae.com | Kevin Crowley

(Bloomberg) -- Chevron Corp. hizo su primera incursión en el sector del litio con dos acuerdos para la adquisición de terrenos en el noreste de Texas y el suroeste de Arkansas, con el objetivo de crear un negocio “a escala comercial” en Estados Unidos.
Chevron incursiona en sector del litio con adquisiciones en formación Smackover

1 week ago | bloomberg.com | Kevin Crowley

Chevron Corp. hizo su primera incursión en el sector del litio con dos acuerdos para la adquisición de terrenos en el noreste de Texas y el suroeste de Arkansas, con el objetivo de crear un negocio “a escala comercial” en Estados Unidos.
Chevron Makes First Foray Into Lithium With Smackover Deals

1 week ago | financialpost.com | Kevin Crowley

Article content(Bloomberg) — Chevron Corp. made its first foray into lithium with two acreage deals in northeast Texas and southwest Arkansas aimed at building a domestic “commercial scale” business. Sign In or Create an AccountArticle contentChevron acquired 125,000 net acres from TerraVolta Resources LLC and East Texas Natural Resources LLC in the Smackover Formation, an underground rock formation that holds high lithium concentration, the Houston-based company said in a statement Tuesday.
Chevron Makes First Foray Into Lithium With Smackover Deals

1 week ago | bloomberg.com | Kevin Crowley

Mining high-grade quantities of lithium at scale is a major challenge. (Bloomberg) -- Chevron Corp. made its first foray into lithium with two acreage deals in northeast Texas and southwest Arkansas aimed at building a domestic “commercial scale” business.
Chevron to Name Van Dyke Commodities Lead in Trading Revamp

2 weeks ago | bloomberg.com | Nathan Risser |Devika Kumar |Kevin Crowley |Yongchang Chin

The Chevron refinery in Richmond, California, U.S., on Monday, April 11, 2022. Chevron Corp.'s plan to move major maintenance at its San Francisco Bay-area refinery to June from April because of an ongoing labor strike may further exacerbate already-high California fuel prices. Photographer: David Paul Morris/Bloomberg(Bloomberg) -- Chevron Corp.
US Energy Secretary Says Oil Output Drop in 2026 'Unlikely'

2 weeks ago | financialpost.com | Kevin Crowley |Kailey Leinz

Advertisement 1US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency. Article content(Bloomberg) — US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency.
US Energy Secretary Says Oil Output Drop in 2026 ‘Unlikely’

2 weeks ago | bloomberg.com | Kevin Crowley |Kailey Leinz

US Energy Secretary Chris Wright(Bloomberg) -- US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency. Much will depend on oil prices and whether producers will follow through on pledges to reduce investment, Wright said in an interview on Bloomberg Television.