Exxon and Chevron hike oil production despite global glut and see more 'frontier exploration' as U.S. shale boom slows | Fortune
Exxon, Chevron, and Shell are raising crude output in the Permian, Gulf of Mexico, and Guyana, increasing supply risks and pressuring oil prices toward 2026.
Your AI tools run on fracked gas and bulldozed Texas land | TechCrunch
AI data centers are driving renewed demand for fracked natural gas by building massive, self-powered facilities near major gas fields, increasing emissions and local impacts.
U.S. shale oil boom transforms from money treadmill into cash cow, Chevron president says
Chevron achieved sustainable shale profitability by leveraging Permian scale, technology, and the Hess acquisition to shift from growth to cash-generation and dividend increases.