Mike Wirth

Chairman and CEO of Chevron Corporation since 2017

49 stories

35 quotes

Export bans, be they in the U.S. or in other countries, actually take supply off the global market and they run the risk of making the situation worse,
We came into this year with high inventories. High inventories in commercial stocks held by companies, high inventories in strategic stocks held by governments around the world and actually significant inventories on the water, particularly barrels that were sanctioned by the U.S. or the EU,
Longer term, I think Venezuela can be part of a more secure energy system. Venezuela is coming off a relatively low starting point — there has not been much investment in the country,
Our expanded position reflects our confidence in the country’s deep resource potential and its ability to compete for investment within our portfolio for decades,
With improved terms and additional acreage, we are strengthening a portfolio that we believe can deliver attractive low-cost oil growth, support energy supply and create differentiated long-term value,
Chevron’s history in Venezuela spans more than a century, and our expanded position reflects our confidence in the country’s deep resource potential and its ability to compete for investment within our portfolio for decades,

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