Chevron said on Tuesday it was transporting non-essential personnel from its offshore platforms in the Gulf of Mexico as a possible tropical storm approached the US Gulf Coast.
Chevron said on Tuesday that several of its subsidiaries signed agreements with Hess Midstream to restructure their Bakken midstream contracts and create new midstream contracts in the DJ Basin.
HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with Hess Midstream LP (NYSE: HESM) to restructure the terms of its Bakken midstream contracts and establish new DJ Basin midstream contracts. The revised agreements extend the Bakken contracts and are expected to reduce Chevron's Bakken unit midstream costs by approximately 50%, enhancing future earnings and return on capital employed. I.
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