The sale agreement comprises the entire interest of BP (BP) in the Endicott and Northstar oilfields and a 50% stake in each of the Liberty and the Milne Point fields.
Chevron Corporation today, as part of National Science Week, issued a call to action to other businesses to join the company in supporting project-based learning methods to increase engagement in STEM and promote engineering design thinking in classrooms across the U.S.
* Western oil majors sticking with Russia projects BIROBIDZHAN, Russia, April 24 (Reuters) - Russia warned foreign companies working in the oil and gas sector that if they quit the country over Ukraine-related sanctions, they would not be able to return any time soon. Natural Resources Minister Sergei Donskoy said on Thursday that foreign firms had not so far signalled they would withdraw from projects in Russia, the world's top crude oil producer, but that there would be a price to pay if they did. "It is obvious that they won't return in the near future if they sever investment agreements with us, I mean there are consequences as well," Sergei Donskoy told reporters in the city of Birobidzhan in Russia's Far East.
The Dow component that led the way higher today was Chevron (NYSE:CVX), which sported a 69-cent gain (+0.6%) bringing the stock to $124.69. Holding the Dow back today was Visa (NYSE:V), which lagged the broader Dow index with a $1.15 decline (-0.6%) bringing the stock to $208.82.
Exxon Mobil's Asia-focused LNG projects are nearing completion, which can improve the oil giant's earrings and liquids production.
TheStreet highlights 3 stocks pushing the energy industry higher today.