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Exxon and Chevron invest in the West as global conflicts intensify

Exxon and Chevron invest in the West as global conflicts intensify

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As the world becomes more and more dangerous, the two largest Western crude producers are focusing their investments closer to home.

Chevron On Monday, it announced the acquisition Hesse in a $53 billion deal that gives it access to one of the biggest oil discoveries of this century in the South American country of Guyana and allows it to double down on shale by expanding its presence in North Dakota. Both regions are established oil producers with limited geopolitical tensions, offering Chevron new reserves with less risk.

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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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