Plans for 8,400 new homes at San Ramon's Bishop Ranch is an ambitious pivot that reflects a broader reckoning with the struggles of the suburban American office park in the remote work era.

The two U.S. integrated giants reported quarterly earnings with Venezuela in focus.

Chevron Corp. intends to finance Venezuelan oil investments with cash from oil sales rather than committing new capital to the country, Chief Financial Officer Eimear Bonner said in an interview.

Chevron Corporation is rated a Buy due to strong balance sheet, robust FCF, beating expectations on revenue and earnings. Read more on CVX stock here.

By Sheila Dang HOUSTON, Jan 30 (Reuters) - Chevron's fourth-quarter profits fell but came in ahead of estimates as it focused on cutting costs and making its operations more efficient to contend with lower crude prices throughout 2025.

Chevron (NYSE:CVX) received a new U.S. general license that allows a major expansion of its operations in Venezuela. The company is increasing crude production and exports from the country, using its existing footprint and heavy crude refining system.

Shares of both companies have risen over the past year, despite U.S. oil prices ending 2025 down 20% a barrel.

Chevron Q4 earnings beat expectations despite lower revenue; production hit records and 2026 output is seen up 7%-10%.

Chevron Corp (NYSE:CVX) is negotiating with the Trump administration to expand its Venezuela oil license, aiming to boost exports to 300,000 barrels per day by March. The move comes as Trump pivots toward energy independence policies,

Venezuela makes up less than 10% of Chevron’s production, but has investors transfixed.