3 Big Numbers: More on the highest-earning public c-store CEOs

Chevron plans to invest $7 billion in Venezuela over five years, aiming to double oil production to 600,000 bpd. NABEP secured control of oilfields with 65 billion barrels of reserves, planning $100 billion in investments. Chevron and Shell also signed a preliminary agreement for Ghana's South Deepwater Tano block. SOCAR acquired stakes in Comstock Resources' Haynesville shale assets for $1.65 billion. Shell bought into BP-operated prospects in the Gulf of Mexico and Brazil.

The UK government has reportedly approved a North Sea gas project by Shell and Equinor. The project aims to boost domestic energy production. Shell (SHEL) and Equinor (EQNR) are involved in the development.

Shell acquired a 30% stake in BP's Conifer exploration prospect in the US Gulf of America. BP retains 70% and will operate the asset, with drilling expected in 2027. Shell aims to strengthen its position in the region, highlighting its low emissions intensity. Financial details were not disclosed.

Shell plc completed its $16.5 billion acquisition of ARC Resources Ltd., including $2.5 billion in debt. The deal, valued at $5.95 per share, involves $3.3 billion in cash and $10.6 billion in new Shell shares. Shell aims to boost hydrocarbon production by 370,000 barrels per day by 2030 through assets in the Montney formation.

Shell PLC completed its $16.5B acquisition of ARC Resources, a Canadian Montney shale producer, adding 370 kboe/d to its output. ARC shareholders receive CAD 8.2 and 0.40247 Shell shares per ARC share. Shell also acquired Tri Star Energy, gaining 320 U.S. retail sites. Shell aims for 4% production growth through 2030 and maintains its dividend policy.

Shell plc (SHEL) will acquire a 30% interest in BP plc's (BP) Conifer prospect in the Gulf of America and a 50% stake in the Tupinambá block in Brazil's Santos Basin. BP retains operatorship and majority stakes. Shell gains exposure to potential discoveries, while BP shares exploration risks. Drilling for Tupinambá is imminent, with Conifer scheduled for 2027.