Chevron CEO warns oil buffers that cushioned the Iran war shock have been ‘drained’ - Fortune

HOUSTON — Chevron Chief Financial Officer Eimear Bonner will become president of its oil, products and gas business, the company said on Monday. Jeff Gustavson, currently president of Chevron’s new energies business, will succeed Bonner as CFO. Both moves are effective January 1. The executive reshuffle comes as the second-largest US oil major is preparing for CEO Mike Wirth to hand over the reins. In December, Wirth said he was in discussions with the board about succession planning and did not expect to serve more than 10 years in the role. Bonner and Gustavson are both seen as potential candidates for CEO, several investors have told Reuters. Wirth has led the company for more than eight years. Latest updates on company news here“Chevron maintains a robust succession planning process overseen by the board. We have strong leadership across the company and a deep bench of experienced executives prepared to lead the business,” a company spokesperson said. The oil major also said Mark Nelson, currently head of the oil, products and gas business, will leave the role on January 1 but remain vice chairman and oversee strategy and business development.

TorontoPublished: October 17, 2026 at 2:31p.m. EDTThe next Lotto Max draw is on Tuesday, Oct. 20, 2026. The largest lottery prize ever offered in Canada is still up for grabs after there were no winners for Friday’s Lotto Max draw. The winning numbers were 01, 11, 13, 36, 41, 43, 51. The next draw for the $90 million Lotto Max will take place on Tuesday, Oct. 20. The jackpot is unchanged, as $90 million is the cap. While no one claimed the jackpot on Friday, the Ontario Lottery and Gaming Corporation said four Maxmillion tickets worth $1 million each were sold in Ontario. Fourteen other tickets won $100,000 each, including seven in the Greater Toronto Area. Tuesday’s draw will also feature 20 Maxmillions prizes worth $1 million each and at least 90 Maxplus prizes worth $100,000 each. How to set CP24 as your preferred source on GoogleHow to set CTV News as your preferred source on Google

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Browse this and many other websites without banner ads, personalized tracking and video ads. Mercedes-AMG is bringing its sports car DNA to the full-size electric SUV segment. The new GT SUV is officially here with up to 1,153 horsepower, a 0-60 mile-per-hour time of 2.4 seconds, and DC fast charging at up to 710 kilowatts.

The Supreme Court of Newfoundland and Labrador has certified a class action on behalf of passengers on board Air Canada Flight AC 2259 which landed hard at Halifax in December of 2025 after the plane’s landing gear collapsed. The flight had taken off from St. John’s International earlier that evening, and officials at YYT later confirmed that debris was found on one of its runways after the flight took off. They wouldn’t say at the time whether the discovery was related to the incident at Halifax. The class action names Air Canada, Provincial Aerospace Ltd, St. John’s International Airport Authority and the Halifax International Airport Authority, all of whom have consented to certification. Stephen Barnes of Bob Buckingham Law says they want to understand what went wrong that night and make sure that passengers have an opportunity to be fairly compensated for what they went through. The case will examine whether the defendants met their responsibilities for aircraft safety, runway safety and emergency response, and whether any failures caused injury or loss to passengers.