Chevron Corporation (NYSE: CVX) on December 11 announced a $39.8 billion capital and exploratory investment program for 2014. Included in the 2014 program are $4.8 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron.
At the request of the Norwegian Ministry of Petroleum and Energy (MPE), the industry, via the Norwegian Oil and Gas Association, has taken the initiative to jointly acquire seismic 3D data from the blocks in the southeastern Barents Sea that will be announced in the 23rd
US oil and gas company Chevron announced on December 8 that it is resuming operations on its first shale gas exploration well in Romania despite the mass protests against the project, the Bulgarian news agency Novinite.com reported on December 9.
Oil and gas company Chevron has re-started its exploration operations for shale gas in North – Eastern Romania, at Pungesti, around a month after pulling their equipment from the site in the face of local protests, Romania-insider.com reported on December 2.
The Orinoco Oil Belt (OOB), a vast territory of 35,314 square kilometers without public service utilities or industrial facilities, remains a challenge for the takeoff of early production in new oil developments undertaken by Pdvsa and domestic and foreign partners, name
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking to buy a stake in US supermajor Chevron's $4.3 billion Block B gas project in Vietnam, the Indian newspaper Business Standard reported on November 24.
US oil giant Chevron has warned it may not be economically viable to proceed with a planned $10bn North Sea oil project, in a blow to hopes of a revival in the region, The Telegraph reported on November 22.
Chevron Corporation (NYSE: CVX) confirmed on November 12 that its Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil.
According to a production sharing agreement with the US Chevron, Ukraine will receive 30% of the shale gas to be produced at the Olesskaya field in the west of the country, Ukrainian Energy Minister Eduard Stavytsky has said.
Thanks to foreign investment Ukraine will increase the production of country’s energy resources and will strengthen country’s energy independence, Itar-Tass reported on November 5.