Qatar Petroleum to acquire 30% Chevron's assets in Morocco Feb 9, 2016Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from
Chevron reports fourth quarter loss of $588 million and 2015 earnings of $4.6 billion Feb 1, 2016Chevron Corporation reported a loss of $588 million ($0.31 per share – diluted) for fourth quarter 2015, compared with earnings of $3.5 billion ($1.85 per share – diluted) in the 2014 fourth quarter.
Chevron commences gas production from Chuandongbei project Jan 27, 2016Chevron’s fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of the largest onshore gas projects developed by an international oil company and a national oil company in China.
Chevron and ENN sign Gorgon LNG agreement Jan 20, 2016Chevron Corporation's Australian subsidiaries have signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia.
Neptune awarded Chevron diving contract Jan 15, 2016Neptune has been awarded a marine maintenance diving contract by Chevron Australia Pty Ltd (Chevron) under a recently awarded Master Services Agreement (MSA).
Chevron and China Huadian sign Heads of Agreement for long term LNG supply Dec 22, 2015Chevron Corporation’s wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a non-binding liquefied natural gas (LNG) supply Heads of Agreement (HOA) with China Huadian Green Energy Co., Ltd. When the agreement is finalized, China Huadian Green Energy is expected to receive up to 1 million metric tons per annum (MTPA) of LNG over 10 years starting in 2020.
Supreme Court of Gibraltar awards Chevron $28 million Dec 17, 2015The Supreme Court of Gibraltar has issued a judgment against Amazonia Recovery Ltd., a Gibraltar-based company set up to receive and distribute funds resulting from a fraudulent
Chevron confirms first production from the Moho Bilondo phase 1b development Dec 14, 2015Chevron Corporation confirmed that its subsidiary, Chevron Overseas (Congo) Limited, and partners have started production from the deepwater development Moho Bilondo Phase
Chevron declares $26.6 billion capital and exploratory budget for 2016 Dec 11, 2015Chevron Corporation announced a $26.6 billion capital and exploratory investment program for 2016. Included in the 2016 program are $4.5 billion of planned expenditures by affiliates. The 2016 budget is
Solstad Offshore awarded multiple year agreement for the DLB “Norce Endeavour” Dec 2, 2015Solstad Offshore ASA (SOFF) has executed a multiple-year contract with Chevron Offshore (Thailand) Ltd., Chevron Thailand Exploration and Production, Ltd. and Chevron Pattani, Ltd. (Chevron) in Thailand for its Offshore Installation and Construction program utilizing the Derrick Lay Barge “DLB Norce Endeavour”.
Fluor project for Chevron awarded Project Management Institute’s 2015 Project of the Year Nov 20, 2015Fluor Corporation says that the Project Management Institute has selected Chevron’s El Segundo Refinery Coke Drum Reliability Project as its 2015 Project of the Year.
Chevron announces first production from the Lianzi development Nov 3, 2015Chevron Corporation announced that its subsidiary, Chevron Overseas (Congo) Limited, has commenced oil and gas production from the Lianzi Field,
Chevron announces successful appraisal of Anchor Discovery in the Deepwater GoM Oct 30, 2015Chevron Corporation announced the successful appraisal of the Anchor discovery in the Lower Tertiary Wilcox Trend.
Chevron Corporation makes senior management changes Oct 29, 2015Chevron Corporation says that two of its top executives will assume new roles effective Jan. 1, 2016. Michael Wirth will become executive vice president for Midstream
Chevron's Taro Special HT 100 gains NOL for Wärtsilä engines Oct 12, 2015Chevron Marine Lubricants’ 100BN cylinder oil, Taro Special HT 100, offers ship owners the ability to meet the latest emissions standards, and has now received