Friday 29 July 2016
 
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Chevron

Big oil’s $45bn new projects signal spending revival

Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.

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Chevron Corp bets $37bn on expansion as oil rises, costs fall

Chevron Corp. will go ahead with a $36.8 billion expansion of the Tengiz oil project in Kazakhstan as crude’s recovery to near $50 a barrel and a steep drop in costs allows explorers to ramp up. The company and its partners

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Exxon, Chevron earnings slide on low oil prices

Exxon Mobil Corp and Chevron Corp on Friday reported their most dismal quarterly results in more than a decade on low oil prices and an oversupplied fuel market that hurt what had been lucrative refining margins. As crude prices s

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Chevron to sell Hawaii refinery to PE group

Chevron Corp has signed an agreement to sell its Hawaii refinery to private equity firm One Rock Capital Partners, ending a more-than six year quest to sell an asset not considered core to its business. Terms of the deal were not

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Chevron Gorgon LNG plant halts exports due to mechanical problems

Chevron's massive Gorgon liquefied natural gas (LNG) facility in Australia has hit technical difficulties, a spokesman said, resulting in a temporary suspension of exports less than a month after it started first production. &

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QP to acquire 30pc interest in offshore blocks in Morocco

Qatar Petroleum (QP) has signed a deal with Chevron Morocco Exploration, to acquire 30 per cent participating interest in three deep-water offshore leases in Morocco, according to a report.   QP will acquired 30

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Chevron to dispose of 75pc of South African business

US oil major Chevron said on Thursday it plans to sell 75 per cent of its South African business unit which includes a 110,000 barrel a day refinery in Cape Town. Chevron is a leading refiner and marketer of petroleum products in

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Bapco’s refinery lab gets key Chevron honour

Bahrain Petroleum Company’s (Bapco) Technical Services Department (TSD) Refinery Laboratory has been awarded a Certificate of Merit by Chevron Global Lubricants as part of a worldwide crosscheck testing programme, it announced.

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Chevron Al Khalij manufactures motor oils in UAE

Chevron Al Khalij said its premium range of motor oils under the Caltex Havoline brand is now being manufactured in the UAE. The plant utilises global formulations to ensure continued consistency and reliability in the quality and

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Chevron Al Khalij manufactures motor oils in UAE

Chevron Al Khalij said its premium range of motor oils under the Caltex Havoline brand is now being manufactured in the UAE. The plant utilises global formulations to ensure continued consistency and reliability in the quality and

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