Nigeria’s Belemaoil Resumes Operations at OML 55 Oil Block After Three Year Shutdown

• Tuesday, 15th October 2024
• by Doaa Ashraf

Nigerian independent oil producer Belemaoil Producing Ltd. has resumed operations at its Oil Mining Lease 55 (OML 55) after a three-year shutdown, according to Reuters. Belemaoil acquired OML 55 from Chevron Corp in F...

Chevron to Move Its Global Headquarters in California

• Sunday, 26th June 2022
• by Israa Ibrahim

Chevron plans to move its global headquarters to a new leased space in California and sell its current head office in the state, Reuters reported. According to the company, the current real estate market offers us the...

Sonatrach Discusses Partnership with Exxon Mobil

• Tuesday, 1st October 2019
• by Mai El Ghandour

Algeria’s state-owned Sonatrach discussed future partnerships with Exxon Mobil, a Sonatrach statement said on Monday, Reuters reported. The announcement came a week after Sonatrach sat with Chevron Corp., to confer en...

Chad Fined Exxon with $74b

• Monday, 10th October 2016
• by Egypt Oil & Gas

The High Court in Chad has fined Exxon Mobile with $74b for allegedly underpaying royalties for 15 years, Bloomberg Reported. The two other companies named in the case are Chevron Corp. and Malaysia’s state-owned Petr...

Chevron, PetroChina Start Sour Gas Production in Sichuan Basin

• Monday, 11th January 2016
• by Egypt Oil & Gas

Chevron Corp. and PetroChina Co. began long delayed gas production from the Luojiazhai onshore field in China’s southwestern regions of Sichuan and Chongqing, at the end of 2015, with an annual production capacity of ...