Iraqi Oil Minister: Chevron, Total Interested in Acquiring Stake in Majnoon
Chevron and Total have expressed interest in taking over Royal Dutch Shell’s operations at the Majnoon oilfield.
Chevron | Egypt Oil & Gas - Part 12
Sinopec Close to Buy Chevron’s Oil Assets in S Africa
China Petroleum and Chemical Corp. (Sinopec) is nearing a deal to buy Chevron's South African oil assets for up to $1b to secure its first major refinery on the continent.
Chevron Starts Production at Angola’s Mafumeira Sul
Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola.
Qatar Petroleum to Explore Offshore Morocco
Qatar Petroleum has obtained the licensing to prospect for oil and gas in Morocco's southern costs.
Iraq to Boost Oil Exports to China
Iraq will sell more crude oil to its biggest customer, China’s Unipec, just before production cuts agreed with OPEC and other producers are scheduled to kick in.
Nigeria Reaches $5.1b Debt Deal with Oil Majors
Nigeria has reached a $5.1b settlement to reimburse foreign oil companies, including Exxon Mobil Corp. and Royal Dutch Shell Plc, for past operating costs.
Mafumeira Sul field Began Oil Output
Angolan state oil company Sonangol and its partners including oil major Chevron have started production at the Mafumeira Sul oil field with an initial output of 10,000b/d.
Nigeria, IOCs Settled for $5b
Nigeria has reached a $5b outline settlement with five oil majors to cover outstanding payments for joint exploration and production.
Chevron to Sell African Assets
Total, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a 110,000b/d refinery in Cape Town.
