Chevron | Egypt Oil & Gas - Part 14

Chevron’s Profits Down, Complications with Concessions

After posting higher profits than any other oil major last year, Chevron’s stock has badly slipped in 2015—down more than 30%,

Chevron Boosts Efficiency Even as Profits Slide

For Chevron Corp., a dollar spent in the Permian Basin can get 35 percent more oil out of the ground than it could last year, as drilling costs have fallen and as the company works faster on more fertile wells.

Bapco Refinery Department Wins Chevron Certificate

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

Wafra Field to Remain Shut Down Till Further Notice

An jointly-operated onshore oilfield between Saudi Arabia and Kuwait will remain shut until difficulties to operate there are resolved

Chevron Wants to Share $1 Billion in South Africa Refinery Updates

South Africa, which sets gasoline prices that fuel producers can charge, needs to ensure companies can recover the cost of upgrading their facilities to handle cleaner fuels, Chevron Corp.’s local unit said.

Chevron Al Khalij Maintaining Motor Performance for GCC States

Chevron Al Khalij said its premium range of motor oils under the Caltex Havoline brand is now being manufactured in the UAE.

South Korean Company Wins 40-Year Abu Dhabi Concession

South Korea's GS Energy said on Wednesday it had agreed to buy a stake worth 743 billion Korean won ($676 million) in a new 40-year onshore oil concession in Abu Dhabi, the latest move by import-dependent Asian count ...

Unresolved Disputes Lead to Shutdown of Wafra Oilfield

A jointly operated onshore oilfield between Saudi Arabia and Kuwait will shut for maintenance, a move apparently aimed at giving the Gulf OPEC allies more time to solve a long-standing dispute.

Kuwait Problems Prompt Saudi Chevron Unit Shutdown in Neutral Zone

A Saudi Arabian unit of U.S. oil major Chevron has told its Kuwaiti partner it plans to shut down an oilfield jointly operated between the two Gulf OPEC countries next month over long-standing disputes, three industr ...

China Offshore Corp’s Qinhuangdao Begins Production

CNOOC Limited has announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production.

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