Chevron | Egypt Oil & Gas - Part 14

Nigeria Triggers Security Alert After Militia Attacks

A major security alert among security formations in the Nine States of the Niger Delta region was triggered following the claim of responsibility by the new renegade Militant group for several attacks on major oil an ...

Chevron to Sell All Gas Stakes in Myanmar

Chevron has put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3, would be the biggest deal involving Myanmar assets to date, financial sources familiar with the matter

Nigeria Talks to Chevron, Total, Eni to Revamp Refineries

Nigeria is in talks with oil majors Chevron, France's Total and Italy's ENI to get help revamping the ailing refineries in Africa's top crude producer, its oil Minister said.

Chevron Cuts Capital Spending Plans for 2016-2018

US energy giant Chevron said it was further cutting spending plans for 2016-2018 to address low oil and natural gas prices that are hammering its profits. The company will also slash 10% of its workforce in 2016.

Chevron’s Mega Gas Project in Australia Starts Production

US Chevron Corporation commenced LNG and condensate production at the $54b Gorgon Project on Barrow Island, located off the northwest coast of Western Australia. Its first cargo is scheduled to be shipped in mid March.

Qatar Purchases Stake in Morocco Offhore Contracts

The Qatari state oil company, Qatar Petroleum, has reached a deal with Chevron to acquire 30% of its stake in offshore drilling areas in Morocco. Irish oil company Circle Oil has announced a new customer for its gas ...

Kuwait to Resume Operations from Oilfields Shared with Saudi

Kuwait's Emir, Sheikh Sabah al-Ahmed al-Sabah, announced that stalled operations and exports from oil fields run jointly with Saudi Arabia would resume soon.

Chevron Increases LNG Sales to China

Chevron signed its second agreement in the past month to sell LNG to China, amid mixed messages about the Chinese economy.

Global Oil&Gas Investments to Fall to Six Year Low in 2016

Global oil and gas investments are expected to fall to $522b in 2016, the lowest in six years, and oil companies plan to cut spending, sell assets, shed jobs, delay or resize projects, renegotiate supply contracts, u ...

Chevron Opens Two Gas Wells in Bangladesh

Chevron Corporation, the US oil and gas giant has started producing natural gas from two new onshore wells in the Bangladeshi Jalalabad gas field with an output of around 90,000mcf/day, and plans to open a third well ...

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