Chevron | Egypt Oil & Gas - Part 18

Chevron’s Gas Reserves Slip After Chad Asset Sale

Chevron Corp, the second-largest U.S.-based oil producer, said on Friday its oil and natural gas reserves fell 1 percent last year largely due to the sale of its stake in a Chad oil field. The company had proved reser...

Chevron Allocates $35 Billion for 2015 Capital and Investment Program

Chevron Corp. will allocate $35 billion in its capital and exploratory investment program for 2015, including $4 billion of planned expenditures by affiliates that do not require cash outlays by Chevron. Total upstrea...

Chevron in Australian Gas Trading Agreement

Chevron Corporation yesterday  announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading...

Chevron Makes Another Oil Discovery in Gulf of Mexico

Chevron has made an oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. The Green Canyon block 807 Well No. 2 encountered oil pay in multiple Lower Tertiary Wilcox Sands. The well, spudded in Augu...

Chevron Signs Agreement for Exploration Areas Offshore Morocco

Chevron Corporation announced that its subsidiary, Chevron Morocco Exploration Ltd,  signed petroleum agreements with Morocco’s Office National Des Hydrocarbures Et Des Mines for three offshore areas. “We ...

Chevron confirms Kurdistan purchase, sees “promise” there

Chevron Corp confirmed on Thursday its purchase of 80 percent of two blocks in Iraq’s Kurdistan, where the second-largest U.S. oil company sees “considerable promise” despite active diplomatic disput...

Chevron finds leak in offshore Petrobras oil field

U.S. oil company Chevron discovered an oil seep in an offshore Brazilian oil field run by Petrobras near the site of a November leak that led to civil and criminal charges and sparked concerns about some of the world&...

PdVSA Confirms $2B Credit Line Plan with Chevron

Venezuelan state oil monopoly Petroleos de Venezuela, or PdVSA, is in the finishing stages of preparing a $2 billion credit line deal with U.S. oil major Chevron Corp. which will be used to raise output at one of the ...

Chevron to face charges over Brazil spill

A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a Novembe...

Chevron Confirms Fire Incident on Rig Offshore Nigeria

Chevron Corporation reports that its subsidiary, Chevron Nigeria Limited, is working to contain a fire that ignited early this morning aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE Drillin...

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