Chevron Chief Executive Michael Wirth on Tuesday rebutted White House officials’ criticism of the oil industry over energy costs, saying reducing fuel prices will require “a change in approach” by the government.
Wood has signed a 10-year master services agreement with Chevron for engineering and project-related services
International integrated companies – such as Exxon Mobil Corp. and Chevron – reported strong first quarter earnings as did international service companies Schlumberger and Halliburton.
Among the world’s many oil-producing countries, a few are positioned to jump the list and become increasingly active. They include the West African nation of Ghana, along with Guyana and Suriname, two small adjoining countries on the north Atlantic coast of South America.
Cabinda Gulf Oil Company (CABGOC), the Angolan affiliate of Chevron, has signed a deal to extend its Block 0 offshore licence by 20 years to 2050.