A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years and the first test of demand for investment since the Russian invasion of Ukraine.
Government agencies are on alert for a potential oil spill from the floating storage and offloading (FSO) vessel deployed on US supermajor Chevron’s Benchamas field offshore Thailand following an onboard accident that left one worker dead.
Italy’s Eni could take over Chevron’s stake in and operatorship of the Indonesia Deepwater Development (IDD) gas project by mid-2023, a senior Indonesian energy ministry official said on Tuesday.
Chevron has made a “significant” gas discovery offshore Egypt that is set to be fast-tracked to production via existing infrastructure.
Shell Plc, ExxonMobil Corporation, Chevron Corporation, and Equinor ASA have said they will withdraw their lawsuits of about $3 billion, against the Nigerian National Petroleum Company (NNPC) Limited.
It is immoral for oil and gas companies to be making record profits from this energy crisis on the backs of the poorest people and communities
This is Angola’s first non-associated gas development project and involves two wellhead platforms, an onshore gas processing plant and a connection to the Angola LNG plant at Soyo where gas will be converted into liquefied natural gas and condensates marketed separately.
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.