Saturday, August 2, 2025

Chevron Approves $37 Billion Expansion in Kazakhstan

Chevron gives Tengiz Expansion in Kazakhstan the green-light, taking advantage of lower drilling prices Chevron Corporation (ticker: CVX) announced the first oil and gas investment to exceed $10 billion in 2016 with its decision to go ahead with an expansion on the Tengiz project in Kazakhstan. According to the company’s press release, Chevron and its partners plan to invest roughly

Energy PE Firm HitecVision, Oman's Petrogas to Buy UK oilfields for $635 Million -Oil & Gas 360

Noble Sells 3% Interest in Tamar for $369 Million, Plans to Drill New Well

Noble sells down its working interest in Tamar field as part of Israel’s approved natural gas regulatory framework Noble Energy (ticker: NBL) announced the sale of a 3% working interest in the Tamar field offshore Israel today for $369 million, which gives Tamar a gross pre-tax valuation of approximately $12 billion. Noble sold the working interest in the project to

Encana - Oil & Gas 360

Encana, CPP, Broe $900 Million DJ Asset Deal Comes Up for Air

Encana, Crestone, Canadian Pension Plan, Broe Say Sale of Encana’s DJ Basin Assets will Close by the End of July  In a jointly-sourced news release dated June 30, 2016, Encana Corporation (ticker: ECA), Crestone Peak Resources, which is 95 percent owned by Canada Pension Plan Investment Board and five percent by The Broe Group, said that Encana Oil & Gas (USA) Inc., expects