Post Tagged with: "chevron"

Chevron Australia Pulls Plug on Bight Exploration

Chevron Australia Pulls Plug on Bight Exploration

Chevron no-go decision for offshore project was a commercial decision

Chevron Corporation’s (ticker: CVX) Australia subsidiary Chevron Australia has announced the decision to discontinue the Great Australian Bight exploration program.

Chevron Australia’s affiliates acquired two deepwater exploration blocks in the …

With Big Players Come Big Rig Counts: XOM, COP, CVX Report Q2

With Big Players Come Big Rig Counts: XOM, COP, CVX Report Q2

In the past two days ExxonMobil Corporation (ticker: XOM), Chevron Corporation (ticker: CVX), and ConocoPhillips (ticker: COP) all reported second quarter earnings and gave operational updates.

ExxonMobil

ExxonMobil earned $3.4 billion in Q2, which brought the company’s earnings for the …

Canadian Natural Resources Raises $527 Million with Cold Lake Pipeline Sale

Canadian Natural Resources Pays Shell, Marathon $8.24 Billion

 CNQ finalizes acquisition of 70% of Athabasca Oil Sands Project

Canadian Natural Resources Limited (ticker: CNQ) announced today that it has completed the acquisition of 70% of the Athabasca Oil Sands Project.

The remaining 30% of the working interest is …

Anadarko, Chevron, Plains All American Top List of Best U.S. Oil & Gas Employers: Indeed

Anadarko, Chevron, Plains All American Top List of Best U.S. Oil & Gas Employers: Indeed

Indeed releases its ‘Best Places to Work’ rankings

International employment website Indeed serves more than 200 million people each month who are searching for jobs, posting resumes, and researching companies in 60 countries.

According to Indeed’s research, visitors who were …

Chevron announces $20 Billion Capex in 2017

Chevron announces $20 Billion Capex in 2017

70% of planned upstream projects will generate production in 2 years

California-based Chevron Corp. (ticker: CVX) announced its 2017 capital budget Wednesday.

The company will cut its capex spending for the fourth consecutive year as it focuses on short-cycle, high-return …

Chevron, Exxon, and ConocoPhillips Remain Focused on U.S. Onshore, LNG

Chevron, Exxon, and ConocoPhillips Remain Focused on U.S. Onshore, LNG

Q2 proves to be a disappointing quarter for majors like Chevron, ExxonMobil and ConocoPhillips in terms of earnings, but the companies remain focused on the future

U.S.-based oil and gas majors Chevron (ticker: CVX), ExxonMobil (ticker: XOM), and ConocoPhillips (ticker: …

Source: XOM

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 …

Chevron Reports its First Quarter 2016 Results

Chevron Reports its First Quarter 2016 Results

Chevron Reports First Quarter Loss of $725 Million

Chevron Corporation (NYSE:CVX) today reported a loss of $725 million ($0.39 per share – diluted) for first quarter 2016, compared with earnings of $2.6 billion ($1.37 per share – diluted) in the

Chevron Looking for Buyer for $1.3 Billion in Non-Core Assets

Chevron Looking for Buyer for $1.3 Billion in Non-Core Assets

Chevron’s sale would be the largest M&A transaction in the history of Myanmar

U.S. oil and gas major Chevron (ticker: CVX) hopes to sell its gas block stake in Myanmar for an estimated $1.3 billion, according to reports from Reuters

Gorgon LNG Ramps up Production

Gorgon LNG Ramps up Production

The Chevron-led project expects first cargo next week.

Chevron (ticker: CVX, Chevron.com) announced that its Gorgon LNG project has begun liquefaction of natural gas on Barrow Island off the northwest coast of Western Australia, with the expectation that the …

March 8, 2016 - 5:09 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Sabine Pass and Gorgon LNG Prepare for First Shipments

Sabine Pass and Gorgon LNG Prepare for First Shipments

Cheniere expects first LNG cargo in the coming weeks from Sabine Pass

Cheniere Energy (ticker: LNG, Cheniere.com) expects to load the first shipment of liquefied natural gas for export from the U.S. in the coming days. A LNG tanker …

Chevron: Commodity Slide Delivers Q4’15 Loss

Chevron: Commodity Slide Delivers Q4’15 Loss

CVX Expects Spending to Wind Down through 2018

The oil and gas industry is not expecting Q4’15 earnings season to be pretty, but not many expected Chevron (ticker: CVX, chevron.com), one of the world’s largest integrated oil companies, to …

Oil Major Chevron Announces $26.6 Billion Capital Budget for 2016

Oil Major Chevron Announces $26.6 Billion Capital Budget for 2016

Will spend 24% less than in 2015; dividends are ‘No. 1 priority’

Chevron Corp. (ticker: CVX), the second-largest energy company in the U.S. by revenue, announced its capital budget for 2016, saying it plans to spend 24% less than it …

Downstream Offers Integrated Majors a Ray of Sunshine Amid Stormy Second Quarter

Downstream Offers Integrated Majors a Ray of Sunshine Amid Stormy Second Quarter

International oil majors were burned but also warmed by low oil prices in Q2; and their new projects are moving forward

The second quarter has been tough for international oil majors like ExxonMobil (ticker: XOM), Chevron (ticker: CVX) and Royal …

MarkWest to Provide Services for Cimarex and Chevron in the Permian

MarkWest to Provide Services for Cimarex and Chevron in the Permian

MarkWest Energy Partners Announces New Commercial Agreements to Provide Processing Services for Cimarex and Chevron in the Permian Basin

MarkWest Energy Partners, L.P. (MWE) (“MarkWest”) announced today the completion of long-term, fee-based agreements to support producer development in …

June 2, 2015 - 6:14 pm MLPs
Chevron Moves Forward on Divesture Goal, Exits Australia Shareholding Venture

Chevron Moves Forward on Divesture Goal, Exits Australia Shareholding Venture

Chevron Corporation (ticker: CVX), the world’s third largest E&P by market capitalization, is selling its 50% shareholding in Caltex Australia Limited. The deal is reportedly worth about US$3.6 billion, according to the Sydney Morning Times Herald, and is the biggest …

Oil Majors Expanding Offshore Operations in Myanmar

Oil Majors Expanding Offshore Operations in Myanmar

Chevron signed a production sharing contract in its 2.6 million acre A5 block offshore Myanmar

Chevron Corp. (ticker: CVX) has signed a production sharing contract (PSC) with Myanma Oil & Gas Enterprise (MOGE) to explore oil and gas in the …

March 25, 2015 - 6:13 pm International, Offshore, Oil and Gas 360 Articles
Few Surprises at Chevron Analyst Day

Few Surprises at Chevron Analyst Day

Analysts say Chevron is on track with expectations

Chevron (ticker: CVX) held its analyst day this day, with analysts saying that Chevron is on track to meet expectations. The company released its 2015 budget ahead of this week’s analyst meeting, …

March 12, 2015 - 12:05 pm Oil and Gas 360 Articles
Chevron Announces Gulf of Mexico Find

Chevron Announces Gulf of Mexico Find

Chevron Corporation (ticker: CVX) has announced a “significant” oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico.

The Anchor #2 Well, which is located in Green Canyon Block 807, was drilled to a total depth of …

Chevron Cancels Shale Gas Deal in Ukraine

Chevron Cancels Shale Gas Deal in Ukraine

Chevron (ticker: CVX) has terminated its contract with Ukraine to extract shale gas in the western part of the country. The world’s third largest oil company by market cap spent more than a year to get the government to simplify …

December 15, 2014 - 6:52 pm International, Oil and Gas 360 Articles
Chevron Announces First Oil from Offshore Project

Chevron Announces First Oil from Offshore Project

Chevron Corporation (ticker: CVX) announced this week that crude oil and natural gas production has begun at the Jack and St. Malo offshore project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. Jack/St. Malo was delivered on time …

December 5, 2014 - 7:02 pm Offshore, Oil and Gas 360 Articles
Supermajors Prepare for New Oil Frontier by Centralizing Budgets, Focus

Supermajors Prepare for New Oil Frontier by Centralizing Budgets, Focus

Dozens, even hundreds of E&Ps and service providers in the oil and gas industry have recently announced intentions to dial back expenditures in 2015. Supermajors like Shell (NYSE: RDSB) and ExxonMobil (NYSE: XOM), on the other hand, both pledged to …