Chevron Corporation announced that its wholly owned subsidiary, PT. Chevron Pacific Indonesia, has started producing crude oil from the North Duri Field Area 12 in Indonesia, where Chevron produces nearly half the nation’s crude oil.
First oil was achieved on Nov. 14, 2008, and production is projected to increase to 34,000 barrels of crude oil per [...]
Chevron Corporation announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell 100 percent of its shareholdings in Chevron Kenya Limited and Chevron Uganda Limited to Total Outre Mer S.A (Total). Under the terms of the sales, Total is to acquire Chevron’s marketing businesses in both countries. Chevron Kenya Limited and Chevron Uganda [...]
Chevron Corporation announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell Chevron Nigeria Holdings Limited to Corlay Global S.A, a Panamanian company owned by an African-based consortium composed of MRS Holdings Limited and Petroci Holdings. Chevron Nigeria Holdings Ltd. is a Bermudan company that holds 60 percent of the issued shares of [...]
Chevron Corporation, the government of Indonesia, the local government of Aceh province, the National Education Department, the Rehabilitation and Reconstruction Agency for Aceh and Nias, and the United States Agency for International Development (USAID) today announced the completion of a $16 million partnership to construct a polytechnic institute in Aceh province, Indonesia.
Chevron committed $6 million [...]
Chevron Corporation announced that it has submitted an environmental permit application to the Mississippi Department of Environmental Quality for the construction of a premium base oil facility at the company’s Pascagoula refinery. The facility is expected to produce approximately 25,000 barrels per day of premium base oil for use in manufacturing high-performance lubricants, such as [...]
Chevron Canada Limited, a wholly owned subsidiary of Chevron Corporation, today announced on behalf of itself and its co-venturers the completion of legal agreements with the Government of Newfoundland and Labrador to develop the Hebron heavy oil project offshore the East Coast of Canada.
The Hebron field is located 340 km offshore the province of Newfoundland [...]
Indonesia has denied that it will set a quota for coal exports as it wants to reserve the coal for future use.
The reports had prompted rising interest in the country’s natural resources from energy-hungry China and India.
The reports were baseless and the new mining law likely to be passed by Parliament by June would in [...]
The southwestern United States is especially vulnerable to global warming, but the region can help stop climate change by forgoing new coal-fired power plants in favor of conservation measures and renewable energy, according to a new study.
If more than a dozen new coal plants planned in Colorado, Arizona, Nevada, [...]
Switzerland was shaken by the fourth earthquake in two months linked to geothermal drilling in Basel, the country’s third-largest city, the Swiss Seismological Service said. No injuries or damage was reported.
The epicenter of the 5 a.m. quake was a 5-kilometer-deep (3- mile) borehole drilled in the Kleinhueningen district of Basel in northern Switzerland that borders [...]
Switzerland was shaken by the fourth earthquake in two months linked to geothermal drilling in Basel, the country’s third-largest city, the Swiss Seismological Service said. No injuries or damage was reported.
The epicenter of the 5 a.m. quake was a 5-kilometer-deep (3- mile) borehole drilled in the Kleinhueningen district of Basel in northern Switzerland that borders [...]
