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Tag: Chevron

Chevron Office Closes in Azerbaijan

Chevron, one of the largest energy companies in the United States and the world, is closing its office in Azerbaijan. This was reported in the…

U.S. Upstream Oil Mergers Still Slow Despite Chevron, Devon Deals

Despite two big corporate transactions in the third quarter, the number of U.S. upstream oil and gas deals was tied with the first quarter for…

Chevron earns California tax credits using solar power to pump oil

CALGARY (Bloomberg) –In California’s sun-drenched Kern Valley, Chevron Corp. has found a way to use one of the state’s clean-energy programs to cut the cost…

Record High U.S. Crude Inventories Threaten Oil Rally

Anyone connected or exposed to the dynamics of the oil price must be wondering if the recovery in the oil price is sustainable and, indeed,…

Karachaganak consortium to pay Kazakhstan above $1bn

Kazakh Government and Karachaganak project shareholders reached a deal on disagreements, the Kazakh Energy Ministry’s press service reports.  Today the Kazakh Government represented by the…

Equinor acquires a 40% stake in the Rosebank project

Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental…

Azerbaijan gets first bonus on new ACG agreement in late January

Foreign investors on the new agreement on the “Azeri-Chirag-Gunashli” fields block in the Azerbaijani sector of the Caspian Sea will pay the first part of the bonus amount…

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