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Chevron Aims For $39.8 Billion Budget For 2014
2013-12-12 18:10:00| OGI
The company plans to trim capital spending by 5.2% to $39.8 billion next year amid rising labor costs, increased drilling outlay and currency fluctuations from Canada to Iraq.
Tags: budget
billion
aims
chevron
Chevron, PGNiG join forces on shale gas exploration in Poland
2013-12-12 09:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: US energy giant Chevron on Thursday signed a preliminary agreement with Poland's PGNiG to join forces on shale gas exploration in southern Poland, the firms said. "Both parties could profit from sharing the exploration risk and from reduced costs, including the potential cost of developing the reserves," PGNiG acting CEO Jerzy Kurella said in a joint statement. The announcement comes weeks after Poland said it would begin commercial production of shale gas next year, making it the first European...
Chevron halts Romania shale work after protest
2013-12-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: U.S. oil major Chevron halted exploration works for shale gas in eastern Romania for the second time in two months on Saturday after anti-fracking protesters broke through wire mesh fences around the site. Thousands of people have rallied across Romania in recent months to protest against government support for shale gas exploration and separate plans to set up Europe's largest open cast gold mine in a small Carpathian town. The U.S. Energy Information Administration estimates Romania could...
Tags: work
romania
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chevron
Chevron resumes shale work in Romania despite protests
2013-12-08 11:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Chevron on Sunday said it has resumed activities to build its first shale gas exploration well in Romania, a day after protests forced the US energy giant to suspend work. "Chevron can confirm that it has resumed activities in Pungesti commune," in northeastern Romania, the company said in a statement. On Saturday, hundreds of protesters, mainly villagers from Pungesti, broke through wire mesh fences around Chevron's site to protest against its plans to drill for shale gas. Chevron was forced...
Tags: work
romania
resumes
protests
Chevron suspends shale gas exploration in Romania
2013-12-07 23:13:56| Energy - Topix.net
Chevron won approval to drill exploratory wells in the town of Pungesti, but halted work for a second time Saturday after residents blocked access to the site.
Tags: gas
romania
exploration
chevron
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