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Oil Major Chevron Makes Billions in Spending Cuts Despite Restructuring

2020-12-03 19:05:00| OGI

Chevron's 2021 Permian Basin spending of $2 billion is half of what it planned at the start of 2020 and lower than 2019 levels of $3.6 billion, says Biraj Borkhataria from RBC Capital Markets.

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Chevron and Brightmark Forge Ahead on Four Dairy RNG Projects

2020-12-01 13:12:00| Waste Age

Chevron U.S.A and Brightmark are partnering to build and own projects in multiple states to produce renewable natural gas (RNG) for transportation fuel sourced from biomethane from dairy farms. Chevron will purchase and market the RNG while Brightmar

Tags: projects ahead dairy forge

 
 

New US License Gives Chevron until June 3 to Wind Down Venezuela Operations

2020-11-18 11:22:31| OGI

The U.S. Treasury Department on Nov. 17 issued a new license to Chevron Corp., the last major U.S. oil company still operating in Venezuela, giving it until June 3 to wind down its joint ventures in the OPEC member nation.

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Expro Bags Chevron Contract for Riserless Well Intervention System

2020-11-18 11:00:00| OGI

The five-year contract is for the supply of light well intervention vessel services for the Chevron-operated Gorgon facility.

Tags: system contract bags intervention

 

Exxon Mobil Posts Third Straight Quarterly Loss While Chevron Reports Profit

2020-10-30 14:45:00| OGI

Oil companies last quarter continued to suffer from weak prices for their products, but rivals Chevron, Shell and BP also posted higher-than-expected results after deep cost cuts this year.

Tags: posts reports loss straight

 

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