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Tag: chevron
Chevron equipment loss in rough seas challenges growth plan
2015-06-03 06:27:42| Oil & Gas - Topix.net
Chevron indefinitely delayed a $5.1 billion oil development in the U.S. Gulf of Mexico after an equipment failure, casting doubt on the company's ability to meet its target of 20 percent output growth by the end of 2017. Some of the cables needed to tether a floating platform to the seafloor sank between May 29 and May 31, the San Ramon-based company said in a statement Monday.
Tags: plan
equipment
loss
growth
Fatal Chevron gas well explosion leads to record fine in Penn.
2015-06-03 01:15:03| Oil & Gas - Topix.net
Oil and natural gas producer Chevron Corp paid a $939,553 fine for a fatal 2014 explosion at one its Pennsylvania gas wells that state officials on Tuesday said may be the largest amount paid for a single incident. The fine reflected the state Department of Environmental Protection's assessment that the No.
Chevron to shift deepwater Big Foot TLP platform due to subsea tendon damage
2015-06-03 01:00:00| Offshore Technology
Chevron has announced plans to shift its deepwater Big Foot tension-leg platform (TLP) from its existing location in the US Gulf of Mexico to more sheltered waters due to a damage caused to subsea installation tendons.
Z Energy in major fuels expansion with $NZ785m Chevron NZ purchase
2015-06-02 03:41:16| Energy - Topix.net
New Zealand petrol service station owner Z Energy has sealed a $NZ785 million deal to buy US major Chevron's local chain of Caltex-branded stations in a move that will give the local player almost half the country's transport fuel market. In a deal first revealed by The Australian Financial Review 's Street Talk online on Monday, Z Energy is buying 100 per cent of Chevron New Zealand, in a transaction that will include all its remaining downstream interests.
Tags: major
purchase
energy
expansion
Chevron fuels talk of sell-off
2015-06-02 00:13:29| Oil & Gas - Topix.net
Z Energy spokesman Jonathan Hill said the rumours were "nothing new", particularly given Chevron's recent exit from Caltex Australia. Speculation is building that American oil giant Chevron may offload its Caltex New Zealand service station assets after the sale of its stake in the Marsden Point refinery.
Tags: talk
fuels
chevron
selloff
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