Archive for the ‘Chevron Corp’ Category
OGJ Newsletter
February 8th, 2016 by Latest News
International news for oil and gas professionals
Chevron Corp. reported third-quarter earnings of $2 billion, down from $5.6 billion in third-quarter 2014. The sharp decrease in earnings and budget cuts will result in the reduction of 6,000-7,000 jobs, the company said.
Chevron settles with California litigation firm over Ecuadorian lawsuit
September 28th, 2015 by Latest News
Chevron Corp. has reached a settlement agreement whereby H5, a California-based e-discovery and litigation services firm, has withdrawn its support from litigation against Chevron in Ecuador and assigned its 1.25% interest in the $9.5-billion Ecuadoria…
Fundamental business conditions for integrated oil and gas companies will worsen before signs of improvement appear late next year, according to a Moody’s Investors Service assessment based on reduced expectations for crude oil and natural gas prices.
Oman Oil Refineries & Petroleum Industries Co. (ORPIC) has completed installation of a hydrocracker as part of the company’s long-planned Sohar Refinery Improvement Project (SRIP), a multibillion dollar modernization program that includes major tec…
A difficult year thus far for the integrated, multinational oil and gas firms caused by low oil prices has been somewhat eased by improved production and better refining margins. However, overall earnings and spending are down, and in the case of Royal…
La Jolla Conference: Mexican energy reform a ‘telenovela,’ panelist says
June 1st, 2015 by Latest News
Energy reform in Mexico is a telenovela wherein stories of intrigue and suspense will arise, but in the end, everything will turn out okay, opined Duncan Wood, director of the Mexico Institute at the Woodrow Wilson International Center for Scholars, du…
A California superior court has cleared the way for Chevron Corp. to proceed without further delay in executing its long-planned, $1-billion project to modernize operations at the company’s 257,000-b/d refinery in Richmond, Calif.
EnLink Midstream made two acquisitions early this year to give it a position in the Permian basin. An EnLink subsidiary said it would buy LPC Crude Oil Marketing LLC, and then days later, EnLink agreed to acquire Coronado Midstream Holdings LLC, which …