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Chevron announces oil discovery in deepwater US Gulf of Mexico

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Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. Chevron, with a 43.75% working interest in the prospect, was the operator of the Moccasin discovery well. Chevron is one of the largest leaseholders in the Gulf of Mexico and is currently developing the $7.5

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Consolidated bioprocessing company Aemetis licenses plant oil hydroprocessing technology from Chevron Lummus Global for renewable jet and diesel

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CLG is a completely integrated source for hydroprocessing technologies, catalysts, reactor internals and engineering and is a 50-50 joint venture between Chevron Products Company, a wholly owned subsidiary of Chevron Corporation, and Lummus Technology Inc., Aemetis, Inc., a CBI Company. Earlier post.)

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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Chevron Corporation announced a $32.7 Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. The Wheatstone LNG project was sanctioned in September 2011 and is entering its first year of construction. First production is expected in 2016.

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California Air Resources Board issues nearly $1M in fines for failures to report GHG emission

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The California Air Resources Board announced nearly $1 million in penalties against 3 companies for late or inaccurate reporting of their greenhouse gas emissions for 2011. The assessed penalties are as follows: Chevron USA Inc. will pay $364,500 for reporting incorrect information regarding operations at its El Segundo Refinery.

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KiOR signs second offtake agreement for renewable gasoline and diesel blendstocks

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The companies have also signed a Testing and Optimization Agreement to optimize the compatibility of KiOR’s blendstocks with Chevron’s facilities. This is the second offtake agreement KiOR has signed for its Columbus, MS, facility, having announced an agreement with Hunt Refining Company in March of 2011. Earlier post.)

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Shell Starts Up 100K Barrel per Day Expansion in the Canadian Oil Sands

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Construction for an expansion of the Scotford Upgrader is underway, and will come on-stream in 2011. Once the Upgrader expansion is online early next year production will rise towards capacity over 2011. — Marvin Odum, Shell Upstream Americas Director and President of Shell Oil Company.

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UT Austin team and partners report on extensive measurements of methane emissions during natural gas production

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Because of this equipment, methane emissions from well completions are 97% lower than calendar year 2011 national emission estimates, released by the Environmental Protection Agency (EPA) in April 2013. — Dan Grossman , Regional Director for EDF’s Rocky Mountain Regional Office in Boulder.

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