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Chevron and MOECO to collaborate on Advanced Closed Loop geothermal technology

Green Car Congress

Chevron New Energies, and Mitsui Oil Exploration (MOECO) signed a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan. Chevron and MOECO share a goal of delivering lower carbon energy solutions, while meeting the need for reliable, affordable energy.

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Chevron approves next major Tengiz expansion project in Kazakhstan

Green Car Congress

Chevron Corporation announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day. billion, which includes $27.1

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Chevron, Statoil and Repsol conclude agreements for exploration offshore Atlantic Canada

Green Car Congress

Chevron Canada Limited, Statoil Canada Ltd. In a farm-out arrangement, Repsol and Statoil will be participants in a planned 2012 Orphan Basin exploration well, offshore Newfoundland and Labrador (NL) on Exploration Licence 1074R (604,000 hectares). Chevron will be the operator with 65% equity interest. Flemish Pass Basin.

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Chevron announces successful test well at deepwater St. Malo in Gulf of Mexico

Green Car Congress

Chevron Corporation announced that it had conducted a successful production test on the St. Chevron’s Jack/St. The test, in Walker Ridge Block 678, targeted Lower Tertiary sands more than 20,000 feet (6,096 m) under the sea floor and was conducted during August and September 2012. Chevron has a working interest of 51% in the St.

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

Green Car Congress

Chevron Corporation announced a $32.7 billion capital and exploratory spending program for 2012. Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. Global exploration funding is expected to be $3 billion in 2012. Downstream.

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Chevron, YPF sign to develop Vaca Muerta Shale; initial outlays of $1.2B

Green Car Congress

A subsidiary of Chevron Corporation signed an agreement with affiliates of the Argentine oil company YPF S.A. Chevron Argentina currently produces an average of 21,000 barrels of crude oil and 4 million cubic feet of natural gas in the Neuquén Basin, where it holds operated interests ranging from 18.8 Earlier post.) Earlier post.).

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Chevron, BP and ConocoPhillips partner to explore 24 leases in Paleogene trend in deepwater Gulf of Mexico

Green Car Congress

Chevron Corporation’s subsidiary, Chevron USA will now work with BP Exploration and Production Inc. (BP) Chevron has acquired an interest in Tiber and Gila from BP. Chevron, BP and ConocoPhillips already held interests in the Gibson prospect. Malo project.

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