2016, Angola, Cleaner and Power

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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

DECEMBER 8, 2011

Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. First production is expected in 2016. Angola: Angola LNG and development of Mafumeira Sul. Spending of $28.5 The project has already awarded $6 billion in contracts. Canada: Hebron offshore development.

Chevron

Chevron 2012 Angola Saudi Arabia

INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

JANUARY 13, 2012

First production is expected at the end of 2016. Ichthys will provide a long-term stable supply of cleaner energy to. Total Gas & Power Limited, the gas trading subsidiary of Total, will also purchase 0.9 Japan, and help Japan diversify its energy sources. —INPEX Chairman Naoki Kuroda.

Australia

Australia United Arab Emirates Yemen Angola

EV Driven

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

INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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