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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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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.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. percent in 2016. in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing.

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New Award Recognizes IEEE Society’s Work in DEI

Cars That Think

The IEEE Life Fellow was elected the 2016–2017 society president and 2021 Division II director. Women have served in roles such as chair of the society’s flagship gathering, the IEEE International Instrumentation and Measurement Technology Conference (I2MTC) and its distinguished lecturers program.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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per barrel prices in 2015 and 2016, oil export revenues will undershoot these pessimistic IMF projections, as crude prices are projected to stay below $60 through 2016 (EIA estimates for Brent are $54.07 in 2015 and 2016 respectively). in 2015 and 2016 respectively). billion respectively).

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