2016, Global, International and Kazakhstan

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2016

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Kazakhstan

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

Green Car Congress

DECEMBER 8, 2011

First production is expected in 2016. Kazakhstan/Russia: Caspian Pipeline expansion. Global exploration funding is expected to be $3 billion in 2012. This planned spending includes initial appraisal of new acreage captured over the past two years, including Liberia, China and various international shale gas plays.

Chevron

Chevron 2012 Angola Saudi Arabia

Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

NOVEMBER 6, 2015

The collapse in prices may mean we don’t see more white elephants like the Kashagan project in Kazakhstan, an offshore boondoggle that has required more than a decade of development, tens of billions of dollars, and still won’t come online for a few more years. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel.

Oil

Oil Oil-Sands Saudi Arabia Oil Prices

EV Driven

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

Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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