article thumbnail

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

Green Car Congress

Another 11% is associated with the company’s downstream businesses that manufacture, transport and sell gasoline, diesel fuel and other refined products, fuel and lubricant additives, and petrochemicals. Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China.

Chevron 170
article thumbnail

Total and partners launch $16B ultra-deep Kaombo project offshore Angola

Green Car Congress

Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. Associated gas will be exported to the onshore Angola LNG plant. France-based Total has been present in Angola since 1953. Most of this production comes from blocks 17, 0 and 14.

Angola 170
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. Importers therefore must take into consideration the potential threats to transport. in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing.

Russia 150