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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 Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. Investments include refinery projects geared toward improving returns by increasing energy efficiency and feedstock flexibility, and producing cleaner fuels. Spending of $28.5

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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

Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Ichthys will provide a long-term stable supply of cleaner energy to. Location of the Ichthys project.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

While the manufacturing of ICEVs has seemingly stalled in reducing carbon emissions, EVs have a cleaner and ever-improving future ahead. Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

While the manufacturing of ICEVs has seemingly stalled in reducing carbon emissions, EVs have a cleaner and ever-improving future ahead. Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution.