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Chevron approves next major Tengiz expansion project in Kazakhstan

Green Car Congress

Chevron Corporation announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day. billion, which includes $27.1

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I’ve Done The Math – Now I’m Doing Something About It

Creative Greenius

So you can see why I can no longer spend 70 hours a week writing press releases and media advisories, rolling from one conference call to another, and flying from one city to another for media events – no matter how meaningful and satisfying the results were, and no matter how cushy and fun the gig was. ” What a no-brainer.

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With oil prices low, early signs of a pullback in drilling activity

Green Car Congress

For example, ExxonMobil and Chevron have been insulated in the third quarter because of their large holdings in refining. Chevron’s refining program succeeded in quadrupling its profits in the third quarter, more than offsetting the hit the company has taken from the slide in oil prices.

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Heidi On The Hot Seat

Creative Greenius

The Exxon/Mobil refinery in Torrance and the Chevron refinery in El Segundo are both located in the South Bay and are each a big part of the carbon-based economy that causes the majority of climate change - although you’ll never get either of these corporations to admit this truth or take responsibility for it.

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Opinion: Why oil prices must go up

Green Car Congress

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. Chevron reported 89% and Shell posted just a 26% reserve replacement figure. by Nick Cunningham for Oilprice.com.