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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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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

In addition to the 95% share in the domestic market, in 2020, UzAuto achieved the number one sales volume for two consecutive years with overseas production in Kazakhstan. Collaboration is a core part of the BYD strategy, and it is important to work with other corporations who share the same vision.

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ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Green Car Congress

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said in a presentation at the New York Stock Exchange. billion oil-equivalent barrels.

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Repsol and Alliance Oil to form an exploration and production JV in Russia

Green Car Congress

The transaction is subject to negotiation of final contractual terms, due diligence of the assets to be contributed by Alliance Oil and the procurement of the relevant regulatory and corporate approvals, which is expected to be completed during 2011.

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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 Kazakhstan/Russia: Caspian Pipeline expansion. Expenditures of approximately $600 million in 2012 are budgeted for technology, power generation and other corporate activities. billion capital and exploratory spending program for 2012. We continue to develop an unparalleled project queue.

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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

Up to now, Zeekr has entered Eu markets in Sweden, the Netherlands, and Germany, and signed commitments with companions in Israel and Kazakhstan. In that very same moment, Human Horizons, the dad or mum corporate of HiPhi, signed a 5.6 Moreover, previous in June, NIO gained a strategic funding of one.1