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Chevron sells 30% stake in Canadian Duvernay shale play to Kuwait Foreign Petroleum for $1.5B

Green Car Congress

Chevron Corporation’s indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached an agreement to sell a 30% interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company’s wholly-owned subsidiary, KUFPEC Canada Inc., million cubic feet of natural gas and 1,300 barrels of condensate per day.

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Oil is cheap, so Kuwait raised its own gas price to compensate

Green Car Reports

In some cases, that means cutting back on cheap gas for their own citizens. Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. DON'T MISS: Even Saudi Arabia vows to end its.

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Consortium developing green hydrogen megaproject in Oman

Green Car Congress

An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman.

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Tokyo Electric signs equity and additional LNG offtake agreements with Chevron for Wheatstone Project

Green Car Congress

Chevron Corporation’s Australian subsidiaries have signed additional binding agreements with Tokyo Electric Power Company (TEPCO) for liquefied natural gas (LNG) offtake and equity interests in the Chevron-operated Wheatstone Project. Joe Geagea, president, Chevron Gas and Midstream. MTPA and a domestic gas plant.

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Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf

Green Car Congress

In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Policymakers hope higher energy prices can produce a number of helpful effects, the authors said.

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Junkyard Find: 1992 Geo Metro 4-door hatchback

The Truth About Cars

Amazingly, the right-side mirror was included at no extra cost on all 1992 Metro models except the gas-mileage-king XFi. Gas was cheap during the late 1980s and early 1990s, other than a spike after Iraq invaded Kuwait , but some car buyers still wanted good fuel economy. Gets 100 kilometers per 4.5

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint.

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