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

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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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Consortium developing green hydrogen megaproject in Oman

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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. trillion market by.

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

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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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Study estimates ~4M children worldwide develop asthma each year because of NO2 air pollution

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Improving access to cleaner forms of transportation, like electrified public transport and active commuting by cycling and walking, would not only bring down NO 2 levels, but would also reduce asthma, enhance physical fitness, and cut greenhouse gas emissions. —Susan Anenberg.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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for the first quarter of 2011, according to data from the California Department of Oil, Gas & Geothermal Resources (DOGGR). The US heavy oil resource approaches 100 billion. Of the total worldwide oil resources of 9–13 trillion barrels, 15% is estimated to be heavy (i.e., in 1988 to just above 2.3 75,000 bpd.

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Opinion: Who Will Be Left Standing At The End Of The Oil War?

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Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data. Last week, Denbury Resources Inc. OPEC governments downsize their budgets, cut social spending and put big projects on hold to lower the breakeven price. So the breakeven is elusive.