Chevron and partners to spend US$ 8 billion on Kazakh oilfield
Chevron and its partners have plans to spend US$ 8 billion on expanding a Kazakh oilfield.
Chevron and its partners have plans to spend US$ 8 billion on expanding a Kazakh oilfield.
A joint venture between Thiess and EV LNG Australia (EVT) has won an approximately US$ 500 million contract to build LNG storage and condensate tanks for the Chevron operated Wheatstone project.
Yemen LNG is to divert 20 cargos a year to Korea for the next three years to take advantage of the higher LNG spot prices as the US market has been depressed due to the impact of the shale gas discoveries there.
The American Petroleum Institute say that raising oil and natural gas royalty rates is bad energy policy.
February 2011: Time is usually regarded as a negative in any business endeavor – the quicker, the better. After all, time is money (right?). Balancing the ‘time required for sustainable change’ with a ‘schedule for change’ is almost always an exercise in conflict.