SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX - News), through its subsidiaries Chevron Australia Pty Ltd and Chevron (TAPL) Pty Ltd, announced that it signed an agreement with Apache Julimar Pty Ltd, a subsidiary of the Apache Corporation (NYSE: APA - News), and KUFPEC Australia (Julimar) Pty Ltd, a subsidiary of the Kuwait Foreign Petroleum [...]
SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE:CVX - News) announced today that its subsidiary, Cabinda Gulf Oil Company Ltd. (CABGOC) and its partners, commenced crude oil production at the Tombua-Landana project located 50 miles (80 kilometers) offshore Angola.
Located in approximately 1,200 feet (366 meters) of water in Block 14, the $3.8 billion development is expected to [...]
TIWI, Albay—Geothermal producer Chevron Geothermal Philippines Holdings Inc. (CGPHI) is seeking the expansion of its geothermal well sites in Albay, Laguna and Quezon. The proposal was made to Aboitiz Power Renewables Inc. (APRI), which won the bid for Chevron’s steam-field expansion program.
“The program involves the drilling of 10 to 15 geothermal wells within the [...]
SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE:CVX - News) today announced that its subsidiary, Chevron Africa Holdings Ltd., has completed the sale of Texaco Cameroun S.A. to Corlay Global S.A. Chevron announced the initial sales agreement in 2008.
The affiliate’s assets include service stations, fuel depots and lubricants warehouses.
The sale is consistent with Chevron’s ongoing effort to [...]
Chevron Corporation announced that its wholly owned subsidiary, PT Chevron Pacific Indonesia, has started producing crude oil from the North Duri Field Area 12 in Indonesia, where Chevron produces nearly half the nation’s crude oil.
First oil was achieved on Nov. 14, 2008, and production is projected to increase to 34,000 barrels of crude oil per [...]
San Francisco Business Times - by Steven E.F. Brown
Oil giant Chevron Corp. agreed to sell 165 gas stations and other assets in East Africa.
The San Ramon company has been slimming down its “downstream” business in Africa and South America this year, selling off gas stations and associated fuel storage and transport businesses.
In this deal Chevron’s [...]
Chevron’s African subsidiary selling assets in Kenya, Uganda to Total for undisclosed amount
SAN RAMON, Calif. (AP) — Chevron Corp. said Monday it will sell its Kenya and Uganda businesses to Total Outre Mer SA for an undisclosed amount.
Chevron Africa Holdings Ltd. will sell its entire stake in the businesses, which include 165 Caltex-branded service stations, [...]
Monday, Sep 15, 2008
SAN RAMON, Calif., September 10, 2008 - Chevron Corporation (NYSE: CVX) today announced the extension and amendment of its agreement with the Kingdom of Saudi Arabia. This agreement grants Chevron the right to operate on behalf of the Saudi government for its 50 percent undivided interest in the petroleum resources of the [...]
