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 [...]

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 [...]

By Hal Weitzman in Chicago
Profits at Chevron more than doubled in the third quarter, as record oil prices and bigger margins pushed earnings at the US’s second largest oil and gas company well beyond Wall Street’s expectations.
Net profit was $7.9bn or $3.85 per share, up from $3.7bn or $1.75 per share in the same period [...]