Search results
Results from the WOW.Com Content Network
In March 2019, Chevron announced that carbon capture and storage was delayed by another nine months, which would result in the release of a further 7.9 to 11.1 million tonnes of CO 2. [ 13 ] WWF claims that the Gorgon geosequestration project is potentially unsafe as the area has over 700 wells drilled in the area, 50 of which reach the area ...
The explosion resulted in the death of two of the 154 workers on board and a fire that burned for 46 days before the well was sealed on June 18. According to a Reuters news report, workers on the KS Endeavor were ignored by Chevron when they requested evacuation due to concerns of increasing smoke billowing from the drilling borehole.
Tengizchevroil is a joint venture between Chevron (50% share in the consortium), ExxonMobil (25% share), KazMunayGas (20% share) and LukArco (5% share). The joint venture was formed in April 1993, when the government of Kazakhstan granted exclusive 40-year rights to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located in the north-eastern reaches of the Caspian ...
Chevron Phillips Chemical (CPChem) is a petrochemical company that is a 50/50 joint venture between Chevron Corporation and Phillips 66.The company was formed July 1, 2000, by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company.
Chevron's (CVX) cost-control moves are steadily impressive and are expected to have boosted its Q3 earnings and cash flows.
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the US oil company said Wednesday.
Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. [1] Sustainability reporting deals with qualitative and quantitative information concerning environmental, social, economic and governance issues.
Exxon stock was down 4%, while Chevron's declined roughly 1% in mid-morning trading. Natural gas prices plummeted this past year, down roughly 34% year to date. But oil majors could benefit from ...