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Tag Archives: chevron

Fracking ban on the ballot in tiny San Benito County has big statewide implications

fracking

SAN JUAN BAUTISTA — When President Ronald Reagan was pushing for offshore oil drilling on the edges of Monterey Bay in the mid-1980s, Santa Cruz voters fought back, approving a ballot measure that banned construction of all storage tanks, pipelines and other oil equipment in the city. The small protest vote was soon copied by 25 other coastal communities, from ...

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Chevron funds study targeting hurdles to STEM curriculum

With 700 workers employed in gas drilling operations in the tri-state region surrounding Pittsburgh, energy giant Chevron believes it has a significant stake in whether current middle and high school students are adequately prepared for careers in the gas and drilling sector. That’s why the California company helped underwrite a wide-reaching study that attempts to dig deeper into what obstacles ...

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Chevron sells stake in Canadian shale field to Kuwait

Oct 6 (Reuters) – Chevron Corp said on Monday it would sell a 30 percent stake in its Canadian oil shale holdings to Kuwait’s state-owned oil company for $1.5 billion. The deal with Kuwait Foreign Petroleum Exploration Co helps Chevron reduce production risk and gives it more capital to increase drilling in Alberta’s Duvernay shale formation, one of North America’s ...

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Chevron selling Duvernay stake in $1.5B deal

gas, Chevron

SAN RAMON, Calif. (AP) — Chevron’s Canadian subsidiary is selling its 30 percent stake in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Co. in a $1.5 billion deal. The Duvernay shale play is in west-central Alberta, Canada. Once the deal closes, Chevron Canada Ltd. will still have a 70 percent stake in Duvernay and will continue as its ...

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EnLink to acquire 1,400 miles of Louisiana and Texas Pipeline

Chevron is selling Louisiana and Texas pipelines to EnLink for $235 million, according to a report by Jennifer Larino for the Times-Picayune. In the deal, the Dallas-based company will obtain natural gas pipelines as well as storage facilities in the Gulf Coast. The purchase will strengthen EnLink’s position in the Energy Corridor and the surrounding region. EnLink, which will make ...

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Q&A: Chevron’s CEO on oil, carbon, exports

Adam Belz | Minneapolis Star Tribune John Watson, CEO of one of the world’s largest energy companies, spoke last week in Minneapolis about rising U.S. oil and gas production, the need for new pipelines and the case for allowing U.S. crude oil exports. Chevron’s top executive also took questions from the audience after his speech to the Economic Club of ...

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A hidden gas tax?

gas

Dana Hull | San Jose Mercury News You’ve probably seen the ads. Come Jan. 1, they warn, a new “hidden gasoline tax” will go into effect, one expected to increase the cost to fill up your car between 16 and 76 cents a gallon. “There’s still time to stop it, but we must act now,” says the ad, sponsored by ...

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Chevron vows to use ‘lessons learned’ after Angola LNG missteps

Ernest Scheyder MINNEAPOLIS (Reuters) – A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp’s reputation as a top-notch operator of profitable energy projects around the world. Chief Executive Officer John Watson vowed Chevron will learn from the stumbles, which include multiple electrical fires, pipeline leaks, and even a worker’s death after a ...

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APNewsBreak: Chevron meets shale drilling rules

fracking

Kevin Begos | Associated Press  PITTSBURGH — Chevron has become the first energy company to meet a new set of voluntary shale gas drilling standards that aim to go beyond existing state laws in Pennsylvania, Ohio and West Virginia, the Pittsburgh-based Center for Sustainable Shale announced Thursday. The center is a partnership between major energy companies, environmental groups and charitable ...

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