Chevron Australia Sees LNG Prices Staying High for Six Months
Liquefied natural gas prices — which have surged since the start of the US-Iran war — are unlikely to drop in the short term, according to Chevron Corp.’s Australia president.
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Liquefied natural gas prices — which have surged since the start of the US-Iran war — are unlikely to drop in the short term, according to Chevron Corp.’s Australia president.
Chevron's finance chief said the company will more than double its rigs in Venezuela. No before and after numbers exist, and only six firms may operate. The post Chevron Says It Will More Than Double Its Drilling Rigs in Venezuela appeared first on The Rio Times.
US oil giant Chevron, Italy's ENI and GE Vernova signed deals worth "tens of billions of dollars" with Venezuela, US Energy Secretary Chris Wright said Wednesday during a trip to Caracas where he and Interim President Delcy Rodriguez finalised the agreements.
U.S.' Chevron, Italy's Eni and other foreign energy producers committed on Wednesday to major project expansions to boost oil output in Venezuela, in a signing ceremony in Caracas overseen by interim President Delcy Rodriguez and U.S. Energy Secretary Chris Wright. FRANCE 24's Maya Yataghene reports.
Oil giant Chevron confirmed that it would expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. Chevron, the only US oil company that has a major presence in the country, said on Wednesday that it had been assigned additional acreage in the Orinoco Belt, where the company had an established position. Joint venture plans include investing more than US$7 billion over...