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Chevron Affiliate Delivers First Fully Offset LNG Cargo from Gorgon Natural Gas Project

Chevron Affiliate Delivers First Fully Offset LNG Cargo from Gorgon Natural Gas Project

Chevron Corp.’s natural gas marketing subsidiary has delivered its first cargo of LNG with fully certified offsets from three projects across Asia. The shipment of liquefied natural gas was delivered from the Gorgon project offshore of northwest Australia to state-owned CPC Corp.’s terminal in Taiwan. Chevron disclosed the greenhouse gas emissions associated with the cargo…

October 4, 2022
Chevron Gains Stakes in Three Carbon Capture Projects Offshore Australia

Chevron Gains Stakes in Three Carbon Capture Projects Offshore Australia

Chevron Corp. has snagged a stake in three joint ventures to develop carbon capture projects offshore Australia. The greenhouse gas (GHG) assessment permits granted to Chevron Australia Pty Ltd. are for offshore blocks covering nearly 7.8 million acres. Two permits are for work in the Carnarvon Basin off the northwestern coast and one is for…

September 12, 2022
Chevron Permian Drilling, Fracturing Efficiency Doubled in Four Years, Says Exec

Chevron Permian Drilling, Fracturing Efficiency Doubled in Four Years, Says Exec

The Permian Basin is driving U.S. oil and gas production growth for Chevron Corp., helped by low development costs, substantial efficiency improvements and low carbon intensity, management said Friday. CFO Pierre Breber and Executive Vice President of Upstream Jay Johnson hosted a conference call to discuss the San Ramon, CA-based major’s second quarter earnings.  Amid…

July 29, 2022
Chevron, Egypt Pondering Increased Natural Gas Exports

Chevron, Egypt Pondering Increased Natural Gas Exports

As Egypt’s role as an option for sending more natural gas to Europe solidifies, the country’s petroleum ministry has announced a new tentative partnership with Chevron Corp. to explore ways to boost its liquefied natural gas (LNG) exports. In a memorandum of understanding (MOU) announced by Egypt’s Ministry of Oil and Mineral Resources, Chevron and…

June 27, 2022
Cheniere Sanctions Corpus LNG Expansion on ‘Significant Growth’

Cheniere Sanctions Corpus LNG Expansion on ‘Significant Growth’

Cheniere Energy Inc. said Wednesday it made a positive final investment decision (FID) to expand its Corpus Christi liquefied natural gas (LNG) export terminal in South Texas.  The project would add seven midscale liquefaction trains and 10 million metric tons/year (mmty) of capacity at the facility as global demand for LNG surges. “Reaching FID on…

June 22, 2022
Chevron, BP Among Major Players Snagging RNG Investments

Chevron, BP Among Major Players Snagging RNG Investments

A Chevron Corp. subsidiary has inked an agreement to supply Walmart Inc. with compressed natural gas (CNG) linked to renewable natural gas (RNG) production. Beginning in early 2023, Walmart plans to add Cummins Inc.’s 15-liter CNG-fired engines to some of its heavy-duty trucks as part of the multinational retail corporation’s goal to achieve zero emissions…

June 21, 2022
Chevron Looking to Crush Carbon Emissions in Central California Operations

Chevron Looking to Crush Carbon Emissions in Central California Operations

Chevron Corp. is expanding its reach into capturing and storing carbon emissions across its global businesses, with one endeavor trained in Central California. Chevron U.S.A. Inc., through the Chevron New Energies division, is advancing a carbon capture and storage (CCS) project in the San Joaquin Valley (SJV) at the  Kern River Eastridge cogeneration plant in…

May 24, 2022
Ballyhooed U.S. Deepwater Oil, Gas Prospect Set to Sail, Say Chevron, TotalEnergies

Ballyhooed U.S. Deepwater Oil, Gas Prospect Set to Sail, Say Chevron, TotalEnergies

The Ballymore oil and natural gas project in the deepwater Gulf of Mexico (GOM), which would be developed using a three-mile subsea tieback to reduce costs, has gotten a thumb’s up to proceed.  The Mississippi Canyon prospect, with design capacity of 75,000 b/d of crude oil, would be tied back to the Chevron-operated Blind Faith…

May 19, 2022
Talos, Carbonvert Bring Chevron Aboard to Propel CCUS Project Offshore Texas

Talos, Carbonvert Bring Chevron Aboard to Propel CCUS Project Offshore Texas

Talos Energy Inc. and Carbonvert Inc. are in talks with Chevron Corp. to join them in advancing a carbon capture hub southeast of Houston near the massive petrochemical complex. Houston-based Talos, whose upstream exploration is focused in the Gulf of Mexico, is developing several carbon capture, sequestration and utilization (CCUS) projects for the Gulf Coast.…

May 10, 2022
Chevron ‘Getting The Machine Running Again’ in Permian, Pondering U.S. LNG Growth

Chevron ‘Getting The Machine Running Again’ in Permian, Pondering U.S. LNG Growth

The sharp upturn in energy demand, which has escalated since Russia invaded Ukraine, has created a big opening for Chevron Corp. to ramp up once again in the massive Permian Basin and ponder whether it’s time to invest in U.S. liquefied natural gas (LNG), CEO Mike Wirth said Friday. In sharing the 1Q2022 results, Wirth…

April 29, 2022
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