First Chevron Gorgon LNG Cargo Departs for Japan

Chevron Corporation today announced that its first shipment of liquefied natural gas from the Gorgon Project has departed Barrow Island off the northwest coast of Western Australia.
Source: Chevron

Chevron Affirms Production Growth; Announces New Spending Cuts

Chevron Corporation (NYSE: CVX) hosted its annual security analyst meeting in New York where executives reiterated priorities, expressed confidence in the company’s near term outlook and emphasized an advantaged position when markets rebound.
Source: Chevron

Stephen W. Green Named President of Chevron Asia Pacific Exploration and Production

Chevron Corporation (NYSE: CVX) today named Stephen W. Green president of Chevron Asia Pacific Exploration and Production effective April 1, 2016.
Source: Chevron

Chevron Announces First Gas from the Chuandongbei Project in Southwest China

Chevron Corporation (NYSE: CVX) announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of the largest onshore gas projects developed by an international oil company and a national oil company in China.
Source: Chevron

Chevron and China Huadian Sign Heads of Agreement for Long Term LNG Supply

The company announced that it has signed a non-binding liquefied natural gas (LNG) supply Heads of Agreement with China Huadian Green Energy Co., Ltd. When the agreement is finalized, China Huadian Green Energy is expected to receive up to 1 million metric tons per annum of LNG over 10 years starting in 2020.
Source: Chevron

Supreme Court of Gibraltar Rules Against Donziger Offshore Company; Awards Chevron $28 Million

The Supreme Court of Gibraltar has issued a judgment against Amazonia Recovery Ltd., a Gibraltar-based company set up to receive and distribute funds resulting from a fraudulent Ecuadorian judgment against Chevron.
Source: Chevron

Chevron Confirms First Production From the Moho Bilondo Phase 1b Development Offshore the Republic of Congo

Chevron Corporation (NYSE: CVX) confirmed today that its subsidiary, Chevron Overseas (Congo) Limited, and partners have started production from the deepwater development Moho Bilondo Phase 1b offshore the Republic of Congo.
Source: Chevron

Chevron Announces $26.6 Billion Capital and Exploratory Budget for 2016

Chevron Corporation today announced a $26.6 billion capital and exploratory investment program for 2016.
Source: Chevron