Tag: Chevron
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π©πΏAlgeria close to finalising deals with Exxon and Chevron on shale gas development
Algeria is in the final stage of negotiations with US energy companies Exxon Mobil and Chevron on the development of substantial natural gas reserves, including shale gas, for the first time in the countryβs history. This was announced by Samir Bekhti, chairman of the state energy regulator Alnaft. βThe technical aspects have already been more…
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π¦π« How U.S. Tax Dollars Fuel Global Chaos: From Taliban Opium to Corporate Profits β The Hidden Hand of USAID
In a stunning exposΓ© that connects the dots between foreign aid, military operations, and corporate profiteering, a growing body of evidence is revealing how American taxpayer dollars, funneled through agencies like USAID and institutions such as the U.S. Institute of Peace, are entrenching corruption, prolonging wars, and even expanding the global drug trade. Far from…
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Chevron moves deeper
Chevron has made a technological breakthrough by producing first oil from a Gulf of Mexico field under extreme underwater pressure. The $5.7 billion Anchor project opens an era of production in deepwater areas, which have long remained inaccessible due to the lack of equipment capable of withstanding pressures of up to 20,000 psi. Chevron and…
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QatarEnergy Buys Stake from Chevron
QatarEnergy has announced the purchase of a 20 percent stake from Chevron, a US energy company, in offshore Suriname. Under the agreement, Chevron will remain the operator with a 40 percent stake, while Paradise Oil Company, a subsidiary of Suriname-based Staatsolie, will receive the remaining 40 percent. Block 5 is located in the western part…
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Chevron to Exit English North Sea After Over Five Decades
Chevron Corp., one of the largest U.S. oil corporations, has announced its plans to divest its assets in the English North Sea. The American oil giant has operated in this region for more than 55 years, as reported by the Financial Times. This move is part of a strategic shift following a comprehensive review of…
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