Monday, December 5, 2011
Exxon Mobile's Berkut drilling platform
Offshore News

Global Oil and Gas Spending to Hit Record Highs in 2012 [BARCLAYS REPORT]

HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with investment reaching $598 billion, a 10% jump from...

December 5, 2011
Total Views: 0

Friday, December 2, 2011
Offshore News

Chevron: Brazil Well Shutdown Accounts For Less Than 10% Of Frade Oil Output

RIO DE JANEIRO (Dow Jones)–Brazilian oil regulators once again penalized U.S. oil major Chevron Corp. (CVX) for safety issues at the company’s offshore Frade field, shutting down a production well...

December 2, 2011
Total Views: 1

Thursday, November 24, 2011
News

Chevron Throws the Brakes on Current and Future Drilling Offshore Brazil

SAN RAMON, Calif., November 23, 2011 – Chevron Corporation (NYSE: CVX) today reports that while its subsidiary, Chevron Brasil Upstream Frade Ltda., has not received formal notice from Brazil’s National...

November 24, 2011
Total Views: 0

Tuesday, November 22, 2011
Offshore News

Chevron: Brazil Govt Has Not Advised Deep-Water Status Under Review

RIO DE JANEIRO (Dow Jones)–Brazilian regulators have not advised U.S. oil major Chevron Corp. (CVX) that its license to drill in ultra-deep waters is under review or could possibly be...

November 22, 2011
Total Views: 1

Chevron OIl Spill Frade Brazil Brasil offshore
Incidents

Chevron to Face Steep Fines for Brazilian Oil Spill

RIO DE JANEIRO (Dow Jones)–U.S. oil major Chevron Corp. (CVX) faces heavy fines in Brazil after the company accepted responsibility for an oil spill at an offshore field, including the possible loss...

November 22, 2011
Total Views: 6

Monday, November 21, 2011
Offshore News

Spill Could Lead to a Chevron and Transocean Ban from Brazil’s Deep Waters – REPORT

Despite Chevron taking full responsibility (and up until now the majority of heat from Brazil’s oil regulating agency, ANP) for the estimated 5,000 to 8,000 barrels of oil that leaked...

November 21, 2011
Total Views: 5

Sunday, November 20, 2011
brazil oil spill clean up chevron
Incidents

Up to 8,000 Barrels of Oil Leak Offshore Brazil, Chevron Takes “Full Responsibility”

RIO DE JANEIRO (Dow Jones)–The Brazilian unit of major U.S. oil company Chevron Corp. (CVX) takes “full responsibility” for a leaking well bore that left a sheen of crude staining...

November 20, 2011
Total Views: 0

Tuesday, November 15, 2011
Offshore News

Chevron Plugs Leaking Well Offshore Brazil

HOUSTON (Dow Jones)–Chevron Corp. (CVX) said Tuesday that it successfully contained the flow from a deep-water appraisal well offshore Brazil suspected to be at the root of an underwater oil...

November 15, 2011
Total Views: 2

Saturday, November 12, 2011
Brazil-Oil-Leak-to-Frades-Production-Chevron-Says
Incidents

“Crack in the Seabed” Causing Oil Slick in Campos Basin Off Brazil, Not Chevron’s Frade FPSO

RIO DE JANEIRO -(Dow Jones)- The Brazilian unit of U.S. oil company Chevron Corp. (CVX) is rushing equipment to find the cause of an oil leak at the offshore Frade...

November 12, 2011
Total Views: 2

Thursday, September 8, 2011
News

Chevron CEO: Backlog of offshore drilling permits is slowing US economy, offers solution…

WASHINGTON (Dow Jones)–The chairman and chief executive of Chevron Corp. (CVX) said Wednesday that the U.S. offshore drilling regulator needs more funding to handle permit reviews. John Watson, speaking in...

September 8, 2011
Total Views: 1

Monday, July 18, 2011
subsea7 subsea 7
News

Subsea 7 Gets $80M Subsea Umbilicals Pact Offshore Australia

Norwegian seabed-to-surface engineering and construction contractor Subsea 7 S.A. (SUBC.OS) announced Monday the award of a $80 million contract from Chevron Australia Pty Ltd (CVX) for the Chevron-operated Gorgon Project, offshore Western...

July 18, 2011
Total Views: 1

Monday, March 28, 2011
News

Chevron bringing Transocean drillship to US Gulf signals recovery

(Dow Jones) Jefferies says Chevron’s (CVX) sublet of a Transocean (RIG) ultra-deep-water drillship from Indian energy giant Reliance and plans to bring the rig to the US later this year...

March 28, 2011
Total Views: 0

Thursday, March 24, 2011
News

U.S. drilling permits keep coming

Keeping to his word, Michael Bromwich and BOEMRE are beginning to issue GoM drilling permits at an accelerated rate.  Today BOEMRE announced that it is approved the fifth drilling permit...

March 24, 2011
Total Views: 0

Thursday, February 24, 2011
News

Chevron Sees US Deepwater Drilling Resuming By Midyear

MIDLAND, Texas (Dow Jones)–Chevron Corp. (CVX), the second-largest U.S. oil company, expects to be able to resume its ambitious drilling program in the deep waters of Gulf of Mexico before...

February 24, 2011
Total Views: 0

Thursday, February 17, 2011
News

Exxon-Led Consortium: Oil Spill Response System Ready To Deploy

HOUSTON (Dow Jones)–A consortium of oil giants led by ExxonMobil Corp. (XOM) said Thursday that an early version of its containment system for deepwater oil spills is ready for deployment,...

February 17, 2011
Total Views: 3

Friday, February 11, 2011
News

Chevron Sees Deepwater Drilling In Gulf Restarting Before Year End

HOUSTON -(Dow Jones)- Oil giant Chevron Corp. (CVX) said this week it expects the federal government to start issuing permits for deepwater drilling in the Gulf of Mexico, which will...

February 11, 2011
Total Views: 0

Tuesday, January 25, 2011
News

PFC Energy 50 Ranking of World’s Top Energy Companies: ExxonMobil Regains Top Position From PetroChina; Petrobras Climbs to #3

WASHINGTON, DC–(Marketwire) – ExxonMobil, with a market capitalization of $368.7 billion, regained the top position it has held almost every year on the PFC Energy 50 list. Last year’s leader...

January 25, 2011
Total Views: 7