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Thursday, September 24th, 2020
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Tag Archives: Chevron

Chevron Is Installing Solar Panels — To Produce Oil More Cheaply

Solar panels

BLOOMBERG, JULY 23, 2020 By Robert Tuttle for Bloomberg – In California’s sun-drenched Kern Valley, Chevron Corp. has found a way to use one of the state’s clean-energy programs to cut the cost of pumping oil, to the chagrin of some environmentalists. Since April, solar panels have been powering oil pumps at Chevron’s Lost Hills 7,981 barrel-a-day oil field, according to the company. …

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Chevron Oil Cargo Tangled in U.S. Sanctions on Venezuela

Chevron outdoor sign

REUTERS, JUNE 5, 2020 HOUSTON — A Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on doing business with Venezuela, the company confirmed on Friday. Adamant Maritime Ltd, owner of very large crude-oil carrier (VLCC) Seahero was sanctioned by the U.S. Department of Treasury on Tuesday for carrying a Venezuelan cargo …

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Chevron allowed to keep drilling in Venezuela for another 3 months

PortandTerminal.com, July 28, 2019 President Trump has renewed Chevron’s license to drill for oil in the embattled South American country for at least 3 more months. WASHINGTON – The Trump administration said on Friday that it has renewed Chevron Corp’s licence to drill for oil and gas in Venezuela despite sanctions, signalling that it sees value in having the US oil producer …

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