Chevron

Zap Energy will use Chevron’s investment to develop its technology, a next-generation modular nuclear reactor with an aim toward cost-effective, flexible, and commercially scalable fusion.

A volatile market, and a shift to more remote operations during the global pandemic has been a catalyst for demand for mIQroTech’s leak-detection technology

Shell and Chevron lead the pack in a slew of Q2 losses with $18.1 billion and $8.3 billion, respectively. ExxonMobil, ConocoPhillips, Royal Dutch Shell, Petrobras, and Repsol also posted losses. The tally of these global majors’ losses in a single quarter tops $30 billion.

Repair work on the Gorgon LNG plant’s propane heat exchangers is underway. Planned maintenance on the Gorgon Train 2 was expected to end in July.

Chevron strengthens its North American position with assets in the Permian, DJ, and Eagle Ford basins and offshore in Israel and West Africa.

Chevron Technology Ventures President Barbara Burger discusses the adoption and integration of new technologies.

Barbara Burger says the key interest areas for the supermajor’s portfolio of startup investments remains unchanged despite a new industry downturn. However, the environment is tighter and the way in which deals are made has already seen notable change.

Potential suitors to acquire Chevron’s stake in the LNG project include co-owner and operator Woodside.

The deal is part of the company’s divestment program targeting proceeds of $5 to 10 billion between 2018 and 2020.

Subsea 7’s installation services contract is the latest Chevron award for its Anchor field project. First oil from the project is expected in 2024.