Chevron Corporation CVX Stock Tuesday 5:50 PM "Ultra-deep" wells

Chevron Corporation CVX Stock Tuesday 5:50 PM "Ultra-deep" wells, drilled in water at the least 1.five km deep into numerous far more kilometers of rock to the reservoir below, now account for over half the world's new discoveries so far this year. The dangers are good, as evidenced by BP's 2010 Gulf spill, but the prospective rewards are large: the average ultra-deep come across adds 140M boe in reserves, vs. 55M for deepwater and just 12M to get a standard onshore nicely. 7 Comments Tuesday 9:35 AM Chevron (CVX +0.4%) is unlikely to seek protection against swings inside the Australian dollar that have intensified cost pressures at its Gorgon liquefied all-natural gas project, CEO John Watson tells Dow Jones. Chemical Safety Board says. The eight-inch pipe is original for the unit and probably was constructed within the 1970s. 1 Comment Monday 9:08 AM Chevron's (CVX) fire-damaged Richmond crude oil refinery could possibly be shut for at the very least 4 to six months, twice provided that previously believed, industry intelligence group Hermes Plume Doc IIR Energy says. Investigators have located really serious harm inside the cooling towards, pipe racks and heater tower, the group's report claims. two Comments Thursday ten:58 AM The Chevron (CVX +0.9%) refinery fire that sent hundreds best hermes replica bags of folks to hospitals and is pushing West Coast gas rates higher was just the most recent pollution incident at the facility that records show has increasingly violated air good quality guidelines over the past five years. The Richmond refinery has been cited by area regulators for violating air regulations 93 times inside the past 5 years. read more

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