Articles Tagged "NYSE:CVX"

Chevron Buys Out Encana and EOG, Takes Lead in Kitimat Project

Gas – The Globe and Mail reported that Chevron Corp. (NYSE:CVX) has agreed to take 50-percent ownership of Kitimat LNG by buying the minority positions held by Encana Corp. (TSX:ECA,NYSE:ECA) and EOG Resources Inc. (NYSE:EOG). The move places Chevron at the helm of the project and brings it closer to becoming a reality.

YPF and Chevron Plan Gas and Shale Oil Exploration in Argentina

Gas – Reuters reported that Chevron (NYSE:CVX) and YPF SA (NYSE:YPF) have signed a memorandum of understanding to explore for natural gas and shale oil in Argentina's Vaca Muerta field. Repsol SA, which had its stake in YPF seized by the Argentinian government earlier this year, plans to take legal action against Chevron.

Canada’s Other Oil Patch: East Coast Offshore Projects

Oil – Although overshadowed by the Alberta oil sands, offshore drilling on Canada’s east coast holds some interesting prospects.