Ernest's Feed
Sep 18, 2014

Chevron vows to use ‘lessons learned’ after Angola LNG missteps

MINNEAPOLIS (Reuters) – A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp’s reputation as a top-notch operator of profitable energy projects around the world.

Chief Executive Officer John Watson vowed Chevron will learn from the stumbles, which include multiple electrical fires, pipeline leaks, and even a worker’s death after a rig collapsed last summer. The company plans to have the LNG project up and running by next year.

Sep 17, 2014
Sep 17, 2014
Sep 16, 2014

Chevron will stay in Scotland regardless of referendum, CEO says

MINNEAPOLIS (Reuters) – Chevron Corp will continue to extract oil and natural gas from the North Sea regardless of whether Scotland remains part of the United Kingdom after a referendum, Chief Executive John Watson said on Tuesday.

The comments come after an unusual round of personal entreaties to Scottish voters from the leaders of BP Plc, the Royal Bank of Scotland and several other large companies. The companies asked voters to maintain the 307-year alliance with England, Northern Ireland and Wales.

Sep 16, 2014
Sep 16, 2014
Sep 16, 2014
Sep 16, 2014
Sep 16, 2014
Sep 16, 2014