Articles Tagged "chevron"

US Chevron to launch $337 mln

The US’ Chevron Corporation will launch a $337m steam injection pilot scheme in a bid to boost heavy oil output at its concession in the neutral zone, between Kuwait and Saudi Arabia, in the second half of 2009. For full story, click here

Upgrader:Canadian election in focus

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news Ouch! For our Canadian investors in commodities, times have certainly been better. The TSX has been dragged downward by mining and energy concerns this week, and investors are understandably worried. Some see it as a natural part of a cycle, others as a [...]

Upgrader: August 27

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market and international news Falling natural gas prices are a boon to oil sands operators, so if prices remain low in the upcoming months, Q3 results should improve, especially for refiners. A common theme in the Q2 results released a couple weeks ago was the bite [...]

Upgrader: August 22

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Hello to everyone out there. Sorry that Upgrader is later than usual this week. I have been in Winnipeg and Northern Ontario on a semi-vacation. On that note, it was helpful to be without news for a few days as it offered perspective on what [...]

Newfoundland and Chevron set to finalize deal

The government of Newfoundland is set to finalize a deal with Chevron Corp this week to develop the C$6 billion ($5.7 billion) offshore Hebron oil field. Quoting unnamed sources, Canadian Broadcasting Corporation said: An announcement regarding the 731 million barrel Hebron and Ben Nevis heavy oil deposit could be made Wednesday or Thursday. For more [...]