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
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Wednesday, June 3, 2009
U.S. oil major Chevron may deploy a technique to boost oilfield output across the neutral zone between Kuwait and Saudi Arabia in 2017. For full story, click here
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Monday, March 9, 2009
Chevron is set to unveil a new heavy-oil extraction method in areas near Saudi Arabia and Kuwait to access previously unrecoverable reserves. For full story, click here
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Friday, September 12, 2008
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 [...]
Continue reading "Upgrader:Canadian election in focus"
Wednesday, August 27, 2008
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 [...]
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Friday, August 22, 2008
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 [...]
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Monday, August 18, 2008
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 [...]
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Monday, June 8, 2009