The last barrel
No longer a by-product
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Chevron Corp. will continue to pursue expansion plans for natural gas developments in Israel despite the conflict that's erupted there.
The company hasn’t changed its mind on expansion, in particular, at its giant Leviathan field, which has helped Israel gain energy independence and turn into an exporter of the vital fuel, Colin Parfitt, Chevron’s Vice President for Midstream, said in an interview in London.
Chevron agreed to buy US rival Hess for $53 billion in stock in a deal that reflects top US energy companies drive for oil and gas assets in a world s
Guyana’s oil production is on course to triple to 1 MMbpd by the end of the decade, a rapid expansion for a field that pumped its first barrel at the end of 2019.