The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day. By Stanley Reed Chevron said Friday that it had completed an ...

Oil output at Iraq’s giant Rumaila field remains reduced by 300,000 barrels a day after a fire last week, according to an official. The timeline for a full recovery to previous levels of 1.2 ...

Chevron Corp. said Friday it completed an expansion at Kazakhstan’s huge Tengiz oil field, which is expected to pump 1 million barrels a day by the middle of this year. The expansion ...

U.S. energy giant Chevron expects 1 million barrels of oil equivalent per day from Kazakhstan's Tengiz oil field, which is among the world's biggest. Meanwhile, an Exxon executive downplayed hopes ...

Feb 4 (Reuters) - Shell (SHEL.L), opens new tab said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading ...

A Chevron-led consortium achieved first oil at a third processing plant in the Tengiz oil field, which is now expected to ramp up output to one million barrels of oil equivalent a day. Image by ...

The real-time price of Brent crude oil is at $75.76 per barrel, and the price of WTI crude oil is at $71.71 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

Chevron, which owns 50% in affiliate Tengizchevroil LLP (TCO), the company operating the giant Tengiz development, has achieved first oil at the Future Growth Project (FGP) at the field ...

For an oil field that has not generated even up to $10 million in 55 years! 17. By the way, the picture on the left is how the rig looked before the roughly $100 million was spent on the project.