PERTH Dec 5 (Reuters) - The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 ...

The reduction in LNG output in Australia — the country’s total nameplate capacity is around 88 million tonnes — comes amid the shutdown of several Middle East liquefaction projects because of the ...

Chevron Corporation CVX and its partners in the Gorgon Joint Venture have officially sanctioned the $2 billion Gorgon Stage 3 development — an important step in extending the life and output of one of ...

The MarketWatch News Department was not involved in the creation of this content. -- Transaction increases MidOcean's equity exposure to premier Australian LNG project -- Adds incremental uncontracted ...

Some of the world’s biggest oil and gas companies are warning that investments could be redirected as demands grow for a big ...

US supermajor Chevron said it would take a number of weeks to resume full production at its 8.9 million tonnes per annum ...

MidOcean Energy has agreed to acquire JERA Co. Inc.’s 0.417% interest in the Chevron Corp.-operated Gorgon LNG project, increasing its stake to 1.417%. The deal also covers JERA’s 0.735% interest in ...

A cyclone has caused extensive damage at Chevron’s Wheatstone LNG plant, worsening an already severe global supply crunch.

Chevron Corporation CVX, an integrated oil and gas company, is currently confronting a significant operational setback as its Wheatstone liquefied natural gas (“LNG”) facility in Western Australia ...

MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced it has entered into definitive agreements with JERA Co., Inc. (“JERA”) to acquire JERA ...