News Articles for Chevron

Woodside will take a loss of between $50 million and $80 million as it exits its 50 per cent share of the Kitimat project in Canada, after partner Chevron also left the development.

The biggest risk facing Australian LNG exporters is not trade threats from China, rather its the possibility of not having enough gas, a new report has found.

Property developers are undeterred by the trend towards working from home, with new plans for a 14-storey office the latest in a series of proposed CBD projects.

Failing to navigate the transition to a lower-emissions economy could have a disruptive impact on WA's standard of living.

WA-based construction engineering company AusGroup has secured a 10-year maintenance contract with Chevron Australia.

A decision on Chevron's Jansz-Io compression project is expected this year, while the company's Australian emissions fell 22 per cent thanks to carbon capture.

Integrated solutions specialist EnerMech will provide pipeline services to Chevron's oil and gas facilities in Western Australia under a new five-year contract.

Developing a technology road map and finding options for local recycling will be two initial projects of a new decommissioning centre for the oil and gas industry.

Decisions on two big gas projects are due, $12 billion of chemical projects are under consideration, and a decommissioning timebomb awaits.

Perth may have the highest office building vacancy rate nationally, but that's done little to dampen the confidence of investors, developers and real estate agents.

Singaporean business Pavilion has committed to buy 3 million tonnes of LNG from Chevron in a deal with strict carbon reporting requirements.

Some of Australia's largest corporations are digging deep to raise funds for those affected by the devastating fire in Perth's north-east.

As firefighters attempt to contain an out-of-control blaze in Perth's east, the state's peak resources body has established an initiative to raise much-needed funds.

The chief executives of ExxonMobil Corp and Chevron Corp reportedly held preliminary talks in early 2020 to explore combining the two largest US oil producers.

Chevron will finish the year with both its Gorgon and Wheatstone LNG projects partly shut down due to safety concerns just as the LNG price soars to six times higher than its mid-year lows.

Australia should consider the importance of US investment alongside trade with China when weighing its economic relationships, according to Washington's top diplomat in Canberra.

Mark Hatfield has been appointed to lead Chevron Australia, replacing Al Williams who has been made global vice president of corporate affairs.

Multinational investment bank HSBC will shift its Perth headquarters from 190 St Georges Terrace to the 43-storey QV1 tower.

Chevron has restarted production at Gorgon's LNG Train 2, after welding issues in the heat exchangers were discovered in July.

Brookfield Properties has received development approval for its plans to build two mixed-use towers at Elizabeth Quay.

Expansion plans are in the works for some of WA's biggest exporters, but commodity prices and projects face uncertainty.

CIMIC Group has lost a four-year dispute against Chevron over work completed at its Gorgon natural gas project off the WA coast.

Woodside Petroleum is reportedly axing 300 direct staff following a similar decision last month by fellow oil and gas major Chevron.

Chevron intends to axe hundreds of its Western Australian workforce, as a low oil price washes over the industry.

Chevron has disclosed it will need extra time to complete repairs that have shut down one of the processing trains at its Gorgon gas project.

The shutdown of Shell's Prelude FLNG since February and planned phased shutdowns at Chevron's Gorgon could hit LNG exports by about $2 billion this year.

Chevron is planning a phased shutdown of the production trains at its Gorgon LNG plant after striking an agreement with state government safety regulators.

Chevron may need to temporarily halt production at its Gorgon gas plant after being ordered by government regulators to undertake further inspections and repairs.

Exploring the deepest reaches of the universe and mapping the human epigenome are among the research passions of the 2020 Premier's Science Awards finalists.

As the big offshore gas projects planned for WA's north face more delays and uncertainty, the prospects for developing onshore gas fields in the Perth Basin get better.

Hassell principal Peter Lee has stepped down from the architecture firm's international board after 16 years, to focus on his contributions to the Perth market.

The state government said today it was planning a safety inspection of Chevron's giant Gorgon LNG project as soon as possible after reports hundreds of cracks had been found in propane heat exchangers.

Low energy prices have caused $US4.4 billion of write-downs for Woodside Petroleum, as the company gave the markets an insight into valuations of major operations today.

Chevron may have fired the starter's pistol on a major ownership reshuffle of the North West Shelf Venture, after it announced it would put its 16.7 per cent stake in the operation, which includes a 16.9 million tonnes per year LNG facility near Karratha, on the market.

Disability service provider Activ has become the latest organisation to withdraw a major fundraising event, with this year's City to Surf cancelled on the back of state and federal government coronavirus directives.

Asymptomatic FIFO workers to be tested for COVID-19 as Western Australia records its seventh day in a row with 0 cases.

Potential for a hydrogen industry in WA has been ignited in 2020, with at least 12 feasibility studies under way, while the federal government has announced $300 million to support the industry.

The Royal Flying Doctor Service is increasing its capacity by 25 per cent in preparation for a potential increase in COVID-19 cases in the regions.

National LNG export revenue could fall by as much as 40 per cent in 2021 because of a collapse in the oil price, and the industry is unlikely to emerge as Australia's saving grace as it did during the Global Financial Crisis.

In an initiative led by the Chamber of Minerals and Energy of WA, the Western Australian resources sector has pledged $6.6 million to Royal Flying Doctor Service Western Operations, Foodbank WA and Lifeline WA.