Word: chevron
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...places seem to be hit as hard as northwestern Colorado. New drilling technology and rising energy prices caused exploration to flourish in the region in the past few years. The Piceance Basin alone drew dozens of exploration firms, including large companies like Chevron. Now those firms are pulling back. Harpole expects the number of rigs in the Piceance Basin, which energy experts say is one of the largest natural-gas reserves in North America, to drop 40% in the coming months. "There is a systematic change in thinking among energy companies that you could not have guessed just six months...
...Since leaving the Corps, Jones has worked on energy issues as head of the U.S. Chamber of Commerce's Institute for 21st Century Energy and served on the boards of Boeing and Chevron...
...company filed for bankruptcy protection after a court said it owed Pennzoil $10.5 billion in damages stemming from an earlier merger agreement. Texaco eventually paid Pennzoil $3 billion, emerged from bankruptcy after 361 days and later became part of Chevron...
...advantage of a U.S.-based coal-to-liquid-fuel plant over imports from the Middle East or Africa. In India, coal deposits have been identified, but talks with the government are at an earlier stage than in China. Sasol built a natural-gas-to-liquid plant in partnership with Chevron in Qatar in 2006, and a second such plant in Nigeria, also built with Chevron, is due for completion next year. And the company is in discussion with the government of Australia over the construction of a third gas-to-liquid plant there...
...solving America's energy woes, slashing the price of gas, and unfettering U.S. foreign policy from its addiction to foreign oil. Drill. Drill here. And drill now. "Americans across our country are hurting because of the cost of energy," said McCain in a speech on the Chevron-owned rig. "It's time for America to get serious about energy independence, and that means we need to start drilling offshore at advanced oil rigs like this...