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Stock Market & Financial Investment News

News Breaks
February 6, 2013
09:11 EDTCVX, TOT, EChevron to develop $5.6B Mafumeira Sul Project in offshore Angola
Chevron (CVX)'s Cabinda Gulf Oil Company subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. The $5.6B Mafumeira Sul project is the second stage of development of the Mafumeira Field located in Block 0. Mafumeira Sul is expected to reach first oil in 2015 and build toward peak total daily production of 110,000 barrels of crude oil and 10,000 barrels of liquefied petroleum gas. Chevronís subsidiary is the operator and holds a 39.2% interest in Mafumeira Sul. Chevronís partners are Sonangol E.P. (41%), Total (TOT) (10%) and ENI (E) (9.8%).
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July 21, 2014
09:00 EDTCVXChevron's Pascagoula refinery begins commercial production
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July 16, 2014
12:26 EDTCVXChevron to reduce headcount in Aberdeen, Scotland operations, Reuters says
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