News End-User News Chevron Acquires Oil Exploration Rights in China
Chevron Acquires Oil Exploration Rights in China
Tuesday, 07 September 2010 10:09
Submit Chevron Acquires Oil Exploration Rights in China in Delicious Submit Chevron Acquires Oil Exploration Rights in China in Digg Submit Chevron Acquires Oil Exploration Rights in China in FaceBook Submit Chevron Acquires Oil Exploration Rights in China in Google Bookmarks Submit Chevron Acquires Oil Exploration Rights in China in Stumbleupon Submit Chevron Acquires Oil Exploration Rights in China in Technorati Submit Chevron Acquires Oil Exploration Rights in China in Twitter Submit Chevron Acquires Oil Exploration Rights in China in Twitter
Chevron Corp.'s Chinese subsidiary has acquired rights to explore for oil on 8,100 square miles in the South China Sea's Pearl River mouth basin, the oil company said Tuesday.

Chevron won final approval to explore three blocks, acquiring 100 percent interest in two of them and just over 59 percent of another. BP will acquire the remaining interest in the third exploration block, Chevron said in a statement.

Source: AP

View Full Article
 

eVM_ScreenshotSubscribe to eVM News…

Get the latest industry headlines plus news about VMA, upcoming Valve Magazine articles, product highlights and more, delivered 8 times per year.

Click here to subscribe. Or, view the most recent edition here.
Valve Magazine is published by the Valve Manufacturers Association of America. © - All Rights Reserved

RocketTheme Joomla Templates
..