Chevron Corp (CVX) Financial News - Philippinesâ€™ Malampaya Consortium to Extend Fieldâ€™s Life to 2039
Chevron Corp (CVX)
Philippinesâ€™ Malampaya Consortium to Extend Fieldâ€™s Life to 2039
2011-08-09 09:47:46Quote: and Chevron Corp. will invest $250 million for the second phase of the project, which involves drilling two additional wells to be completed by February 2014. Another $750 million will be invested to install a new platform, Layug told reporters. State-owned The existing five wells in Malampaya were earlier estimated to produce gas until 2024. Its output powers three plants with a total capacity of 2,700 megawatts, almost half of the electricity generated in the main Philippine island of To contact the editor responsible for this story: Cecilia Yap at...
Open whole article (external link)
Other Financial and Stock Market News concerning Chevron Corp
12 Quality Multinational Dividend Stocks to Combat the Current Economic Situation (2011-08-08 08:46:29)
Valero Energy Earnings Cheat Sheet: Revenue Strengthens for Fifth Straight Quarter by Double-Digits (2011-07-26 09:45:31)