Growth in Marcellus, Permian, Gulf of Mexico Boosts Chevron in Second-Quarter 2014, with Major Start-Ups on Horizon
SUGAR LAND--August 4, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--With market conditions improving for crude oil, Chevron Corporation (NYSE:CVX) (San Ramon, California) reported narrow improvements in revenues and profits for the second quarter of 2014. The company also was boosted by production growth in the Permian Basin, Marcellus Shale and Gulf of Mexico, although some of these improvements were offset by higher operational costs. Industrial Info is tracking $142 billion in active projects involving Chevron.
Within this article: Details on Chevron's quarter and several key projects, including the Jackpine Oil Sands Mine in Fort McMurray, Alberta; the Cedar Bayou complex in Baytown, Texas; and the Gorgon and Wheatstone LNG projects in Australia.
Other companies featured: Shell Canada Energy (NYSE:RDS.A), Marathon Oil Canada (NYSE:MRO), Phillips 66 (NYSE:PSX)
