Chevron will also acquire a 50-percent stake in the proposed Pacific Trail Pipelines project and 644,000 acres of drilling rights in British Columbia's Horn River and Liard basins, according to a statement from the company.Chevron will be a 50-50 partner in Kitimat with Apache (NYSE:APA) and will operate the LNG terminal and pipeline.
Oil Market Update (December 27, 2012)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.