Govt may seek Rada approval for Chevron PSA despite council rejection (Ukrainian Journal) The government may ask Parliament to approve a production sharing agreement (PSA) with Chevron Corporation (NYSE:CVX) after it was rejected by a local council, Energy and Coal Industry Minister Eduard Stavytskiy said Wednesday. The Ivano-Frankivsk regional council voted to Tuesday to reject the PSA amid environmental concerns, a move that is set to further delay the Olesska shale gas project.
Clean Energy Fuels Corp (CLNE) Is Absolutely Adored By The Smart Money (Insider Monkey) Clean Energy Fuels Corp (NASDAQ:CLNE) is a cornerstone of many nu-energy focused investors. The question we'll pose here is: should it be? Furthermore, it's important to analyze the latest info surrounding Clean Energy Fuels Corp. Out of the hedge funds we follow, D E Shaw, managed by D. E. Shaw, holds the most valuable position in Clean Energy Fuels Corp (NASDAQ:CLNE). D E Shaw has a $9.6 million position in the stock, comprising less than 0.1%% of its 13F portfolio. On D E Shaw's heels is Wojciech Uzdelewicz of Espalier Global Management, with a $4.3 million position; 0.3% of its 13F portfolio is allocated to the company.
Chevron Regains Foothold in Argentina’s Oil Sector (OilPrice.com) On 16 July Chevron Corporation (NYSE:CVX) and state energy firm Yacimientos Petroliferos Fiscales (YPF) signed an agreement to develop the Patagonian Vaca Muerta shale oil and gas deposit formations in Neuquén’s Loma La Lata and Loma Campana. Before the deal is finalized Neuquén’s provincial government must first analyze the joint venture. Neuquén’s Energy Minister William Coco told journalists that the agreement was signed in the YPF offices in Puerto Madero by YPF’s Miguel Galuccio, and Chevron Corporation (NYSE:CVX) President John Watson.
Investor T. Boone Pickens more in love with NG than ever (The Trucker) Investor T. Boone Pickens hasn’t changed his tune about getting the U.S. off dependence on foreign oil and onto plentiful natural gas (NG) for Class 8 trucks and other vehicles with maybe one exception. Natural gas is an even more plentiful fuel than he originally thought — able to supply the nation’s needs for “well over 100 years,” he said. Pickens and his family own 41 percent of Clean Energy Fuels Corp (NASDAQ:CLNE), which installs NG fueling stations for cars and trucks.
Positive impact of Chevron fire (Chico News & Review) More than a year has passed since the fire that destroyed part of Chevron Corporation (NYSE:CVX)’s oil refinery in Richmond, but its effects are still being felt—some of them positive. For instance, in the aftermath of the blaze—which occurred on Aug. 6, 2012, producing a thick plume of gas and smoke that sent about 15,000 Richmond-area residents to the hospital for respiratory issues—the first-ever full-scale federal investigation of a refinery accident in the Bay Area was conducted (by the U.S. Chemical Safety Board), according to the Contra Costa Times.