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Chevron
Beginning of Essay
is the second largest producer of oil in the Gulf of Mexico. It is the
third largest producer of oil in the United States and 24 other countries.
Their production worldwide has been quoted as 1.4 million barrels of oil and gas
a day. 's products are transported .... Middle of Essay .... signed a deal with the government to buy Tenghiz,
the biggest oil field to become available in twenty years. Hug reserves of oil,
approximately 250 billion barrels, were waiting to be taken from the earth.
After the uprising in Russia, Chevron feared that the deal would be off.
Fortunately, they were able to bargain with the new-found government and enter
into a joint agreement to produce oil from the fields in Tenghiz. At this time,
Chevron is planning to export the oil from Russia by pipeline to the Black Sea
where it will be transported out by oil tanker. The cost of this entire deal
will be somewhere in the area of $10 billion dollars. In ....
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Words: 307 - Pages: 2
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