Ali Moshiri

Chevron Argentina Asset Freeze Revoked Easing Shale Venture

Argentina’s Supreme Court revoked the seizure of Chevron Corp.’s assets in the country six months after an embargo that threatened to derail plans to develop shale deposits with state-run YPF SA.

Chevron Lends Venezuelan Oil Venture $2 Billion for Output Boost

Petroleos de Venezuela SA, the country’s state-owned oil producer, signed a $2 billion financing agreement with San Ramon, California-based Chevron Corp. to increase output at their Petroboscan oil joint venture.

Chevron Says Shale to Help Make Argentina Energy Independent

Chevron Corp., the second-biggest U.S. oil company, said it’s preparing an investment that will help make the country energy independent by developing what could be the world’s second-largest shale oil reservoir.

YPF Rises Most in 5 Months on Chevron Deal: Buenos Aires Mover

YPF SA, Argentina’s biggest energy company, rose the most in almost five months after it said Chevron Corp., the second-biggest U.S. oil company, will be the first major crude producer to partner with it to develop shale oil and natural gas.

Chevron, YPF to Sign $1.5 Billion Deal to Develop Shale in July

Chevron Corp. will become the first major oil company to partner with YPF SA to develop shale oil and a final deal is expected in July, YPF said.

Chevron Was Prepared for Brazil Drilling Halt, Moshiri Says

Chevron Corp. was already planning to halt operations at its Frade field in Brazil even before the country’s petroleum regulator ordered it to stop drilling as it assess a spill in the area, Ali Moshiri, Chevron’s president for Latin America and African operations, said in Brasilia today.

Chevron May Start Output at Venezuela’s Carabobo in 2012

Chevron Corp. and its partners on the Carabobo 3 block in Venezuela’s Orinoco heavy oil belt, including state oil company Petroleos de Venezuela SA, may be able to start early production in the third quarter of 2012.

Chevron, YPF Sign Venture to Develop Argentine Shale Oil

Chevron Corp. signed a deal with YPF SA, Argentina’s largest energy company, which paves the way for it to become the first major oil company to partner with the Buenos Aires-based producer since its nationalization in April.

Chevron Says It Wants to Partner YPF in Argentine Shale

Chevron Corp. said today it wants to partner with YPF SA, Argentina’s biggest oil producer, in developing the company’s Vaca Muerta shale formation.

Venezuela Oil Tax May Pare Chevron Investment, Universal Reports

Chevron Corp. will take into account Venezuela’s new oil-price tax when considering investment in projects in the country, El Universal reported, citing Ali Moshiri, the company’s president for Latin America and Africa.

"Some people think China is the second-largest shale oil. I believe after the U.S., Vaca Muerta holds the largest shale oil in terms of reserves."

- Ali Moshiri on May 16, 2013

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