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Chevron Commences Evacuation From Gulf Platforms Ahead Of Two Tropical Cyclones

By John F. Heerdink, Jr.

As per reports, Chevron Corporation (CVX) is evacuating offshore personnel from its offshore oil facilities as two tropical cyclones head toward the U.S Gulf of Mexico. The company is evacuating and initiating shut-in procedures at its Big Foot, Genesis, Jack/St. Malo and Tahiti platforms and removing non-essential workers from two additional facilities, its Blind Faith and Petronius platform however, the production at those facilities remain undisturbed.

The tropical cyclones moving toward the Gulf of Mexico is expected to make landfall as hurricanes next week causing massive disruption from Texas to the Florida Panhandle.

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide.  To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Chevron evacuating some staff from Gulf platforms ahead of storms in Reuters)


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