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Israel Government Orders Push Chevron To Restart Operations At Offshore Tamar Natural Gas Platform

By John F. Heerdink, Jr.

As per reports, Israel’s energy ministry has instructed Chevron Corporation (CVX) to restart operations at the offshore Tamar natural gas platform almost after nine days after it was shut on May 12 as per government instructions, due to Israel-Gaza unrest in the region.

Chevron holds a 25% stake in the Tamar gas field. The field is expected to reach full output within 36 hours of start-up, the company informed.

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: UPDATE 1-Chevron says to restart Tamar gas field on Israeli orders in Reuters)


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