Chevron Returns to Canada

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Hira Shahnawaz Akhtar
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Chevron Corporation (NYSE:CVX) has revealed its interest in Canada with investments in the Kitimat LNG project, as well as interest in Duvernay shale gas plays in Alberta. Chevron Corp had cut back its operations significantly in Canada about ten years ago. After having lost out on the oil sands boom in Western Canada, Chevron is ready to recommit to Canada. Recommitment of Chevron to its Canadian business suggests a new theme “The plans are fueling a hiring spree to increase its workforce in Calgary in the next couple of years to 800 people, from about 500 today and 200 in…


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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.