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Harnessing Western Australia’s Crude Oil Resources

                   
                     Chevron Australia   
                                  http://www.chevronaustralia.com/                    

Now this is helpful to know about...

Barrow Island Sustained Energy for Environmental Management of our 

Western Australian Oil Operations. 

Our Barrow Island operation is testament to our commitment to providing energy sources 

while respecting the environment. 

As part of our commitment to protect the Island’s unique environment, we have a comprehensive quarantine regime which has been recognised locally and globally as “best practice”.

Quarantine   A Rigorous Management System Part of Chevron’s commitment to protect Barrow Island’s unique environment includes a comprehensive quarantine regime which has been recognised locally and globally as “best practice”.

Our key environmental objective is to protect the conservation values and maintain the biodiversity of Barrow Island and its surrounding waters.

The Barrow Island Quarantine Management System (QMS) is the world's largest non-government quarantine initiative.It provides an unprecedented level of quarantine intervention across all operations and sets new benchmarks for environmental protection.

Quarantine management prevents the introduction of non-indigenous animals and plants that could potentially establish on the island, predate native species or compete with them for food, water and shelter.

Our quarantine program focuses on preventing the introduction of these species through pre-border screening of cargo and passengers prior to arrival on Barrow.

This is complemented by on-island inspection and surveillance activities as well as a control and eradication capability.Together with the broader scientific community,specialist environmental consultants and relevant government regulatory agencies, we have progressively improved our strategy and built on our experience to develop a world-class quarantine management  system.                                                                                                                      
2015 Australian Biosecurity Award WinIn March 2015, Federal Agriculture Minister Barnaby Joyce named Chevron as a winner in the Industry category of the 2015 Biosecurity Awards.
We were acknowledged for our proud and successful environmental stewardship legacy on Barrow Island, where we have operated Australia’s largest onshore oilfield for more than 50 years.

At the awards night, it was acknowledged that the success on Barrow Island was attributed to our strong focus on biosecurity management, which since implementation in the 1960s, has continually evolved toprotect and sustain the island as a Class A Nature Reserve.

We were also acknowledged for working in partnership with the Department of Agriculture and equipping many thousands of individuals and key stakeholders internationally with both awareness and knowledge of the importance  of biosecurity.                                                                                                                                  

United Nations of Australia Award Win The latest win follows success at the 2012 United Nations(UN) Association of Australia World Environment Awards, where the QMS received the Business Award for the Best Practice Program which demonstrates excellence in environmental management and sustainable development, consistent with global UN standards.

The QMS has also been previously recognised by the Australian Petroleum Production and Exploration Association (APPEA), the Cooperative Research Centres Association (CRC) and the WA Engineers Association.Quarantine Awareness Modules.                                                        

As highlighted at the 2015 Biosecurity Awards, as part of our commitment to improving understanding of quarantine requirements for Barrow Island in the wider community, we have developed a number of awareness modules.

These modules - based on the actual training requirements for our own team members - provide a good overview of the lengths we expect our suppliers, our contractors and ourselves to go to in order  to protect Barrow Island's biodiversity.

The first - Quarantine for Contractors and Suppliers - describes quarantine requirements throughout our supply chain and help create an awareness of the role of individuals must play.
Our crude oil production facilities are located on Barrow Island.
Last year, in 2014, we marked 50 years since oil was first discovered on Barrow Island. Since our 1964 discovery, Barrow Island    has become the largest onshore oil field in Australia, producing more than 320 million barrels of oil.                                                    

Harnessing Western Australia’s 

Crude Oil Resources       

We have been producing crude oil from Barrow Island – a Class A Nature Reserve – since 1967.
The island is also the location of   the Gorgon Project, a liquefied natural gas and domestic gas development.                                                                                            

 Although rated as one of the most important wildlife refuges in the world, Barrow Island’s ecology remains essentially intact.            

This can be largely attributed to our environmental management of the island, which has received state, national and international recognition.

Today it remains an environmental showcase and world-class example of sustainable development – an environmental sanctuary that we can all be proud of.                                                                                                    
                 Admin;      http://www.vickispotvcashadelaide.blogspot.com.au
                 Marketing; http://www.vcash-marketing.blogspot.com.au

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This month, many companies will be paying their dividends to shareholders!!.

This month, many companies will be paying their dividends to shareholders.  Many investors, during bull markets, say they can't wait for a pullback so they can buy cheaper shares. Well, readers, today is your chance to put the theory into action. Overnight, the Dow added 300 points. Here in Australia, yesterday the S&P/ASX 200 Index made a stunning recovery, finishing the day in positive territory after at one stage looking like it would plunge back below 5,000. (As an aside, Deutsche Bank has a target for the ASX 200 to 5,600 by the end of 2015. They are clearly expecting the market to literally TAKE OFF in the coming weeks.) Yesterday, I went shopping again, snapping up yet another ASX stock that has fallen 20% over the last three months, despite recently reporting results that were well ahead of expectations. In short, the shares have fallen for no good reason... and I'm not about to look a gift horse in the mouth! Now, you can treat this bout of share market volatility 3 ways... 1) Believe the doomsters and pessimists, sell in a fit of panic and head for the hills with your tail between your legs. Lock in your losses now, and wait until markets move higher before moving back in. With the greatest respect, just like slavishly following stop losses, doing this is virtually guaranteed to lose you money. 2) Do nothing... and miss out on some of today's compelling bargains on offer. As a reminder, even after the rally of the past couple of days, the S&P/ASX 200 Index is still down 17% from its April high. Wouldn't you be rather buying NOW than a few months ago, when every man and his dog were falling over themselves to buy shares in the "can't lose" big four banks? Do you want to be one of those people who, in a few weeks time when everything inevitably calms down again, regrets not buying NOW, when shares were cheap? 3) Steadily and methodically put money to work in the share market now, taking advantage of the cheap prices and high fully franked dividend yieldson offer, while they still last. Every week, or even every month, buying shares in quality ASX companies trading at what will likely turn out to be artificially and temporary low prices. I'm firmly in the third camp... especially as, after yesterday's awful GDP numbers, financial markets are now pricing in a 91% chance of another cut in official interest rates by the RBA BEFORE the end of THIS year. Back in February this year, when the RBA unexpectedly cut interest rates, the ASX soared to a 7-month high. When the RBA almost certainly cuts again, it could give the ASX a MASSIVE shot in the arm, sending it significantly higher. I'm not hanging around to wait for the interest rates to be slashed on my term deposits again. I'm buying shares NOW. And besides, with many ASX companies now trading on fully franked dividend yields of 5% or more, by comparison to leaving your money in the bank, the returns from shares for income-hungry investors and SMSF's are utterly compelling. Take Telstra Corporation Ltd (ASX: TLS) for example. Its share price has quietly fallen 13% over the past month, whereupon it now trades on a fully franked dividend yield of 5.4%. When franking credits are included, Telstra's gross yield is a very attractive 7.7%! It doesn't take a rocket scientist to see how the market, and high yielding shares in particular, could TAKE OFF in advance of, and after, the next RBA interest rate cut... something the financial markets are suggesting is a virtual certainty. I already own Telstra... likely along with many readers of this column. Its one of the most widely held stocks trading on the whole ASX. My guess is you, like me, are looking for new, different and exciting dividend-paying stocks to add to your diversified portfolio. Stocks that pay juicy fully franked dividends, AND have the very real potential of their share price jumping significantly higher on the back of a market re-rating and business growth. And here's the kicker -- Many  Companies, courtesy of the recent market wobbles, are now trading a share prices significantly lower than they were just a few short weeks ago! With the RBA looking almost certain to again cut interest rates this year, AND with the ASX still in correction mode, PLUS not forgetting Deutsche Bank's year-end prediction of 5,600 for the market, the timing could be perfect. And here's another reason why the timing may be perfect... This month, many companies will be paying their dividends to shareholders...  Happy Blogging! Marketing;   http://www.vcash-marketing.blogspot.com.au  Admin;         Http://www.vickispotvcashadelaide.blogspot.com.au

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