Tengizchevroil is a joint venture between Chevron (50% share in the consortium), ExxonMobil (25% share), KazMunayGas (20% share) and LukArco (5% share). The joint venture was formed in April 1993, when the Kazakhstan government granted an exclusive 40-year right to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located ...
Found on
http://en.wikipedia.org/wiki/Tengizchevroil
(from the article `Kazakhstan`) ...in Kazakhstan would face suspension of their activities for alleged failure to observe environmental regulations. The international oil consortium ...
Found on
http://www.britannica.com/eb/a-z/t/25
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