KEY POINTS Oil prices edged lower after Iran signaled progress in nuclear talks with the United States, easing fears of military conflict. Analysts stress that short-term price swings rarely define …
Chevron
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KEY POINTS A consortium led by Chevron has signed exclusive lease agreements with Greece to explore natural gas reserves in deep-sea blocks off the country’s southern coast, marking a significant …
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In the NewsOil & Gas
Chevron and Azule Energy Block 14 Sale Stalled by Local Rival Etu Energias’ Ambitions
KEY POINTS Chevron, the U.S.-based oil major, and the BP–ENI joint venture, Azule Energy, initially planned a smooth divestment of two mature offshore licences in Angola’s Block 14. However, what …
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KEY POINTS Oil Merchant, Chevron Corporation has announced plans to advance a significant natural gas development following the signing of a unitisation agreement that allows for coordinated exploitation of shared …
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KEY POINTS Officials from the Equatorial Guinea government and representatives of major oil companies, including Chevron, signed a pivotal gas development agreement in the capital, Malabo, on 30 January 2026. …
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KEY POINTS Chevron Corporation and Libya’s National Oil Corporation (NOC) have signed a memorandum of understanding (MoU) to look into new oil and gas development opportunities. This is the U.S. …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, has announced a significant new oil and gas discovery Awodi-07 in the Niger Delta. The find, named the Awodi-07 well, …
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In the NewsMarketsOil & Gas
Chevron Boosts Venezuelan Oil Shipments as U.S. Policy Reshapes Export Routes
KEY POINTS Chevron has dispatched a larger fleet of tankers to transport Venezuelan crude, sending 15 vessels carrying around 200,000 barrels per day, the most since March, under a U.S. …
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In the NewsMarketsOil & Gas
Chevron Records Successful Awodi-07 Well, Expands Offshore Oil Exploration in Nigeria
KEY POINTS Chevron Nigeria Limited says it is refocusing its investment portfolio in Nigeria to significantly boost crude oil production, leveraging ongoing government reforms and the Petroleum Industry Act (PIA). …
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KEY POINTS Shell has agreed to buy stakes in two undeveloped offshore oil blocks in Angola from Chevron, strengthening its position in one of Africa’s most important crude producing nations. …