Chevron company headlines, earnings, strategy, leadership, and market-moving business updates.
Market data may be delayed. For informational purposes only. Not investment advice.
The Norwegian energy company is moving into Namibia’s offshore oil exploration through a minority position in a Chevron-operated licence in the Orange Basin, according to a market report.
THE APEX TIMES
THE APEX TIMES
Chevron said it found oil and gas condensate at the 105-4X exploration well in offshore Angola’s Block 0, a development that drew fresh attention from markets.
THE APEX TIMES
A new report says Chevron has struck oil off Angola, renewing attention on the company’s exploration pipeline and how quickly discoveries can translate into production.
THE APEX TIMES
The company said the finding comes from its 105-4X well as part of its Sub-Saharan Africa exploration efforts.
THE APEX TIMES
The company said it made a new oil and gas discovery off Angola that could link to Chevron’s established offshore footprint, according to a report carried by Yahoo Finance.
THE APEX TIMES
A pair of U.S. oil majors, Exxon and Chevron, disclosed sharp profit gains for the second quarter, combining for $26.5 billion in profit, according to market coverage. Investors will now focus on what powered the increases and whether they can hold.
THE APEX TIMES
The latest Angola results, reported by Chevron and cited in market coverage, point to a potentially faster and lower-cost path to development by drilling in a zone close to existing infrastructure.
THE APEX TIMES
The company, via its Cabinda Gulf Oil Company Limited unit, reported that the 105-4X exploration well in Block 0 encountered oil and gas condensate, adding to Angola’s offshore production prospects.
THE APEX TIMES
The company says its subsidiary Cabinda Gulf Oil Company Limited has reported a discovery at the 105-4X exploration well in Block 0, Angola, a development that could extend Chevron’s production footprint in the region if appraisal results support it.
