Chevron, Equatorial Guinea boost GEPetrol stake in Aseng gas project [Yahoo! Finance]
Chevron Corporation (CVX)
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Source: Yahoo! Finance
The deep-water gas project is located in Block I in Equatorial Guinea. The agreement increases GEPetrol's interest in the project from 5% to 32.55%, enhancing the national stake in exploiting the country's natural resources. It establishes a framework for innovative financing and aims to bolster state participation in significant projects, laying the groundwork for accelerated development within the nation's Gas Mega Hub. The HoA is expected to support both upstream and downstream developments as part of the Extended Gas Mega Hub initiative by securing gas volumes from Aseng, according to the African Energy Chamber (AEC). These include projects like Alen Tail and Yoyo-Yolanda, and drilling activities in Chevron-operated blocks, as well as potential cross-border gas flows via Gulf of Guinea pipelines. The agreement is designed to enhance gas supply to the Punta Europa complex, optimising the use of existing liquefied natural gas infrastructure and improving cost efficiency a
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News
- Chevron, Equatorial Guinea Sign Aseng Deal to Boost State Gas Participation [Yahoo! Finance]Yahoo! Finance
- 5 High-Yield Passive Income Kings for Retirees That Posted Outstanding Q4 Results [Yahoo! Finance]Yahoo! Finance
- Chevron (NYSE:CVX) was given a new $203.00 price target on by analysts at Argus.MarketBeat
- Chevron: Robust Fundamentals, Growth Drivers, And Valuation Justify Recent Bullish Breakout [Seeking Alpha]Seeking Alpha
- Chevron (NYSE:CVX) was downgraded by analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating.MarketBeat
CVX
Earnings
- 1/30/26 - Beat
CVX
Sec Filings
- 2/3/26 - Form 144
- 2/3/26 - Form 144
- 2/2/26 - Form 144
- CVX's page on the SEC website