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Stockreport

Chevron, Equatorial Guinea Sign Aseng Deal to Boost State Gas Participation [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Under the agreement, national oil company GEPetrol will increase its stake in the Chevron-operated Aseng project in Block I from 5% to 32.55%. The deal strengthens government participation while enabling further development phases under Equatorial Guinea's Extended Gas Mega Hub initiative , which aims to consolidate upstream gas production, midstream infrastructure, and downstream processing around the Punta Europa complex. Gas volumes from Aseng are expected to support multiple linked projects, including the Alen Tail development, Yoyo-Yolanda, new drilling in Chevron-operated blocks, and potential cross-border gas flows via Gulf of Guinea pipeline infrastructure. Rather than advancing a single field, the agreement is designed to unlock a broader portfolio of gas developments. A key feature of the HoA is the securing of long-term gas supply to Punta Europa, home to Equatorial Guinea's LNG and gas processing facilities. This is expected to improve infrastructure utilization, redu [Read more]

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Stockreport

Chevron, Equatorial Guinea Sign Aseng Deal to Boost State Gas Participation [Yahoo! Finance]

Chevron Corporation  (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Under the agreement, national oil company GEPetrol will increase its stake in the Chevron-operated Aseng project in Block I from 5% to 32.55%. The deal strengthens government participation while enabling further development phases under Equatorial Guinea's Extended Gas Mega Hub initiative , which aims to consolidate upstream gas production, midstream infrastructure, and downstream processing around the Punta Europa complex. Gas volumes from Aseng are expected to support multiple linked projects, including the Alen Tail development, Yoyo-Yolanda, new drilling in Chevron-operated blocks, and potential cross-border gas flows via Gulf of Guinea pipeline infrastructure. Rather than advancing a single field, the agreement is designed to unlock a broader portfolio of gas developments. A key feature of the HoA is the securing of long-term gas supply to Punta Europa, home to Equatorial Guinea's LNG and gas processing facilities. This is expected to improve infrastructure utilization, redu [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS