1 week ago
Chevron Corporation (CVX) Stock: Surge as 2,000-Foot Oil Column Discovery in Angola Fuels Rally
TLDR Chevron stock climbs 1.38% after a major offshore oil discovery in Angola today. The Block 0 well revealed a hydrocarbon column extending beyond 2,000 feet. Chevron found more than 300 feet of net pay in the primary Pinda reservoir. The discovery could be tied back to nearby facilities for efficient production. Chevron continues expanding [...]
The post Chevron Corporation (CVX) Stock: Surge as 2,000-Foot Oil Column Discovery in Angola Fuels Rally appeared first on Blockonomi.
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