Current CVX Stock Info

Chevron (ticker: CVX) has terminated its contract with Ukraine to extract shale gas in the western part of the country. The world’s third largest oil company by market cap spent more than a year to get the government to simplify taxation for development, reports local media.

“We have just terminated that PSA (production sharing agreement),” said Peter Clark, Chevron’s country manager. “When it was signed, things had to be done, but not all of them got done.”

Andrei Korneyev, Head of the Center for Energy Security at the Institute for the ...

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