Sunday, April 26, 2026
Chevron-led venture makes oil discovery offshore Nigeria- oil and gas 360

Chevron-led venture makes oil discovery offshore Nigeria

(Oil Price) – A joint venture operated by U.S. supermajor Chevron has made an oil and gas discovery offshore Nigeria as international majors bolster exploration amid the top African producer’s efforts to boost hydrocarbon output and offer more favorable terms for investments.   The Nigerian National Petroleum Company Limited (NNPC Ltd) on Monday commended Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL

Argentina Finally Emerges as a South American Oil Powerhouse- oil and gas 360

Argentina finally emerges as a South American oil powerhouse

(Oil Price)– The discovery of the massive Vaca Muerta shale play was a game changer for the economically troubled South American nation of Argentina. The country, which with 2024 gross domestic product of $632 billion ranks as the second largest economy in South America and third largest in the broader region of Latin America, is rapidly becoming one of the region’s