Libya reached its highest daily production since 2013, recording 1.44 million barrels per day (MMbpd) on Sunday, the National Oil Corp (NOC) said.
Chevron Corp has received a notification from Etu Energias that Etu Energias is exercising its pre-emption right in an agreement under which Chevron is selling its interests in 2 producing oil and gas licenses offshore Angola to Energean PLC.
Chevron Corp has signed an asset swap agreement with Petróleos de Venezuela SA (PDVSA) that allows the United States energy giant to grow its heavy oil position in the South American country’s Orinoco Oil Belt.