- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Chevron Corporation (NYSE:CVX) Closing price $113.88
On Wednesday, Chevron said that its China subsidiary has reached production sharing contracts with CNOOC (NYSE:CEO) for two exploration blocks in the South China Sea’s Pearl River Mouth Basin. Through the terms, Chevron China Energy Company will hold a 100-percent interest in blocks 15/10 and 15/28 in the Basin. During the exploration phase, the company will be the operator of the two shallow water blocks, which in the aggregate cover an area of roughly 2,233 square miles.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.