Chevron announces discovery of new oilfield in Nigeria

Chevron Nigeria Limited (CNL) has announced the discovery of a new oil field in Nigeria. The “new goldmine,” estimated to hold 17,000 barrels of oil per day (bpd), is located in the shallow offshore area of the Niger Delta. The development is expected to boost Nigeria’s ailing oil production. According to Chevron, the “near-field discovery” [...]

Read More