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Chevron Faces Setback as Its Well Fails to Yield Commercial Oil
CVX’s Strategic Moves in Namibia Despite the disappointing results at Kapana 1X, CVX remains committed to Namibia’s potential. The company has indicated that it will continue to explore the ...
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Chevron finds no commercial oil, gas at Namibia exploration well
Chevron (NYSE:CVX) said Wednesday it did not find commercial hydrocarbon reserves at its Kapana 1X exploration well in Namibia's Orange Basin. The company said the well in the offshore PEL90 block ...