Various multinational oil and gas companies including Chevron (NYSE:CVX) have exited their Red Sea oil and gas ... for new concessions in the Mediterranean Sea, reaffirming their commitment ...

The Egyptian petroleum ministry confirmed that these companies are now redirecting their resources to other regions within ...

At the same time, the big energy giants like SHEL and WDS, which hold the blocks in the Red Sea, also refused to make any comment. CVX’s Commitment Toward Egypt in Mediterranean Blocks Chevron ...

A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks ...

On Tuesday morning, the ship entered the Suez Canal on its way to the Mediterranean Sea. "The Vice-Admiral Kulakov was active in the southern part of the Red Sea and the Gulf of Aden since the end ...

Chevron Corporation CVX, along with several other multinational energy firms, has exited its oil concession blocks in Egypt’s Red Sea region after failing to discover commercial oil or gas reserves.

particularly the Mediterranean, reported Reuters. Egypt awarded its first oil and gas exploration concessions in the Red Sea to Chevron, Shell, and Mubadala Investment Company in 2019. Moataz Atef ...