Chevron

American oil giant, Chevron, has launched the sale of its stakes in two Nigerian offshore oil and gas blocks. The company said it is seeking to dispose of aging assets in Nigeria to focus on its fast-growing United States production. …

Chevron Corporation earnings in the first quarter 2019 dropped to $2.6 billion, compared with $3.6 billion in the first quarter of 2018. The decline has been attributed to lower oil prices and weak profit margins in its refining and…