By Emmanuel Tumanjong

Special to Dow Jones Newswires

 

Chevron Corp. is in talks with the Cameroon government to exploit an oil block in the country's Douala/Kribi-Campo basin.

Discussions have been continuing for some time between the U.S. energy major and Cameroon's state-run oil manager National Hydrocarbons Corp., according to Clay Neff, president of exploration and production for Chevron Africa and Latin America.

"We are in discussions with the Cameroonian government to move forward with the development of this block," Mr. Neff said.

 

Write to Barcelona Editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

December 16, 2022 12:16 ET (17:16 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Chevron (NYSE:CVX)
Historical Stock Chart
From Feb 2023 to Mar 2023 Click Here for more Chevron Charts.
Chevron (NYSE:CVX)
Historical Stock Chart
From Mar 2022 to Mar 2023 Click Here for more Chevron Charts.