Chevron, NNPC make Niger Delta oil find
Chevron and state-owned Nigerian National Petroleum Company have made a new oil discovery in the Niger Delta, the US energy company said, as fellow IOCs race to exit the troubled region.
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Oil prices regain some ground after 7% loss last week
Oil prices rose on Monday, recouping some of last week’s more than 7% decline on worries about demand in China, the world’s top oil importer, and easing concerns about potential supply disruptions in the Middle East.