12:47 PM EDT, 09/03/2025 (MT Newswires) -- Chevron ( CVX ) has signed a preliminary agreement with Angola's ANPG to explore for oil in offshore block 33/24, Reuters reported Wednesday.

The risk services contract with the National Oil, Gas and Biofuels Agency was signed during an energy conference in Angola, the report said.

Chevron ( CVX ) did not immediately respond to MT Newswires' request for comment.

Chevron ( CVX ) shares were 2.4% lower in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 158.12, Change: -3.71, Percent Change: -2.29