
Al-Sisi discusses cooperation with Chevron Corporation in oil exploration
Agreement with American firm supports petroleum sector in Egypt in pivotal way, says Al-Sisi
Agreement with American firm supports petroleum sector in Egypt in pivotal way, says Al-Sisi
The American company also sold its 8.9% stake in the Baku, Tbilisi, Ceyhan oil pipelines, with the deal providing Chevron with much-needed finance at a time when the oil sector is undergoing a historic recession.
Chevron has won a key challenge against a multi-billion-dollar judgment over polluting the Ecuadorian Amazon with toxic oil waste. But the case is far from over – a challenge is still pending in Canada.