Chevron begins oil and gas exploration offshore Malta

Chevron will explore for oil and gas south of Malta to expand its Mediterranean portfolio. The firm plans to use existing data for studies in the untapped region.

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CHEVRON CORP said on Tuesday it would search for oil and gas offshore Malta to expand its Mediterranean footprint. The move targets a region between producing nations Libya, Italy, and Tunisia that currently lacks active production. This expansion solidifies Chevron's role in the Eastern Mediterranean energy hub alongside rivals from the United States.

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