Chevron & Exxon Near Landmark Deal to Unlock Algeria's Gas Reserves

Key Takeaways Chevron and Exxon eye a landmark shale gas deal with Algeria to tap vast reserves.Algeria holds the world's third-largest shale gas reserves, boosting export potential.Agreements could secure Europe's energy needs and expand both firms' global influence.Chevron Corporation (CVX)  and Exxon Mobil Corporation (XOM) are on the brink of a landmark agreement with Algeria to develop the country’s immense natural gas reserves, including shale gas, as reported by Bloomberg. For the energy giants from ...