Chevron Corporation (NYSE:CVX): Closing price $113.44
Chevron is set to be awarded a license for exploring for shale gas in Lithuania, according to government officials in that country on Tuesday. The license covers a field in western Lithuania, an area close to the Baltic Sea where a number of small firms extract a tiny amount of crude oil. In 2012, Chevron purchased a 50 percent interest in one of these firms, LL Investicijos, which owns a license to an adjacent field, and now company officials hope to commence exploration work this year.
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