Chevron (CVX -1.7%) says its Angolan subsidiary declared force majeure at the Kuito offshore oil...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX -1.7%) says its Angolan subsidiary declared force majeure at the Kuito offshore oil terminal because of a fault with a mooring line. CVX is one of the west African country's top oil producers at ~1.8M bbl/day and typically loads two 920K-barrel tankers per month from its Kuito platform.