Key Takeaways CVX's unit entered a two-year crude supply and prepayment agreement worth up to $120M with Frontera.CVX's unit will provide an$80M upfront payment to secure crude from Frontera's Colombian operations.CVX's unit included an option for up to $40M in additional prepayment to ensure supply continuity.Chevron Corporation’s (CVX) subsidiary, Chevron Products Company, has entered into a major prepayment and commercial agreement with Frontera Energy’s Colombian subsidiary. This agreement, worth up to ...