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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Chevron Corporation | NYSE:CVX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.50 | -0.93% | 159.77 | 161.45 | 158.90 | 160.78 | 7,708,894 | 00:07:54 |
--Hungary's MOL has been in talks to acquire Chevron's stake in an oil field in Azerbaijan, Reuters reported Wednesday, citing "three banking and industry sources involved in the process."
--Chevron is looking to sell its stake in the Azeri-Chirag-Gunashli oil field, which is operated by BP PLC, the report said.
--MOL would pay more than $2 billion for a 9.57% stake in the field, the report said.
--MOL and Chevron declined to comment, according to the report.
Full story: https://www.reuters.com/article/us-chevron-azerbaijan-mol-magyar-olaj/hungarys-mol-in-talks-for-chevrons-2-billion-stake-in-giant-azeri-oilfield-sources-idUSKBN1WO25Z
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 09, 2019 14:25 ET (18:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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