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Chevron Seeks Buyers for 75% Stake in South African Unit

2016-01-22 11:15:16| Oil & Gas - Topix.net

Chevron has made a decision to solicit expressions of interest for the stake, a sale that would form part of a three- year asset divestment program announced in 2014, the San Ramon-based company said in an emailed statement Thursday. "This demonstrates Chevron's continuing focus on balancing our global portfolio with our long-term business priorities," Mark Nelson, Chevron's president of international products, said in the statement.

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