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Chevron selling $5b stake in Caltex

2015-03-27 11:18:26| Energy - Topix.net

US energy giant Chevron is looking to sell its $5 billion stake in Caltex Australia but says the decision won't affect its Gorgon and Wheatstone gas interests. Chevron expects shares in oil refiner and distributor Caltex will be sold to a range of Australian and global institutional investors.

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