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Chevron to sell 50% stake in Caltex Australia
2015-03-30 01:00:00| Hydrocarbons Technology
Energy firm Chevron has agreed to sell its 50% stake in oil refining and marketing firm Caltex Australia.
Tags: sell
australia
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Caltex eyes franking credits as Chevron exits
2015-03-29 13:30:34| Oil & Gas - Topix.net
Chevron's decision to sell its 50 per cent stake in Caltex Australia will make it easier for the local fuel supplier to release franking credits to shareholders, Caltex chief financial officer Simon Hepworth says. Speaking after the $4.6 billion block sale, Caltex management sought to assure investors that the company's broader business strategy would be unchanged, despite the departure of its US-domiciled major shareholder, which has held its stake for 40 years.
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credits
exits
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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.
Tags: selling
stake
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caltex
Chevron selling $5b stake in Caltex
2015-03-27 10:55:42| Oil & Gas - 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.
Tags: selling
stake
chevron
caltex
Chevron to sell stake in Caltex
2015-03-27 09:29:13| BBC News | Business | UK Edition
US energy giant Chevron is to sell its 50% stake in Caltex Australia, the petrol station operator, for a reported 4.6bn Australian dollars ($3.6bn; 2.4bn).
Tags: sell
stake
chevron
caltex