Chevron Seeks Sale of Older US Gulf Assets
Chevron is exploring the sale of mature oil and gas assets in the US Gulf to focus on newer developments. The portfolio trimming could raise around one billion dollars.
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CHEVRON CORP is marketing older oil assets in the United States Gulf to raise $1B. The energy producer aims to shift capital toward high-growth developments like Anchor and Ballymore. The portfolio trim comes as West Texas Oil prices touch a six-month high.
