Chevron Seeks Buyers for 50% Stake in Singapore Refiner SRC, Sources Say

Chevron seeks buyers for 50% stake in Singapore refiner SRC, sources say

The potential sale comes as Chevron restructures globally to reduce costs. Read more at straitstimes.com.

Chevron Seeks Buyers for 50% Stake in Singapore Refinery, Sources say - Energy News, Top Headlines, Commentaries, Features & Events

Summary Chevron looking to sell refinery stake amid global restructuring Refinery partner PetroChina has first right of refusal on stake Chevron also gauging interest to sell other Asia assets Stake value estimated in $300 million to $500 million range SINGAPORE, (Reuters) – U.S. oil major Chevron  has sought non-binding bids for the sale of its 50% ...

Chevron seeks buyers for 50% stake in Singapore refinery: sources

US oil major Chevron has sought non-binding bids for the sale of its 50 per cent stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina, eight sources familiar with the matter told Reuters.