Exxon, Chevron seek to exit Azerbaijan’s oil after 25 years

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Exxon, Chevron seek to exit Azerbaijan’s oil after 25 years
06 December 2018, News Wires — Exxon Mobil and Chevron are seeking to sell their stakes in Azerbaijan’s largest oilfield, marking the retreat of the U.S. majors from the former Soviet state after 25 years as they re-focus on domestic production. Exxon is hoping to raise up to $2 billion from the sale of its 6.8 … More »
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