Chevron to Bid $200 Million for Kurdish Oil Blocks: Sunday Times
By Emma Charlton -
2012-07-15T10:13:59Z
Chevron Corp. (CVX), the second-largest U.S. energy company, may buy the rights to two oil exploration zones in Iraq’s Kurdish region from Reliance Industries Ltd. (RIL), the Sunday Times reported, without saying where it got the information.
The deal, which may be announced this week, is worth at least $200 million, the newspaper reported.
Total SA (FP) may buy a stake in oil fields in the region from WesternZagros Resources Ltd. (WZR), the Sunday Times said.
To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net
To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.