Chevron to Bid $200 Million for Kurdish Oil Blocks: Sunday Times
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.
To contact the reporter on this story: Emma Charlton in London at firstname.lastname@example.org
To contact the editor responsible for this story: Dick Schumacher at email@example.com
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.