Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Chevron Sells Africxan Oilfield and Pipeline For $1.3 Bln

Chevron Corp., the world’s third-largest energy producer by market value, sold its stakes in an African oilfield and pipeline for $1.3 billion.

Chevron sold a 25 percent stake in an oil concession in southern Chad that produced about 18,000 barrels of crude daily, the San Ramon, California-based company said in a statement today. That equated to less than 1 percent of Chevron’s worldwide output last year, according to data compiled by Bloomberg.

The transaction also involved divestiture of Chevron’s interest in a pipeline that connects the Chadian oilfield to a port on Cameroon’s coast.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.