Exxon Mobil has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian oil and gas companies seeking to capitalize on the recent collapse in oil prices.
) has relaunched the sale of its stake in Azerbaijan’s largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian oil and gas companies seeking to capitalize on the recent collapse in oil prices.
While Exxon’s sale process was never officially suspended, it was put on the backburner when Chevron started negotiations with Hungarian energy firm MOL MOLB.BU for the sale of its assets last year, which led to a $1.57 billion deal in November. Exxon routinely evaluates its producing portfolio and “if other companies find more value in an asset, we will sell,” she added.
A spokesman for SOCAR, Azerbaijan’s national oil company declined to comment. BAML declined to comment, and Pertamina did not respond to requests for comment. Exxon last year launched a plan to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpened its focus on a handful of mega projects at home and abroad.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Taika Waititi to Lead Star-Studded 'James and the Giant Peach' Readalong (Exclusive)Chris and Liam Hemsworth, Meryl Streep, Cate Blanchett and others will take part in the fundraiser for COVID-19 efforts in conjunction with the Roald Dahl Story Company.
Weiterlesen »
Taika Waititi to Lead Star-Studded 'James and the Giant Peach' Read-Along (Exclusive)Chris and Liam Hemsworth, Meryl Streep, Cate Blanchett and others will take part in the fundraiser for COVID-19 efforts in conjunction with the Roald Dahl Story Company.
Weiterlesen »
90 Day Fiancé: Self-Quarantined's Laura Is in a Pretty PrisonExclusive: 90 Day Fiancé: Self-Quarantined catches up with The Other Way star Laura.
Weiterlesen »
My Life Was Turned Into a Movie. Here’s What Hollywood Left Out.Actor jillianbell plays a woman determined to change her life by running the New York City Marathon in BrittanyRunsMov. What happened to the real-life Brittany after the credits rolled?
Weiterlesen »
New car registrations in Europe fall 76% in April as coronavirus lockdowns hit salesEuropean car sales fell dramatically in April as coronavirus lockdowns in the region closed car dealerships and brought a halt to manufacturing and sales, the latest industry data showed Tuesday.
Weiterlesen »