SAN RAMON, US: Chevron Corporation (CVX) said that its wholly-owned subsidiaries have completed the sale of Chevron's geothermal business in Indonesia to Star Energy Consortium.
Chevron received the cash proceeds from a settlement and will reflect the gain in first quarter 2017 results. The conclusion of the sale of Chevron's geothermal business in the Philippines is expected later in 2017.
© Worldofchemicals News
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