Petroleum-linked shares tumble with oil prices as Wall Street stocks finish a choppy session higher, with the S&P 500 at a second straight record.
News of the Chevron divestment comes one month after Britain's Chrysaor bought US ConocoPhillips' North Sea oil and gas assets for US$2.7 billion.
The meeting could become a proxy referendum on the US$38 billion deal, which will shave 10% off Occidental’s market value.
The haul includes US$21.4 million in accumulated pension payments, about US$8 million of severance and benefits, and equity awards worth US$35 million.
The production surge from Exxon and Chevron appears likely to further weaken OPEC’s grip on oil-market fundamentals.
The plant produces mostly gasoline and distillates such as diesel.
Results for the two biggest oil companies reflected the boon from rising prices, which averaged US$69 a barrel on international markets during the quarter, compared to just US$48 a year earlier.
The Dutch government, which says it wants to help stop tax avoidance, has come under pressure from the OECD and the European Commission to take measures to halt tax avoidance.
Melbourne-based BHP will also sell its Fayetteville operation to a Merit Energy Co unit for about US$300 million to complete its exit from the shale sector.
: Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development offshore natural gas project to focus on more promising areas in the venture.
Sonatrach first met with Exxon about a new partnership in January, according to Abdelmoumen Ould Kaddour, the company’s chief executive.
Mike Wirth and Darren Woods expressed their concerns over a possible global trade conflict.
According to one former station operator, Caltex had imposed conditions for the meeting.
Notis pemberhentian diberikan selang beberapa hari lagi sambutan Aidilfitri.
Presiden PDAM berkata syarikat itu tidak berhak menamatkan kontrak 15 pengusaha stesen minyak tanpa alasan kukuh.
Chevron berkata syarikat itu mempunyai hak untuk melanjutkan atau menamatkan kontrak runcit pada bila-bila masa.