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via finance.yahoo.comBusiness & Companies

Chevron enters preliminary deal with Iraq's Oil Ministry for West Qurna 2 field

FROM THE WIRE · FINANCE.YAHOO.COM

Chevron (NYSE:CVX) has entered a preliminary agreement with Iraq's Oil Ministry for exclusive talks to operate the West Qurna 2 field. The deal would see Chevron take over operatorship from Russia's Lukoil at West Qurna 2, one of Iraq's supergiant oil fields. Iraqi officials…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishPossible takeover of operatorship at an Iraqi supergiant field is relevant for the oil sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Chevron entered preliminary exclusive talks to operate West Qurna 2.
  2. 02Operatorship would pass from Russia's Lukoil to Chevron.
  3. 03Iraqi officials aim to double output at the field.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Chevron CorporationCVXStock226.66 USDMarket closedtoday -0.05%Positive LKOH.MCXLKOH.MCXStock—n/aNegative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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