The Rising Influence of Rising Affluence

[DewDiligence]

CVX continues divestitures of “non-core” assets—(PR issued yesterday):

https://finance.yahoo.com/news/chevron-sells-azerbaijan-assets-mol-180600191.html

Chevron Corporation announced today that its affiliate companies have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli (ACG) oil fields (including interests in the Western Export Route Pipeline) and the Baku-Tbilisi-Ceyhan (BTC) oil pipeline located in Azerbaijan, to MOL Hungarian Oil and Gas PLC for a consideration of $1.57 billion.

This line from the same PR is amusing:

In this context, "consideration" means the negotiated sale price.

In other words, the stated amount ($1.57B) does not include a bribe.