Hungary’s MOL in Talks for Chevron’s $2 Billion Stake in Giant Azeri oilfield
Hungarian energy firm MOL MOLB.BU is in talks to acquire Chevron’s (CVX.N) stake in a giant oilfield in Azerbaijan for more than $2 billion, according to three banking and industry sources involved in the process. Both Chevron and its larger U.S. rival Exxon Mobil (XOM.N) are seeking to sell their …