Chevron Corp's $1b sale of Chinese offshore oil fields said to stall

Chevron Corp's $1b sale of Chinese offshore oil fields said to stall

The logo of Dow Jones Industrial Average stock market index listed company Chevron (CVX) is seen in Los Angeles, California, United States, April 12, 2016. REUTERS/Lucy Nicholson

Chevron Corp.’s sale of its stakes in Chinese offshore oil fields operated by state-owned CNOOC Ltd. has stalled, people with knowledge of the matter said.

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