
Chevron is reportedly considering selling its gas station business in Hong Kong
According to informed sources, Chevron is considering selling all of its gas stations in Hong Kong, and potential investors are interested in acquiring them. The American oil and gas company operates over 40 Caltex-branded gas stations in Hong Kong, and one source indicated that Chevron may seek a valuation of around $400 million for these assets. They stated that the matter is still under consideration, details may change, and an agreement may or may not be reached. A representative from Chevron Hong Kong declined to comment
