Chevron is investing in Russian oil firm
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From the Associated Press
Chevron Corp. is in the midst of making an investment of about $1 billion in Russian oil company OAO Gazprom Neft, U.S. Deputy Energy Secretary Clay Sell told a group of journalists in Moscow.
Sell declined to say more about the nature of the investment, however, leaving the details of the deal unclear.
Representatives of the two companies, which agreed this year to form a joint venture for future projects, declined to comment.
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