Reuters at Yahoo!Finance is reporting:
U.S. oil major Chevron has divested its assets in Lithuania and pulled out of the country, the company said on its website.
Chevron won a
tender to explore for shale gas in the Baltic state in 2013, but pulled
out from the tender later citing an uncertain legal framework.
"Chevron
closed its office in Vilnius, Lithuania. The company has divested its
50 percent equity interest in LL Investicijos," the U.S. company said in
a statement on the website of its former office in Lithuania.
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