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Chevron in Talks With Iraq, Libya to Evaluate Exploration Opportunities

Business & Policy
January 31, 2026

Chevron CEO Mike Wirth said on Friday the U.S. oil major was in discussions with the governments of Iraq and Libya to look at existing producing oilfields and evaluate exploration opportunities.

The company needed to see compelling investment return potential in those countries, Wirth added.

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Reporting by Vallari Srivastava in Bengaluru and Sheila Dang in Houston; Editing by Shreya Biswas