SAUDI ARABIA/KUWAIT

Chevron ‘On Verge Of Quitting’ Neutral Zone

Chevron’s Saudi Arabian unit, Saudi Arabian Chevron, has reportedly told its Kuwaiti partner that it plans to shut down joint oil field operations in the Neutral Zone shared by Saudi Arabia and Kuwait in early May, amid mounting problems that have hampered production.

The dispute between the two Opec allies has been rumbling for some time and Chevron has been caught in the middle.

Reports of a possible...