Saudi-Kuwaiti Talks on Shared Oil Stall Over Chevron
- Talks stall on renewed pumping at Wafra, Khafji fields: people
- Shared deposits could help OPEC meet a global shortfall
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Talks between Saudi Arabia and Kuwait to restart two oil fields in a neutral zone between the countries have stalled again, this time over the role of Chevron Corp., according to people familiar with the matter.
Energy ministers from both nations met in Kuwait on Sunday, seeking a resolution over Khafji and Wafra, which were halted in 2014 and 2015, respectively. Among the unresolved issues is Kuwait’s insistence that Chevron no longer operate at Wafra, the people said, asking not to be identified discussing private matters.