Philippines says Chevron unit underpaid rent for oil terminal lot
The Philippines said on Tuesday a
lease contract between a unit of Chevron Corp and a
state-run firm was “grossly disadvantageous” to the government,
after a review showed the energy company had been paying a
“minuscule” rent.
lease contract between a unit of Chevron Corp and a
state-run firm was “grossly disadvantageous” to the government,
after a review showed the energy company had been paying a
“minuscule” rent.
Posted by Reuters