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Chevron in talks to buy stake in Brazil's Ipiranga, Brazil Journal reports
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Chevron in talks to buy stake in Brazil's Ipiranga, Brazil Journal reports
Mar 11, 2026 6:57 AM

SAO PAULO, March 9 (Reuters) - Oil producer Chevron ( CVX )

is in advanced talks with Brazilian conglomerate

Ultrapar to purchase a 30% stake in fuel distributor

Ipiranga, Brazil Journal reported on Monday, citing two sources

familiar with the matter.

Chevron ( CVX ) and Ultrapar did not immediately respond to

requests for comment.

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