U.S. oil and gas major Chevron Corp has put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3 billion, would be the biggest deal involving Myanmar assets to date, financial sources familiar with the matter said. The sale, part of Chevron’s efforts to preserve cash and retreat from non-core assets in the wake of sliding oil prices, is seen as setting the tone for future deals in a country that is opening up for business after historic elections last year. San Ramon, California-based Chevron is working with an U.S investment bank on the deal, the sources said, declining to be identified as the sale process has not been made public. Chevron, which has been operating in Myanmar for about two […]