Telegraph.co.uk | Glencore to spend $1bn on Chevron's southern African oil assets Telegraph.co.uk Glencore is to spend $973m (£743m) buying a majority stake in Chevron's oil assets in South Africa and Botswana, just days after shoring up its grip on a Peruvian zinc miner. The deal will see Glencore take 75pc ownership of Chevron's refineries ... Glencore's Double Deal Week Adds African Oil and Peru Zinc |