Ali Moshiri: Chevron's Asset Manager

The downturn has the supermajor's man in Latin America and Africa taking a fresh look at his portfolio – shale is up, deep water is down

RUNNING Chevron’s business in Latin America and Africa isn’t for the faint of heart. Over decades the company has successfully chased new reserves in parts of the world where others feared to tread, overwhelmed by tectonic political shifts and economic crises. Chevron was the only supermajor to stick out Hugo Chavez’s oil nationalisations in Venezuela. It grabbed a prime slice of Argentina’s Vaca Muerta shale by being first to move in after YPF’s nationalisation. In Colombia, it has produced through years of violent insurrection. It withstood Nigeria’s toxic oil politics and repeated pipeline attacks. Throw a crushing price collapse into the mix and it might be enough for some to consider a