Chevron to Sell Oil Sands, Shale Assets for $6.5 Billion to Canadian Natural
Spread the loveChevron has announced the sale of its oil sands and shale assets in Canada to Canadian Natural Resources Limited (CNRL) for a staggering $6.5 billion. The deal marks a significant shift for the energy giant,
Chevron to Sell Assets for $6.5 Billion to Canadian Natural Resources
Chevron's Canadian assets, located in Alberta, contributed 84,000 barrels of oil equivalent per day (boepd) of production to Chevron in 2023. The Duvernay is one of Canada's top shale plays. After the deal, Canadian Natural will own 90% of the Athabasca Oil Sands project, while Shell owns the rest.
The oil company's fortress-like balance sheet is about to get even stronger. Chevron has agreed to sell its Canadian assets ...
Chevron Canada Limited (“CCL”) announced today that it and Chevron Canada Oil Sands Partnership (“CCOSP”) have entered into a ...
Chevron signed a deal to divest stakes in producing and undeveloped oil sand, liquid and gas properties in Alberta to ...
The pan-European STOXX 600 was down 0.55 per cent in morning trading. Britain’s FTSE 100 lost 1.13 per cent, Germany’s DAX ...
Canadian Natural Resources Ltd.’s $6.5 billion acquisition from Chevron Corp. marks the latest in a string of deals that has ...
Chevron has agreed to sell its interest in the Athabasca oil sands project and Duvernay shale in a $6.5 billion deal, it said ...
Chevron has announced the sale of its Athabasca Oil Sands and Duvernay Shale assets to Canadian Natural Resources for $6.5 ...
Chevron Canada Limited, an indirect subsidiary of Chevron Corporation ("Chevron"), announced today that it and a related ...
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