Chevron to sell assets for $6.5 billion, exits Canadian shale
Chevron Canada Ltd., an indirect subsidiary of Chevron, will sell its 20% non-operated interest in the Athabasca Oil Sands Project and its 70% operated interested in the Duvernay shale to Canadian Natural Resources Ltd. (NYSE: CNQ) in an all-cash transaction.
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 agreed to sell its stakes in some oil sands and shale assets to Canadian Natural Resources for US$6.5 billion. Read ...
Chevron sold its oil sands and shale assets in Canada to Canadian Natural Resources for $6.5 billion as part of its portfolio optimization strategy.
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