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Chevron to Sell Oil Sands, Shale Assets
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.
Chevron Sells Canada Oil Sand, Shale Assets for $6.5 Billion
Chevron Corp. agreed to sell its stakes in oil sands and shale assets to Canadian Natural Resources Ltd. for $6.5 billion.
9h
Chevron's $6.5 Billion Deal Will Further Fortify Its Financial Foundation
The oil company's fortress-like balance sheet is about to get even stronger. Chevron has agreed to sell its Canadian assets ...
1d
on MSN
Chevron Canada Limited announces US$6.5 billion sale of its interests in the Athabasca Oil Sands Project and Duvernay shale
Chevron Canada Limited (“CCL”) announced today that it and Chevron Canada Oil Sands Partnership (“CCOSP”) have entered into a ...
Rigzone
10h
Chevron to Sell Oil Sands, Duvernay Assets for $6.5B to Canadian Natural
Chevron signed a deal to divest stakes in producing and undeveloped oil sand, liquid and gas properties in Alberta to ...
11h
Business Brief: A different kind of oil sands gusher
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 ...
1d
CNRL’s $6.5 Billion Chevron Deal Extends Oil Sands Buying Spree
Canadian Natural Resources Ltd.’s $6.5 billion acquisition from Chevron Corp. marks the latest in a string of deals that has ...
1d
on MSN
Chevron to Sell Oil Sands, Shale to Canadian Natural Resources in $6.5 Billion Deal
Chevron has agreed to sell its interest in the Athabasca oil sands project and Duvernay shale in a $6.5 billion deal, it said ...
EconoTimes
12h
Chevron Sells Canadian Oil Sands and Shale Assets for $6.5 Billion
Chevron has announced the sale of its Athabasca Oil Sands and Duvernay Shale assets to Canadian Natural Resources for $6.5 ...
1d
Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale
Chevron Canada Limited, an indirect subsidiary of Chevron Corporation ("Chevron"), announced today that it and a related ...
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