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.
Canadian Natural Resources Ltd.’s $6.5 billion acquisition from Chevron Corp. marks the latest in a string of deals that has ...
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 ...
Chevron signed a deal to divest stakes in producing and undeveloped oil sand, liquid and gas properties in Alberta to ...
Chevron Corp. agreed to sell its stakes in oil sands and shale assets to Canadian Natural Resources Ltd. for $6.5 billion.
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 sold its oil sands and shale assets in Canada to Canadian Natural Resources for $6.5 billion as part of its portfolio optimization strategy.
Chevron is selling its stakes in some oil-sands and shale assets to Canadian Natural Resources for $6.5 billion, driving ahead with its effort to refocus its operations and adding to the wave of ...
Chevron plans to sell its stakes in oil sands and shale assets to Canadian Natural Resources for $6.5 billion as part of efforts to achieve its divesting goal by 2028.
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