Chevron to Sell Oil Sands Stakes to Canadian Natural in $6.5B Deal
Chevron Canada Ltd. announced Monday that it has agreed to sell its stakes in the Athabasca Oil Sands Project and the Duvernay shale to Canadian Natural Resources Ltd. for $6.5 billion. This all-cash transaction is part of Chevron’s broader divestment strategy to optimize its global energy portfolio,
Chevron Canada Limited, an indirect subsidiary of Chevron Corporation ("Chevron"), announced today that it and a related ...
Canadian Natural Resources Ltd. (TSX:CNQ) announced it would acquire Chevron Canada Ltd.'s 20% interest in the Athabasca Oil ...
Chevron Canada Ltd has announced that it and a related entity have agreed to sell their interests in the Athabasca Oil Sands ...
Notably, Brent crude oil prices are projected to stabilize around $82 per barrel, a modest increase from $81 in 2023, signaling a return to pre-pandemic levels. Despite some volatility ...
Chevron Canada, an indirect subsidiary of Chevron (CVX), said the company and a related entity have entered into a definitive ...
Wood Mackenzie offers a comment on Chevron moving closer to Canadian divestment target with US$6.5 billion asset sale to CNRL ...
Used in previous centuries for tasks ranging from waterproofing canoes to paving roads, the abundant bitumen found in Alberta's Athabasca Oil Sands may serve another purpose: securing Canada's ...
The oil company's fortress-like balance sheet is about to get even stronger. Chevron has agreed to sell its Canadian assets ...
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