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.