Chevron to Sell Oil Sands, Shale Assets
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 Monday. The all-cash transaction, which is expected to close in the fourth quarter,
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 helped make it the country’s largest oil producer and brought Alberta’s massive oil sands deposits almost entirely under local control.
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 Canadian Natural for $6.5 billion.
Chevron to Sell Oil Sands, Shale Assets for $6.5 Billion to Canadian Natural
Chevron’s Canada unit 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 divesting goal by 2028.
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 billion in an all-cash deal. This divestiture is part of Chevrons plan to raise $10-$15 billion
Chevron Sells Oil Sands and Shale Assets to CNR 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.
Chevron Strikes $6.5 Billion Deal to Offload Canadian Oil Sands, Shale Assets
Chevron (CVX) is offloading some of its Canadian assets and interests as it continues plans to slim down its global energy portfolio through divestments, it said Monday. The oil giant's subsidiary, Chevron Canada,
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 ...
Climate Activists Turn Up the Heat as Oil Sands Go Silent on Emissions
In June this year, a Canadian oil industry association struck back at the federal government by removing all information about emission-cutting ...
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Greenfire Resources Ltd. (GFR): Leading the Athabasca Oil Sands with SAGD Technology
The company’s strategic focus on oil and gas development in the Athabasca oil sands region of Alberta, combined with its innovative use of Steam-Assisted Gravity Drainage (SAGD) technology ...
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Chevron to Sell Oil Sands, Shale Assets to Canadian Natural for $6.5 Billion — Update
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 ...
Crude Oil Prices1d
Chevron to Sell Canadian Oil Sands and Shale Assets for $6.5 Billion
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 to Sell Oil Sands and Shale Assets for $6.5 Billion to Canadian Natural
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.
Canadian Natural Resources Limited Announces the Acquisition of Chevron's Alberta Assets and a 7% Dividend Increase
In addition, Canadian Natural has also agreed to acquire, subject to regulatory approvals, Chevron's 70% operated working interest of light crude oil and liquids rich assets in the Duvernay play in ...