Chevron to sell assets for $6.5 billion, exits Canadian shale
Chevron Canada Ltd., an indirect subsidiary of Chevron, will sell its 20% non-operated interest in the Athabasca Oil Sands Project and its 70% operated interested in the Duvernay shale to Canadian Natural Resources Ltd. (NYSE: CNQ) in an all-cash transaction.
This is reported in the Voyager press release. As part of the deal, Voyager acquired the Panola, Rusk and Harrison shale gas assets in Texas and Caddo in Louisiana, which form the basis of the ...
According to sources familiar with the situation, Validus Energy, a privately held oil and natural gas producer, has agreed to purchase Citizen ...
ExxonMobil Corporation (XOM), the U.S. energy giant, is reportedly looking to sell a package of conventional oil assets in the Permian Basin, aiming to streamline its portfolio and focus on shale ...
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 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 agreed to sell its stakes in some oil sands and shale assets to Canadian Natural Resources for US$6.5 billion. Read ...
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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