Chevron to Sell Oil Sands, Shale Assets
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.
Canadian Natural Resources buying Chevron's Alberta assets for $6.5B US
Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for $6.5 billion US.
Chevron to Sell Canadian Assets for $6.5B: Buy, Hold or Sell CVX Stock?
Under this agreement, Chevron Canada Limited will sell its 20% non-operated interest in the Athabasca Oil Sands Project and its 70% operated interest in the Duvernay shale, along with other related interests situated in Alberta,
Chevron Canada to sell assets to Canadian Natural Resources for $6.5 bn
US multinational oil and energy group Chevron Corporation on Tuesday announced plans to sell its Canadian assets in the Athabasca oil sands and Duvernay shale formation to Canadian Natural Resources
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,
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. stock rises Monday, outperforms market
Shares of Canadian Natural Resources Ltd. CNQ advanced 3.30% to C$49.81 Monday, in what proved to be an otherwise all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.
Canadian Natural Resources: Prepare For Even Higher Dividends And Cash Flows
Canadian Natural Resources announced a significant $6.5 billion acquisition of Chevron's Alberta assets. Read why I remain bullish on CNQ stock.
Osler, A&O Sherman Act for Chevron in Blockbuster $6.5 Billion Canadian Oilsands Divestiture
Bennett Jones is representing Canadian Natural Resources, which cements its dominant position in Canada's energy market with ...
Chevron Sells Canada Oil Sand, Shale Assets 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's $6.5 Billion Deal Will Further Fortify Its Financial Foundation
The oil company's fortress-like balance sheet is about to get even stronger. Chevron has agreed to sell its Canadian assets ...
The Chemical Engineer1d
Chevron agrees US$6.5bn sale of Athabasca Oil Sands Project and Duvernay shale assets
Canadian Natural will now own the 20% non-operating stake in the Athabasca Oil Sands Project (AOSP), and 70% in light crude ...
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 ...
Morningstar4d
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 ...