athabasca oil sands news

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,

The Globe and Mail · 2h

Canadian Natural Resources signs deal to buy Chevron’s Alberta assets for US$6.5-billion

The deal includes Chevron’s 20 per cent interest in the Athabasca Oil Sands Project, and will bring Canadian Natural’s total interest in the operations to 90 per cent

YAHOO!Finance · 13h

Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale

Chevron Canada Limited, an indirect subsidiary of Chevron Corporation ("Chevron"), announced today that it and a related entity have entered into a definitive agreement to sell their 20 percent non-operated interest in the Athabasca Oil Sands Project,

Morningstar16h

Chevron to Sell Oil Sands, Shale Assets to Canadian Natural for $6.5 Billion — Update

oil major, said Monday it agreed to sell its 20% interest in the Athabasca Oil Sands Project and a 70% interest in the Duvernay shale. Both are located in the province of Alberta. The all-cash ...

12h

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.

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