News
07 October 2024

Chevron to sell assets worth $6.5bn to Canadian Natural Resources

In:
Oil & gas
Region:
Americas

Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion.The all-cash transaction, which is expected to close in the fourth quarter, is a part of its strategy to divest $10 billion to $15 billion of assets by 2028. The assets, located in...

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