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 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.
Other federal agencies whose rules may now be in question include the Equal Employment Opportunity Commission (EEOC), the ...
Despite recent profit declines, Chevron's balance sheet remains solid with $9B in cash and a low net debt-to-equity ratio of ...
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 ...
It’s not a foregone conclusion that the results will benefit corporations, Nhat Nguyen writes in a guest commentary.
Chevron is one of the largest integrated energy companies on Earth. It has an attractive 4.5% dividend yield backed by 37 ...
The Federal Trade Commission said the oil giant could acquire the smaller company as long as the chief executive of Hess did ...
Chevron Corporation (NYSE: CVX) today announced a donation of $250,000 to support immediate relief and recovery efforts after ...
Honeywell (NASDAQ:HON) and Chevron (CVX) unveiled a collaboration Tuesday aimed at enhancing refining operations with ...
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