Trending: Chevron to Sell Oil Sands, Shale Assets for $6.5 Billion to Canadian Natural
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Dow Jones
14:05 ET -- Chevron is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The company's Chevron Canada unit agreed to sell its 20% interest in the Athabasca Oil Sands Project and a 70% interest in the Duvernay shale to Canadian Natural Resources for $6.5 billion. The all-cash transaction has a Sept. 1 effective date and is expected to close by the end of the year. Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)
(END) Dow Jones Newswires
October 07, 2024 14:20 ET (18:20 GMT)
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