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Blockbuster $8.8-billion Chevron deal further consolidates Canadian control over oilsands

The move continues a trend of consolidation of ownership in the Canadian oilsands

By: financialpost.com

Oct 07 2024
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Blockbuster $8.8-billion Chevron deal further consolidates Canadian control over oilsands

In a blockbuster deal dwarfing all other transactions in the oilsands this year, Chevron Corp. has agreed to sell its stakes in Western Canada to Canadian Natural Resources Ltd. for US$6.5 billion. Read More

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US Inflation Progress Gets Harder in Last Mile Down