Tuesday 7 October 2014

Chevron brings Kuwaiti partners to Canadian shale

OIL AND GAS
Chevron brings Kuwaiti partners to Canadian shale
San Ramon, Calif. (UPI) Oct 6, 2014 - A portion of Canadian shale natural gas acreage was sold to a Kuwaiti energy company for $1.3 billion, the Canadian subsidiary of Chevron said Monday. "This sale demonstrates our focus on strategically managing our portfolio to maximize the value of our global upstream businesses and is consistent with our partnership strategy," Jay Johnson, a senior vice president for upstream operatio ... more


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