Canadian Natural Resources Expands With Chevron Canada Ltd. Acquisition
Tuesday, 8 October 2024, 02:00
Canadian Natural Resources Boosts Portfolio
Canadian Natural Resources Ltd. is set to acquire significant assets from Chevron Canada Ltd. in a groundbreaking deal valued at US$6.5 billion. This acquisition not only highlights the company's robust strategy in the oil and gas sector but also enhances its operational capabilities.
Details of the Transaction
- Transaction amount: US$6.5 billion
- Current working interest increase: 90 percent
- Focus on energy sector: Strengthening resources
This $6.5B acquisition continues to emphasize the importance of energy investment and infrastructure development in Canada’s natural resources sector.
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