Chevron exploring sale of Canada $2.5bn oil sands stake

14 April 2017, Toronto/New York — Chevron Corp (CVX.N), the second-largest U.S.-based oil producer, is exploring the sale of its 20 percent stake in Canada’s Athabasca Oil Sands project, which could fetch about $2.5 billion, according to people familiar with the situation. The company has discussed with investment banks the prospect of selling the stake […] More »