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Digging Into Oil Sands Divestment - The New York Times
On Wednesday, BlackRock, the world’s largest asset manager, announced one of its fast-growing green-oriented funds would no longer put money into companies that get revenue from the oil sands in ... Read More
Canada's Teck eyes spinoff or divestment of Fort Hills oil sands stake
Canada's Teck Resources said on Thursday it could pursue a spinoff or divestment of its stake in the Fort Hills oil sands project if the value of the asset is not reflected in Teck's share price. Read More
Chevron to Sell Canadian Oil Sands and Shale Assets for $6.5 Billion
Chevron has decided to sell oil sands and shale assets in Canada to Canadian Natural Resources Limited for $6.5 billion in cash, as part of the U.S. supermajor’s plan to sell off assets and ... Read More
Japanese oil producer eyes Canada divestment as M&A picks up
Japanese state-backed oil producer Japan Petroleum Exploration Co (Japex) (1662.T) is considering a sale among other options for its Hangingston oil sands project in Canada, a company spokesperson ... Read More
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