Kuwait Oil Co. Pays Chevron $1.5B For Canadian Shale Stake

By Keith Goldberg (October 6, 2014, 1:22 PM EDT) -- Chevron Corp. said Monday that it's selling a 30 percent stake in its holdings in Alberta's Duvernay shale to the foreign exploration arm of Kuwait's national oil company for $1.5 billion, setting up a joint venture to tap the emerging, but potentially liquids-rich, region....

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