Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private equity firms, according to people familiar with the matter.
oil and gas industry
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Fresh investments were promised by BP and Reliance Industries in oil and gas.
Whiting Petroleum Corporation had announced today signing a definitive agreement for its acquisition of several properties in Williston Basin, North Dakota.
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
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