Chevron is selling a major stake in its East Texas assets as part of its plans to divest $10 billion to $15 billion in assets. Houston-based Chevron Corp. (NYSE: CVX) has sold a 70% stake in its East ...

Chevron Corporation’s CVX subsidiary, Chevron U.S.A. Inc., recently concluded a significant transaction that highlights its ongoing strategic realignment and asset optimization efforts. The Houston, ...

Chevron Corporation subsidiary Chevron USA Inc. has completed the divestment of a 70 percent interest in its East Texas assets to ... with TGNR and an overriding royalty interest in the assets.

Additionally, the deal ensures that CVX maintains an overriding royalty interest in the East Texas gas assets ... makes them ideal partners for CVX in this joint venture.