Chevron to Divest Midstream Assets in Bakken Restructuring

  Chevron said on Tuesday it had agreed to sell its stakes in Hess Midstream and DJ Basin crude oil midstream assets as part of a broader restructuring of its Bakken midstream agreements aimed at cutting costs and boosting returns. The transaction would remove Hess Midstream from Chevron’s balance sheet, including about $3.7 billion of … Read more