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News 2026-10-06 21:51 UTC

Chevron to divest midstream assets in Bakken restructuring

Chevron NYSE:CVX said on Tuesday it had agreed to sell its stakes in Hess Midstream NYSE:HESM 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 Ch…