Chevron Sells Canadian Assets For $6.5 Billion

U.S. oil major Chevron (CVX) has sold some of its Alberta oil sands assets to Canadian Natural Resources (CNQ) for $6.5 billion. The sale concerns Chevron’s 20% interest in the Athabasca Oil Sands Project and a 70% holding in the Duvernay shale project, both located in Alberta. The all-cash sale is expected to close by year’s end, according to Chevron. The asset sale comes as Chevron focuses its growth on the Permian basin in Texas and the Tengiz oil field in Kazakhstan, where a $48.5 billion U.S. expansion is almost completed. Chevron is also in the process of buying Hess Corp. (HES) for $…

Fortis Raises Its Dividend and Forecasts Many More to Come

One of the best dividend stocks you can own on the TSX is that of utility giant Fortis (TSX:FTS)(NYSE:FTS). The company’s resilient and consistent operations make it a great option for income investors who seek reliable dividend payments. It’s a fairly low-risk stock to own, especially if you’re after a high payout. Fortis’ dividend yields 4.1%, which is better than what you’ll get with most other stocks, and it’s far higher than the 1.3% yield that the S&P 500 averages. But what makes the stock even more special are its prospects for future dividend…

Rwanda begins Marburg vaccinations to curb deadly outbreak – CNBCAfrica.com

Rwanda begins Marburg vaccinations to curb deadly outbreak  CNBCAfrica.comRwanda starts vaccine trials against deadly Marburg virus  BBC.comWhat to Know About the Marburg Virus Disease Outbreak  The New York TimesRwanda begins vaccination drive to curb Marburg virus outbreak  Al Jazeera EnglishAn Ebola-like virus is spreading in Rwanda. Why isn’t there an approved vaccine for Marburg?  Vox.com