Chevron expands lead in the Permian through Anadarko takeover

Thursday, 02 May 2019

Chevron’s $33 billion takeover of Anadarko – one of the world’s largest independent oil companies – will boost its lead in the Permian Shale, and grow its midstream and LNG export business. Chevron CEO, Michael Wirth commented: “The transaction underscores our commitment to short-cycle, higher-return investments.” 

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