Chevron buys Anadarko in USD 33 billion bet on shale oil and LNG
In a massive bet on the Permian shale oil and LNG region, oil major Chevron is set to buy Anadarko for USD 33 billion. The acquisition puts Chevron among dominant oil players such as Exxonmobil and Shell in terms of scale.
BY KIMBERLY YUEN, JAVIER BLAS AND KELLY GILBLOM, BLOOMBERG
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