Chevron to buy Anadarko for $33 billion in shale push

Credit: Reuters- Published on April 12, 2019
Chevron Corp unveiled a $33 billion takeover of Anadarko Petroleum Corp on Friday, bolstering its position in shale oil and liquid natural gas production with the biggest industry merger since Royal Dutch Shell bought BG Group in 2016.
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Credit: Reuters Studio
Published on April 12, 2019 -  01:08
Chevron to buy Anadarko for $33 billion
Chevron on Friday said it will buy Anadarko Petroleum for $33 billion in cash and stock to bolster its position in shale oil and the liquid natural gas (LNG) market with the biggest industry merger since Royal Dutch Shell bought BG Group in 2016. Yahaira Jacquez reports.

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