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Chevron to buy Anadarko for $33 billion



WASHINGTON:  Chevron Corp on Friday said it will buy Anadarko Petroleum Corp for $33 billion in cash.

With oil prices surging this year, Chevron and larger rival Exxon Mobil Corp have been increasing investment in the Permian basin in West Texas, the most prolific shale oil field in the country.

Their efforts co-occur with a pullback by the little companies that revolutionized the industry through shale drilling, who have had to curtail spending due to investor dissatisfaction with weak returns.

Publish Date : 13 April 2019 17:58 PM

Delays, apathy and mismanagement leave millions of Pakistanis stranded in Gulf crisis

Delays, poor coordination, and lax attitude, added to the lack

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Deputy Speaker Thakur takes oath of office and secrecy

KATHMANDU: Newly elected Deputy Speaker of the House of Representatives,

Stakeholders stress urgent need to improve Kathmandu traffic management

KATHMANDU: Stakeholders have emphasized the need for improved traffic management

Nepal to host UAE for two-match T20I series ahead of CWC League 2

KIRTIPUR: The Cricket Association of Nepal (CAN) has announced that