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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

Gagan Thapa unveils 29 proposals for NC reform

NC President Thapa outlines 29 proposals at Central Working Committee

Two arrested with over 2.5 tonnes of marijuana in Sunsari

SUNSARI: Police have arrested two people with 2,566 kg of

World Egg Day being observed with week-long programmes

CHITWAN: The Nepal Layers’ Poultry Farmers Association is observing World

Over 8,000 people obtain national identity cards in Jumla

JUMLA: A total of 8,060 people in Jumla obtained national

Two dead, one rescued after being buried in mudslide

BAGLUNG: Two of the three workers buried when a mound