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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

Nepali Congress CWC approves Gagan Thapa’s political report

KATHMANDU: The Central Working Committee of the Nepali Congress has

Gold price falls by Rs 400 per tola

KATHMANDU: The price of gold, which fell by Rs 2,900

Cabinet meeting scheduled for today

KATHMANDU: A meeting of the Council of Ministers is scheduled

Gagan Thapa unveils 29 proposals for NC reform

KATHMANDU: Nepali Congress (NC) President Gagan Kumar Thapa has presented

Two arrested with over 2.5 tonnes of marijuana in Sunsari

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