Monday, January 19th, 2026

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

HoR elections: Code of conduct comes into force

KATHMANDU: With 45 days remaining until the House of Representatives

Sonam Lhosar being celebrated today

KATHMANDU: The Tamang community is celebrating Sonam Lhosar, the New

Foreign Interference or Internal Political Failure?

Nepal stands at a critical junction, caught between competing nationalist

Rabi and Balen to address mass assembly in Janakpur today

JANAKPURDHAM:  The Rastriya Swatantra Party (RSP) is set to organize

CPN-UML Chair Oli to visit Damak today

KATHMANDU: CPN-UML Chairperson KP Sharma Oli is scheduled to visit