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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
KATHMANDU: The tiger responsible for the death of 72-year-old Kanchhi
KATHMANDU: Nepal Rastra Bank (NRB) reports that around 180,000 Nepalis
KATHMANDU: The 12th National Dress and Topi Day is being
KATHMANDU: Four committees of the Federal Parliament convene today at
KATHMANDU: Nepal Oil Corporation (NOC) has announced a hike in
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