Monday, December 22nd, 2025

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

‘Cross Border Tourism Council’ set to be formed to boost Nepal–India tourism

NEPALGUNJ: A joint platform named the ‘Cross Border Tourism Council’

Parties divided over polls as RSP seeks security guarantee, UML doubts feasibility

KATHMANDU: Sharp divisions among political parties surfaced on Monday over

Oli meets Deuba as all-party talks continue at Singha Durbar

KATHMANDU: While an all-party meeting called by Prime Minister Sushila

MCA-Nepal signs two contracts for road maintenance project

KATHMANDU: MCA-Nepal signed two essential contracts totaling USD 23.66 million

NEPSE falls 13.88 points, turnover declines

KATHMANDU: The Nepal Stock Exchange (NEPSE) index declined by 13.88