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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

Election Commission cautions against pre-poll surveys and victory predictions

KATHMANDU: Acting Chief Election Commissioner Ram Prasad Bhandari has expressed

Dharmendra Bastola arrested over alleged anti-election activities

KATHMANDU: Police have arrested Dharmendra Bastola, General Secretary of the

PM Karki orders alternative plan for Kathmandu–Tarai–Madhesh Expressway amid Khokana dispute

KATHMANDU: Prime Minister Sushila Karki has instructed officials to move

Ghising urges voters to back performance over speeches ahead of polls

KATHMANDU: Kulman Ghising, chair of the Ujyalo Nepal Party, on

RSP deputy chair Aryal unveils manifesto for Kathmandu-9

KATHMANDU: Dol Prasad Aryal (DP Aryal), deputy chair of the