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Friday, April 12, 2019

Chevron buying Anadarko for $33B as crude prices rise


Chevron buying Anadarko for $33B as crude prices rise



Chevron is buying Anadarko Petroleum in a $33 billion cash-and-stock deal as the company seeks to grow stronger in deep water exploration in the gulf and the energy-rich southwest region of Texas called the Permian Basin.

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Deadline for National Insurance top-ups softened

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