Chevron To Expand In Permian Basin, Acquiring Anadarko Petroleum For $33 Billion
Anadarko, an oil and gas production and exploration company, has assets in Mozambique, the Gulf of Mexico and, significantly, in Texas — where multinationals are doubling down on the Permian boom.
Multinational oil giant Chevron will buy the American oil and gas production and exploration company Anadarko Petroleum in a $33 billion that strengthens Chevron's position in the booming Permian Basin.
