Chevron is buying Anadarko for $33 billion in cash and stock with crude prices up 40% this year

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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. The deal, announced Friday, arrives with U.S. crude prices up 40% this year. Continue […]

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