Chevron Bows Out Of Anadarko Fight, Oxy Jet Trip Suggests Shell Might Step Up
Chevron Bows Out Of Anadarko Fight, Oxy Jet Trip Suggests Shell Might Step Up
A report that Occidental Petroleum’s corporate jet traveled to the Hague, one of Shell’s two home towns, has sparked a fresh flare-up of speculation regarding its proposed acquisition of Anadarko, CNBC reports, citing an unnamed source.
The news comes after reports on Thursday suggest that Chevron is bowing out of the fight to acquire Anadarko, despite some analysts thinking that it would up...