Chevron
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Oxy has won the fight for Anadarko. Citing capital discipline as the reason, Chevron has elected not to make another bid for the independent. -
Anadarko Petroleum now plans to exit its agreement with Chevron after deeming Occidental Petroleum's revised takeover bid "superior."
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The explorer has so far encountered 400 ft of reservoir pay zone in an area where it has three other producing fields.
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Keen on Anadarko for a while, Occidental Petroleum is ready to do battle with Chevron for the big independent.
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Chevron’s $50-billion purchase of Anadarko will make it the second-place ultra-major, behind ExxonMobil.
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Data volumes are growing at an exponential rate. How can high-performance computing solutions help operators manage these volumes? Will faster, stronger processors and cloud computing solutions be the answer?
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The US majors plan to produce around 1 million BOE/D each from the basin, which has become a primary focus of their upstream operations.
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Chevron plans to set greenhouse gas emissions targets and tie executive compensation and rank-and-file bonuses to the reductions, the oil major said in its latest climate report.
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The backing of one of the world’s largest oil and gas companies aims to put this emerging digital technology on the path to widespread adoption.
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Chevron, ConocoPhillips, Equinor, Shell, and Total are among nine firms looking to explore the Pearl River Mouth Basin.
