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Chevron walking away from Anadarko, with $1B in its pocket
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oil supermajor

  • Joe Barone, Shale Directories
  • Blog
  • May 9, 2019

Chevron walking away from Anadarko, with $1B in its pocket

In a much expected move, oil supermajor Chevron said this morning it will not counter the higher bid made for Anadarko Petroleum by Occidental Petroleum, contrent to walk away from the deal with a $1 billion breakup fee, Kallanish Energy reports.
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