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Chevron Has No Plans to Shrink Oil and Gas Business
Chevron will invest some $3 billion into lowering emissions between now and 2028—a figure it expected to grow, CFO Pierre Breber said at the Reuters Events Global Energy Transition conference.
Chevron Completes $13 Billion Takeover of Noble Energy
The acquisition of Noble Energy makes Chevron the No. 2 U.S. shale oil producer behind EOG Resources Inc. and gives it nearly 1 Bcf of international natural gas reserves close to growing markets.
PATH FORWARD: Evercore’s James West on Chevron-Noble Energy Deal, Shale Outlook
“M&A has started to pick up. You saw a deal announced with Chevron buying Noble. We would expect to see more of those,” James West, senior managing director of Evercore ISI, says.