Chevron announces agreement to purchase Anadarko

This acquisition for a total value of $ 50 billion (the cost of repurchase + the repurchase of Anadarko’s debt) will strengthen the position in shale oil and liquefied natural gas.
Thanks to this purchase, Chevron will get its hands on a very important natural gas field in Mozambique, on various oil fields in Algeria as well as Ghana and South Africa. It should be noted that this operation will enable Chevron to become the world’s second largest oil company.