Chevron to Become Western Energy Juggernaut with Anadarko Acquisition, an Industrial Info Market Brief

Chevron's $33 billion acquisition of Anadarko will put Chevron in direct competition with Shell for the position of number 2 producer in the West. The move will increase Chevron's offshore and LNG holdings as well as augment its Permian Basin ownership. The deal has been approved by board of directors for both companies. Click here for the list of Chevron and Anadarko projects tracked by Industrial Info.