MARKETS

Chevron closes Noble Energy acquisition

US MAJOR oil and gas producer Chevron Corp has completed its buy of Noble Energy valued at US$5 billion, in what was the first large merger and acquisition since the pandemic began and the oil price crashed.

Chevron closes Noble Energy acquisition

Chevron and Noble Energy signed a merger agreement in July. While the transaction was worth US$5 billion, the deal was an all-stock merger.  The merger was subject to approval by Noble shareholders,...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.