Wirth: We have always said and will still say that anything we do would have to make us even stronger. — Bloomberg
HOUSTON: Chevron Corp’s proposed US $33bil deal for Anadarko Petroleum Corp vaults the company into top ranks of the world’s biggest oil companies and cements its chief executive, Mike Wirth, as a dealmaker.
The merger, the sixth largest energy acquisition by value, propels Chevron two spots to the second-largest major by oil output, behind Exxon Mobil Corp, according to research firms Drillinginfo and Wood Mackenzie.
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