Chevron said Thursday it will bow out and allow the smaller Occidental Petroleum to win the nearly $40 billion bidding war for Anadarko Petroleum.

Houston-based Oxy’s dogged determination allowed it to acquire The Woodlands oil and gas producer and its prized assets in West Texas’ booming Permian Basin, a move that should keep Oxy as the Permian’s top producer for the foreseeable future.

Read More

GHWCC

Greater Houston Women's Chamber of Commerce | 3201 Kirby Dr., Suite 400 Houston, TX 77098 | 713.782.3777

© 2017 Greater Houston Women’s Chamber of Commerce. All rights reserved. Powered by ASTOUNDZ