Skip to main content

Chevron acquires Noble Energy

Published by , Senior Editor
Hydrocarbon Engineering,


Chevron Corp. has announced that its acquisition of Noble Energy Inc. has been completed following approval by Noble Energy shareholders.

“We are pleased to welcome Noble Energy’s employees and shareholders to Chevron. Noble’s high-quality assets complement Chevron’s advantaged upstream portfolio, and the combination is expected to deliver strong financial benefits,” said Chevron Chairman and CEO Michael Wirth.

“With an industry-leading balance sheet and a track record of capital discipline, we believe we’re in a different place than others and can protect the dividend while driving long-term value,” added Wirth.

Read the article online at: https://www.hydrocarbonengineering.com/refining/09102020/chevron-acquires-noble-energy/

You might also like

TotalEnergies and SINOPEC join forces to produce SAF

TotalEnergies and China Petroleum and Chemical Corp. (SINOPEC) have signed a Heads of Agreement (HoA) to jointly develop a sustainable aviation fuel (SAF) production unit at a SINOPEC's refinery in China.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Downstream news