Politics www.nytimes.com Oil industry turns to mergers and acquisitions to survive With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.
Politics www.nytimes.com Chevron’s purchase could unlock Israel's natural gas bonanza The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.
Politics www.nytimes.com Chevron deal for oil and gas fields may set off new wave of mergers With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.