Investors are shunning the industry as prices fall, demand slows and fears grow that climate change will force companies to leave fossil fuels untapped. Source: NYT > Business – Clifford Krauss
Anadarko Says It Now Favors Occidental Bid Over Chevron
Occidental and Chevron are competing to acquire Anadarko and its holdings in the Permian Basin. Chevron will now have four days to improve its bid. Source: NYT > Business – CLIFFORD KRAUSS