The oil industry, known for boom-bust cycles, is resisting the temptation to pump more oil — for now.
Tag: Wirth, Michael K
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.
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.