The Prize for Winning Energy’s Biggest Takeover Battle? An Oil Field Half the Size of California 

The Chevron vs. Occidental battle to buy Anadarko Petroleum is the biggest, twistiest corporate takeover tussle the energy industry has seen in years. But it’s not just entertainment: at stake is nothing less than a battle for the heart of the U.S. shale boom. The prize is the right to dominate the Permian Basin, a […]

Chevron and Exxon Mobil to Sharply Increase Fracking

The U.S. has become the world’s largest oil producer, according to the Energy Information Administration. One of the reasons is fracking. The technique, formally called hydraulic fracturing, uses high-pressure liquids to crack rock formations deep in the earth to release liquid. It’s been a big driver of new oil production in the U.S., according to […]