Chevron to Buy Hess for $53 Billion; How To Invest in China
Bloomberg Businessweek
Current activity and trends in the energy space
This chapter discusses the current activity and trends in the energy space, focusing on Chevron and HES. It highlights the acquisition of offshore deep water positions and the concept of capital discipline. The chapter also includes discussions on the discovery of oil in a neighboring country, the acquisition of HES by Chevron, and the CEOs' views on world oil inventories and the energy transition.
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