Battle lines drawn as Oxy bids for Anadarko

US giant offers $57 billion as it looks to beat Chevron in race to take over independent

Party crasher: Occidental Petroleum is attempting to rain on Chevron’s parade after coming in with a $57 billion counterbid for Anadarko Petroleum, which has already turned its back on numerous Oxy offers
Party crasher: Occidental Petroleum is attempting to rain on Chevron’s parade after coming in with a $57 billion counterbid for Anadarko Petroleum, which has already turned its back on numerous Oxy offersFoto: RYTIS DAUKANTAS/UPSTREAM
Published 24 April 2019, 19:13Updated 25 April 2019, 10:30