Web Sify
Follow us on
Sify.com » Topics » Statoil
Statoil News
Chevron to buy Atlas Energy, take over RIL joint venture
Chevron to buy Atlas Energy, take over RIL joint venture
Chevron Corp agreed to buy U.S. natural gas producer Atlas Energy for $3.2 billion, excluding debt, becoming the latest energy giant to break into the lucrative Marcellus shale field. The field in Pennsylvania and surrounding states, one of the largest U.S. natural gas finds in decades, has attracted a crush of industry heavyweights that are betting that the fuel will become a key global energy