Currents - Energy Industry Insights: Issue 38, October 2020

Noble Energy Shareholders OK $4.1B Sale to Chevron -

"The addition of Noble will boost Chevron's U.S. shale oil holdings, making it the No. 2 producer behind EOG Resources, according to data from Rystad Energy."

Why this is important: Noble Energy shareholders approved a deal to sell the company to Chevron Corp. late last week. The deal moves Chevron up the rungs to No. 2 in U.S. shale oil production, as well as provides significant reserves in expanding markets....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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