Race for Natural Gas- Chevron Corp. to Buy Atlas Energy join hand with Reliance Industries (RIL)
Chevron Corp. (CHV), the nation’s second largest oil producer, agreed to acquire natural-gas producer Atlas Energy Inc. (ATLS) for $3.2 billion in cash to gain access to natural gas in Marcellus. The deal is worth $4.3 billion including assumed debt, which would make it Chevron’s biggest since it bought Unocal Corp. in 2005. Chevron followed [...]
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