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Chevron has just acquired Anadarko
Energy

Chevron has just acquired Anadarko

Chevron Corporation has announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding of the company. Chevron said in a statement that the transaction is a stock and cash transaction valued at $33 billion, or $65 per share. Based on […]

Norman Mbazima retires at Anglo American
Big Business Global

Norman Mbazima retires at Anglo American

Africa’s largest miner, Anglo American plc has announced the retirement of Norman Mbazima after 18 years. Mr Mbazima will step down as Deputy Chairman of Anglo American South Africa on 30 June 2019. Mark Cutifani, Chief Executive of Anglo American, said: “Norman Mbazima has made an exceptional contribution to Anglo […]

Glencore seals $520 million Mexican coal deal
Big Business

Glencore seals $520 million Mexican coal deal

Global energy trader, Glencore said it has won contracts worth around $520 million to supply 4.94 million tonnes of coal to Mexico. Mexico’s state-run power utility company, the Federal Electricity Commission (CFE) disclosed this on Tuesday. The utility said in a statement that by offering the best price, Glencore won […]