Oxy left holding Anadarko assets with Total excluded and Sonatrach cash-strapped

Although Sonatrach had exercised its right of pre-emption over the Algerian assets of Anadarko - acquired by Oxy and for which Total had made an offer - the boss of the state-owned oil company has had to face up to reality: his company's ambitions outstrip its means. [...]
Published on 15.05.2020 at 05:00 GMT Reading time 2 minutes
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