Chevron’s $5 billion bid for Noble Energy July 20 moves the major into both the East Mediterranean gas sector and the US’ Denver-Julesburg Basin at a time of uncertainty in the oil sector, when reliable, low-cost assets that can provide the security of free cash flow are highly prized. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Several months into the coronavirus pandemic that continues to tamp down both oil demand and crude prices, Chevron is in good fiscal shape and in a position to pick up choice assets that will position it to grow. The deal also stands in contrast to the bid Chevron walked away from more than a year earlier for […]