Hot off the presses and the really big Marcellus news of the day…
NEW YORK (Reuters) – Chevron Corp (CVX.N) agreed to buy U.S. natural gas producer Atlas Energy (ATLS.O) for $3.2 billion, excluding debt, becoming the latest energy giant to break into the lucrative Marcellus shale field.
The field in Pennsylvania and surrounding states, one of the largest U.S. natural gas finds in decades, has attracted a crush of industry heavyweights that are betting that the fuel will become a key global energy source in the coming decades…
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