huyangshu/Shutterstock Chevron's swoop for Denver-Julesburg (DJ) Basin specialist PDC Energy elevates the US shale play to a “top-five” asset in the major's global portfolio and adds key diversification.PDC’s low carbon-intensity footprint is a crucial selling point as Chevron’s upsized growth plans push against calls for more immediate absolute emissions cuts.The major’s patient approach to M&A ensures financial returns also remain front of mind given investors’ strict capital discipline demands. Save for later Print Download Share LinkedIn Twitter The Issue
