For all the ink spilled over climate change and the global energy transition, the world’s biggest energy companies are focusing on where it all began: American oil. Chevron Corp.’s $33 billion acquisition of Anadarko Petroleum Corp., announced Friday, will make the U.S. company the largest producer in the dusty plains of the Permian Basin by giving it control of an oil-rich area twice the size of Los Angeles. The deal, the industry’s biggest in four years, is fueling speculation about what arch-rivals Exxon Mobil Corp. and Shell Plc will do next and which other Permian operators are in their sights. Furthermore, it ... (full story)