Ineos Energy's acquisition of shale assets in the US will help the company meet its goal of increasing the oil component of its gas-heavyupstream portfolio, its chairman said on Wednesday. Ineos Energy, part of European chemicals giant Ineos, announced late Tuesday that it was acquiring assets in the Eagle Ford shale fromChesapeake Energy for $1.4 billion. The deal — set to close in the second quarter — marks the company's US upstream entry.
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