https://www.cnn.com/2020/07/21/business/chevron-noble-deal-michael-wirth/index.html
The Anadarko episode helped shape the decision to make a play for Noble Energy now, Wirth told CNN Business in an interview.
"[It] reinforced our existing commitment to discipline, focusing on value creation and understanding risk," the Chevron CEO said. "We're not going to chase value."
But don't call it a bidding war.
"We never got into a war. The other party (Occidental) actually bid against themselves multiple times," Wirth said. "The war wasn't with us. It was within."
Everything rises and falls on leadership.