Occidental Petroleum Corp said on Monday its latest bid to take over Anadarko Petroleum Corp was designed to make sure Anadarko’s board considers its offer superior to one from Chevron Continue Reading
BP Plc on Monday announced new production units in the Gulf of Mexico, enhancing its standing as the largest producer there at a time when rival global oil majors are Continue Reading
This week’s net injections into working natural gas in the Lower 48 states totaled 123 Bcf, the earliest point ever in the refill season for triple-digits Net injections into working Continue Reading
Occidental Petroleum has updated the terms of its bid for Anadarko by saying it will pay 80 percent of the US$38 billion it is offering in cash, negating the need Continue Reading
US cracking margins gained last week as strong economic indicators supported rising gasoline demand, aided by healthy export demand for refined products, an analysis by S&P Global Platts showed Monday. Continue Reading
Electrify America launched a mobile app, available for both Android and iPhone. The company’s first app allows users to manage the entire charging session on their phone, increasing convenience for Continue Reading
BP has approved the Thunder Horse Expansion Phase 2 project in the deepwater Gulf of Mexico, which should add 50,000 boepd. BP has approved the Thunder Horse Expansion Phase 2 Continue Reading
Oxy revises its offer for Anadarko and enters into an $8.8 billion agreement with Total in connection with the deal. Occidental Petroleum Corporation (Oxy) revealed Sunday that it has jazzed Continue Reading
HOUSTON (Reuters) – Anadarko Petroleum Corp’s board on Monday backed a $38 billion bid from Occidental Petroleum Corp, adding pressure on rival Chevron Corp to raise its offer or walk Continue Reading
The Trump administration said it plans to weaken protections for a beetle facing a threat of extinction from climate change, a move welcomed by oil and natural gas drillers lobbying Continue Reading
