Hints and tips:
Related Special Reports
Related Topics
...China National Petroleum Corporation and QatarEnergy signed a 27-year agreement on Tuesday, under which China will purchase 4mn tonnes of LNG a year from the Gulf state....
...Occidental’s most recent major transaction was criticised for being poorly timed after it took on huge debt to buy Anadarko Petroleum for $57bn in 2019, just before the Covid-19 pandemic caused oil prices...
...Occidental’s last major transaction was slammed for being poorly timed after it took on huge debt to buy Anadarko Petroleum for $57bn in 2019, just before the Covid-19 pandemic caused oil prices to plunge...
...The $55bn purchase of Anadarko Petroleum in 2019 saddled the company with huge debts just as the global pandemic crushed oil prices. Its woes attracted activist investor Carl Icahn....
...The $10bn cheque with which she emerged allowed her to outbid rival Chevron in an epic corporate battle to acquire Anadarko Petroleum, doubling Occidental, better known as Oxy, in size....
...Occidental Petroleum in December said it had agreed to pay $12bn for CrownRock and this week APA said it would buy Callon Petroleum for $4.5bn. Most of the deals to date have been oil-focused....
...The crude will enable the refinery to process an initial 350,000 barrels of crude oil a day into petroleum products, including petrol, diesel and low-sulphur fuels....
...One of his first big decisions was to walk away from a $50bn-plus takeover battle with rival Occidental Petroleum for Anadarko Petroleum....
...It would be the largest in the US oil industry for at least four years, when Occidental Petroleum in 2019 bought rival Anadarko Petroleum for $55bn after outbidding Chevron in an epic corporate battle....
...It walked away from an attempted takeover of Anadarko Petroleum in 2019 after a bidding war broke out with rival Occidental Petroleum....
...A Delaware court will soon begin an auction for Citgo Petroleum, the seventh-largest oil refiner in the United States....
...Elliott ran a similar campaign against Marathon Petroleum in 2019, which led to the replacement of the chief executive and the spin-off of its Speedway retail operation....
...How the ‘dumbest deal in history’ actually paid off When Occidental Petroleum boss Vicki Hollub orchestrated a $10bn financing deal with Warren Buffett to buy Anadarko Petroleum in April 2019, it flabbergasted...
...BlackRock is set to invest $550mn into the world’s biggest direct air capture project, which is being developed by Occidental Petroleum, in a sign of growing investor confidence in the nascent technology...
...Department of Energy said on Friday that it had chosen two “direct air capture” hub developments in Texas and Louisiana as recipients for the funding, one of which is being built by oil company Occidental Petroleum...
...Petroleum....
...Dealmakers said groups including Occidental Petroleum, ConocoPhilips and Marathon Oil could be among the next to make a move....
...Conoco, Occidental Petroleum, Devon Energy and Marathon Oil have all been mooted as possible buyers....
...Occidental Petroleum thinks it can make money from decarbonising. That is a far cry from the $55bn bet the oil explorer made on rival Anadarko in 2019....
...It also names ConocoPhillips, Chevron and the American Petroleum Institute as defendants....
...Since last week, dozens of mainland-listed companies, mostly state-owned companies such as China Petroleum & Chemical Corp and China Railway Construction Corp, have announced share buyback plans, adding...
...The company grew rapidly in its early decades, building what became the world’s biggest refinery on Saint Croix in the US Virgin Islands in 1967 before merging two years later with Amerada Petroleum, one...
...In Asia, liquefied petroleum gas futures traded on China’s Dalian Commodity Exchange rose 6.7 per cent to Rmb4,276 ($597) a tonne on Thursday, while crude oil contracts in Shanghai rose 2.5 per cent to almost...
...Granholm has cheered on Occidental Petroleum’s plans to deploy direct air capture technology, which sucks CO₂ from the atmosphere to be stuffed underground, in the oilfields of west Texas....
International Edition