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...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....
Darren Woods explains ‘business is business’ as US supermajor pursues case that threatens $53bn Hess deal
...Occidental Petroleum has agreed to acquire CrownRock, one of the most sought-after US private shale oil producers, in a deal valued at about $12bn, including debt....
...Occidental Petroleum has emerged as the lead contender to buy CrownRock, one of the most sought-after private oil producers in the US shale patch, in a deal valued at about $12.5bn, according to people familiar...
...A Delaware court will soon begin an auction for Citgo Petroleum, the seventh-largest oil refiner in the United States....
US’s biggest supermajor and China’s Cnooc highlight right of first refusal in Guyana project stake central to acquisition
Top US supermajor says it wants to protect rights to 30% Hess stake in valuable offshore field
...“Haiti has descended into total chaos and lawlessness,” said Laurent Uwumuremyi, Haiti country director for US charity Mercy Corps....
...The last time Occidental Petroleum made a big acquisition, it ended up teetering on the brink of bankruptcy....
...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....
...Earlier this month, the country joined the Opec+ group — which comprises the Organisation of the Petroleum Exporting Countries plus its allies — although Lula has insisted its status will remain that of...
...raid, at least seven Ecuadorean police officers were kidnapped by criminals around the country, including in Machala, a south-western city, and in the capital Quito, where a vehicle carrying liquefied petroleum...
...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....
...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...
...all boats and instead have been squandered by corruption or concentrated in the rarefied strata of the elite: a single oil spill at offshore exploration sites in Guyana would wreak havoc throughout the Caribbean...
Authorities close two crossings that account for 36% of rail traffic on southern border to redeploy personnel
...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...
...Dealmakers said groups including Occidental Petroleum, ConocoPhilips and Marathon Oil could be among the next to make a move....
...Also the highly leveraged cruise liners Carnival and Royal Caribbean, which could face serious trouble in a recession, are both up 55 per cent in the rally....
...Conoco, Occidental Petroleum, Devon Energy and Marathon Oil have all been mooted as possible buyers....
...The 135,500-tonne Adora Magic City, commissioned by a joint venture between the China State Shipbuilding Corp and US-based Carnival Corp, set sail on Monday from Shanghai for South Korea and Japan before...
US supermajors open a controversial fossil fuel frontier in one of Latin America’s poorest nations
...It has drained almost 300mn barrels from the US Strategic Petroleum Reserve and last year lifted some energy-related restrictions on Venezuela by granting Chevron a licence from the Treasury to resume limited...
...It also names ConocoPhillips, Chevron and the American Petroleum Institute as defendants....
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