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...The stand-off between the companies threatens to complicate their relationship as they work together on joint ventures from Kazakhstan to Australia....
...The prominent stand-off between the companies threatens to complicate their relationship as they work together on joint ventures from Kazakhstan to Australia....
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...Chevron Australia has said it believes there is “no reasonable prospect of agreement” with workers at its Gorgon and Wheatstone natural gas plants and will apply to the country’s workplace relations tribunal...
...This year, ExxonMobil announced a $60bn deal to buy shale driller Pioneer Natural Resources, a move that was followed swiftly by Chevron taking over Hess for $53bn....
...DP World — which handles about 40 per cent of Australia’s trade — and the maritime union last week struck a deal to deliver a near-25 per cent increase in pay to the company’s stevedores over the next four...
...Neither company responded to requests for comment....
...The union representing workers at Chevron’s Western Australian natural gas operations has informed the US company that they intend to commence industrial action on September 7, after failing to reach an...
...The plaintiffs claim that Chevron and several other oil companies transferred hundreds of low-yielding wells to HRM, which kept the profits of operating these assets and then conspired to avoid millions...
...ExxonMobil, Chevron and Occidental Petroleum have all struck big deals in the shale patch since October. Large acquisition targets have become scarce commodities. One fewer seat remains....
...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....
...“Business is business,” he said when asked whether the clash could dent its relationship with Chevron, a close partner in projects in Kazakhstan and Australia....
...Australia’s two largest oil and gas companies have called off merger talks, ending months-long negotiations to create a $52bn liquefied natural gas company....
...Perth-based Woodside completed its takeover of BHP’s petroleum business in 2022, which transformed the company into a global player with assets in the US, Algeria and Canada....
...One of his first big decisions was to walk away from a $50bn-plus takeover battle with rival Occidental Petroleum for Anadarko Petroleum....
...The two biggest US oil companies have set off a race to secure petroleum reserves for the decades ahead, inking multibillion-dollar transactions to snap up the most promising production hotspots despite...
...The excess supply led to a 60-per-cent slide in the price of lithium and drove bankruptcies of companies including Alita and Nemaska in Australia and Canada, respectively....
...The three sites, owned by Australia’s Woodside Energy and American company Chevron, account for 10 per cent of global supply and half of Australia’s liquefied natural gas output....
...The largest US producers ExxonMobil, whose boss Darren Woods was the first chief executive from the company to visit a UN climate summit, and Chevron did not immediately respond to requests for comment....
...Shortly afterwards, Chevron unveiled a $53bn acquisition of US oil company Hess....
...Nine decades later, his son John sold the company to Chevron for $53bn this week, in one of the biggest deals ever in the global oil and gas industry....
...Berkshire did not disclose any new investments in the fourth quarter of 2023, although it increased its holdings in satellite radio operator SiriusXM and in oil majors Chevron and Occidental Petroleum....
...It walked away from an attempted takeover of Anadarko Petroleum in 2019 after a bidding war broke out with rival Occidental Petroleum....
...Diamondback itself lost out to Occidental Petroleum in its bid to buy CrownRock, another big private operator in the Permian. Occidental agreed a $12bn deal for the company in December....
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