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...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....
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...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....
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...Koch Industries, Occidental Petroleum and Norway’s Equinor have been exploring a move into the battery metal....
...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....
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...Ian Hansen, head of the chemicals division of Perth-based retail-to-chemicals conglomerate Wesfarmers, which has partnered with SQM on lithium assets, said the recent flurry of activity represented a “growing...
...Need to know: Global economy Warren Buffett-backed Occidental Petroleum has agreed to acquire CrownRock, one of the most sought-after private oil producers in the US shale patch, for $12bn....
...These include US chemicals group Albemarle. The world’s leading lithium producer is closing in on an all-cash deal for Australia’s Liontown Resources....
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