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Showing results for Shell Offshore Inc. v. FreePort-McMoran Oil and Gas LLC
...This company shares a Russian director with “Velada LLC”, which was granted a concession by the Assad regime in Syria to explore for oil and gas....
...China Molybdenum, which is listed in Hong Kong and Shanghai, bought the mine from Freeport-McMoran, the US copper giant, for $2.65bn in 2016....
...involving a prized offshore oil block....
...Seven oil and gas groups, including France’s Total, Royal Dutch Shell and Norway’s Statoil, have together invested almost $15bn in renewables over the past four years, according to the Oil and Gas Climate...
...Freeport-McMoRan is cutting a quarter of the workforce in its oil and gas division after failing to secure a buyer for the business....
...BHP is a large producer of iron ore, copper as well as oil and gas....
...Elsewhere, Freeport-McMoRan shares rallied 6 per cent to $11.85 after the company revealed plans to explore strategic alternatives for its oil and gas business....
...The company was also “highly levered to oil and gas prices through its producing assets in the Gulf of Mexico and California”, analysts at Nomura said....
...So reported the Financial Times in December 1980, when Freeport Minerals announced its merger with McMoRan Oil and Gas....
...Freeport-McMoRan, a top copper miner, fell 5.9 per cent and Archer Daniels Midland, one of the largest food commodities traders, was 4.5 per cent lower....
...Elsewhere in the energy sector Hercules Offshore lost ground after announcing that it was under investigation by the Department of Justice and the Securities and Exchange Commission....
...Freeport-McMoRan , the world’s largest copper producer, fell 4.9 per cent to $50.38 and Cliff Natural Resources was down 4 per cent to $92.73. The S&P materials index declined 3.3 per cent....
...In the biggest deal of the session, Ensco , the UK oil services provider, said it would buy Pride International for $7.1bn in a move that would create the world’s second-largest offshore drilling company...
...Freeport-McMoRan , the copper miner, was up 4.9 per cent to $56.14 while Cliffs Natural Resources , an iron ore and coal miner, added 5.9 per cent to $92.67. The S&P materials index was up 1 per cent....
...Murphy Oil was up 1.7 per cent to $73.88 while Chevron added 1.6 per cent to $98.72. The S&P oil and gas index was up 0.8 per cent....
...Just days before the BP disaster, Apache agreed a $2.7bn cash-and-stock deal to take over Mariner, the Houston-based oil and gas company that has about 85 per cent of its production offshore, with significant...
...Freeport-McMoRan said copper and gold production from its Indonesian mine was below expectations for the fourth quarter because of disappointing ore quality....
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