Tag Archives: Anadarko Petroleum

In the first big deal since oil prices crashed four months ago, Chevron agreed to buy Noble Energy for roughly $US5 billion ($7 billion) in what many experts consider the beginning of a sweeping consolidation in the US oil industry. The coronavirus pandemic caused a sharp decline in oil demand, …

Parsley Energy Inc. said it would be attractive for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.

Oil giants probably won’t be buying up the Permian basin’s struggling independent drillers any time soon.

Activist investor Carl Icahn launched a lawsuit against Occidental Petroleum Corp. with the goal of potentially seeking board seats and a sale of the company.

Last year. Google quietly started an oil. gas. and energy division.

OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.

For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.

The U.S. oil and gas producer was ready to move forward with the Mozambique project after lining up enough customers for the LNG.

Oil and gas together account for 95 percent of Algeria’s export revenues and contribute 60 percent to its annual budget.

By 2030. Thailand and Indonesia together could import nearly 70 million tonnes of LNG a year.