Chevron on Thursday declined to increase its offer for Anadarko, cutting short the potential for a rare bidding war in the oil patch and allowing Occidental Petroleum to take control of the energy ...
Anadarko says it plans to end its $33 billion takeover deal with Chevron in favor of a revised bid by Occidental. Occidental's offer is worth about $57 billion in cash and stock, including debt and ...
With the price of oil dropping another 20% during the fourth quarter, Anadarko Petroleum is facing pretty significant headwind. However, it's doing its best to face that headwind head on by cutting ...
Chevron will buy Anadarko Petroleum for $33 billion in a cash-and-stock, energizing its deep water exploration in the gulf and in the energy-rich southwest region of Texas called the Permian Basin.
Anadarko Petroleum Corp. announced Thursday it will cut 17 percent of its corporate workforce in an effort to navigate a prolonged drop in crude prices. The Woodlands, Texas-based company did not ...
April 28 (Reuters) - Anadarko Petroleum Corp, the U.S. oil and gas exploration and production company that agreed this month to sell itself to Chevron Corp for $33 billion, decided on Sunday to begin ...
Occidental Petroleum Corp. sold $13 billion of debt to help finance its acquisition of Anadarko Petroleum Corp. after receiving over $75 billion in orders for the deal at the peak, according to people ...
Occidental Petroleum (NYSE: OXY) is a leading diversified energy company. It has global oil and gas operations, marketing and ...
* Anadarko Petroleum Corp - expected 25-percent increase in oil sales volumes in 2017 relative to prior year * Anadarko Petroleum-in 2017, plan to allocate about 80 percent of total capital program ...