Indonesia national oil company (NOC) Pertamina is reviewing its liquefied natural gas (LNG) purchase contract with the Total-led Mozambique LNG development after lawmakers questioned the deal signed in 2019.
Occidental Petroleum added to its board of directors Thursday with the appointment of a former chief executive of Schlumberger as Oxy aims to instill more confidence with shareholders after risking its future to buy Anadarko Petroleum for $38 billion last year.
Activist investor Carl Icahn said Occidental Petroleum Corp.’s new target for assets sales won’t be achieved without a “fire sale” that includes its pipeline system, Western Midstream Partners LP, which was already shopped to potential buyers earlier this year.
Blackstone Group Inc. and Apollo Global Management Inc. are interested in bidding for a majority stake in Western Midstream Partners LP being sold by Occidental Petroleum Corp., according to people familiar with the matter.
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 familiar with the matter.
Famed activist investor Carl Icahn on Wednesday launched a bid to shake up Occidental Petroleum's board over the $38 billion acquisition of Anadarko Petroleum, which has battered Oxy's stock price and the value of Icahn's holdings in the Houston oil company.
Famed corporate activist Carl Icahn couldn't help but take another shot at the alleged "fiasco" caused by Houston's Occidental Petroleum while discussing his deal to help combine two major casino businesses.
Anadarko Petroleum authorised the roughly $20 billion Mozambique liquefied natural gas export project on Tuesday at a celebratory event in the eastern African nation.
The Refuge Bar & Bistro, just a short walk from Anadarko Petroleum's headquarters, is becoming a place for Anadarko workers to drown their sorrows as they update resumés and contemplate the future of The Woodlands without its flagship employer, which recently agreed to be acquired by Occidental Petroleum.
Activist investor Carl Icahn launched a lawsuit against Occidental Petroleum with the goal of potentially seeking board seats and a sale of the company.
Occidental Petroleum's chief executive has pledged to win over skeptical or angry investors who believe Oxy paid too big of a price in its bidding war victory to acquire Anadarko Petroleum over the much larger Chevron.
Occidental Petroleum Corp. will move forward with its $38 billion takeover of Anadarko Petroleum Corp., the oil industry’s biggest deal in at least four years, after Chevron Corp. bowed out of the bidding.
Chevron Corp. is abandoning its $33 billion offer for oil driller Anadarko Petroleum Corp., the culmination of a month-long bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.
Occidental Petroleum Corp.’s corporate jet has crossed the Atlantic for the second time in two weeks, landing in the Netherlands, according to flight-tracking data and people familiar with the matter.
Anadarko Petroleum’s board has declared Occidental Petroleum’s sweetened $38 billion takeover “superior,” giving Chevron four days to either boost its offer or walk away from the oil industry’s biggest deal in at least four years.
Occidental Petroleum moved a step closer to sealing its proposed $38 billion acquisition of Anadarko Petroleum after it sweetened its offer and agreed to sell assets owned by the target company.