Houston’s position as the energy capital of the world is based on fossil fuels, but the nation’s fourth-largest city must embrace new technologies and cleaner energy if it wants to lead the way for decades to come, energy executives said Thursday at the first Houston Low-Carbon Energy Summit.
Oil company Chevron will pay a £5 million fine after a refinery explosion killed four workers and seriously injured another in West Wales.
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.
Authorities in the US are investigating a fatality and a missing person case after workers fell from two separate platforms in the Gulf of Mexico last week.
Big Oil probably won’t be buying up the Permian Basin’s struggling independent drillers any time soon.
Ithaca Energy’s boss said he was looking forward to “injecting the small company ethos” into Chevron’s North Sea operations.
Aberdeen-headquartered Ithaca Energy said yesterday that it would snap up US oil giant Chevron’s central North Sea business in a £1.6 billion deal.
Activist investor Carl Icahn launched a lawsuit against Occidental Petroleum with the goal of potentially seeking board seats and a sale of the company.
A full exit from the UK is “increasingly likely” for US major Chevron following the sale of its central North Sea portfolio to Ithaca Energy, an analyst said yesterday.
Aberdeen-headquartered Wood has announced a subsea deal at Chevron's Jansz-lo compression project in Western Australia.
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.
The US Gulf of Mexico is making a comeback this year.
Occidental Petroleum chief executive Vicki Hollub is on the cusp of winning a David versus Goliath bidding war that has captivated the oil industry.
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.
Oil and gas firms based in the North Sea are "better engaged" with the energy transition than their US rivals, according to a top academic.
A new report for the UK oil and gas industry shows a “scary and disappointing” lack of progress on gender diversity, according to a Wood boss.
Warren Buffett’s intervention in Occidental Petroleum Corp.’s $37 billion unsolicited bid for Anadarko Petroleum Corp. may tip the scales in the oil industry’s biggest bidding war in decades.
Houston's Occidental Petroleum received a $10 billion commitment from one of the world's richest men to help boost its bid to acquire The Woodlands-based Anadarko Petroleum.
Anadarko Petroleum Corp.’s market value has soared 56 percent since a bidding war for the American shale driller kicked off two weeks ago. Yet the company’s directors have managed to step on the toes of almost every player involved.
Israel-headquartered firm Delek Group today confirmed it had tabled an offer for a package of central North Sea assets owned by US oil major Chevron.
Chevron’s income narrowed in the first three months of the year despite selling a package of global oil and gas assets.
Occidental Petroleum Corp.’s rival takeover offer for Anadarko Petroleum Corp. drew critical initial reviews from some analysts, including Mizuho Securities USA LLC’s Paul Sankey, who said major investors have told him they won’t support the bid.
Occidental Petroleum Corp.’s $38 billion bid for Anadarko Petroleum Corp. is one of the boldest moves in the 99-year history of a company that has never lacked ambition.