A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer that it says is about a 20% premium to Chevron's deal announced earlier this month. Occidental Petroleum Corp.
SAN RAMON, California (KTRK) -- Chevron has announced a deal to acquire Anadarko Petroleum Corporation as the company seeks to grow stronger in deep water exploration in the gulf and the energy-rich ...
• Anadarko Petroleum Corp. announced its second oil discovery off the Republic of Ghana. The Hyedua-1 well is on the Deepwater Tano license in 5,020 feet of water. The well was drilled to a total ...
A few years ago, Occidental Petroleum (NYSE: OXY) outmaneuvered Chevron by winning the $55 billion bidding war for Anadarko Petroleum. It did so with the help of Warren Buffett's Berkshire Hathaway ...
Anadarko has embarked on a Permian growth strategy, aiming at growth rates broadly similar to those of EOG Resources and Pioneer Natural Resources. This is a big change from the ...
Anadarko Petroleum Corp., the second-largest independent U.S. oil producer, plans to buy back as much as $5 billion of its stock, saying its stock price undervalues its net asset value. At the current ...
LONDON (Reuters) - Anadarko Petroleum Corp will pay BP Plc $4 billion toward clean-up and victim compensation for the Gulf of Mexico oil spill. The amount is less than BP might have won in court, but ...
Chevron CVX announced this morning that it has agreed to acquire Anadarko Petroleum APC in a stock and cash transaction valued at $33 billion, or $65 per Anadarko share. Based on Chevron’s closing ...
Phillips Alaska Inc., a subsidiary of Phillips Petroleum Co., and Anadarko Petroleum Corp., Houston, Monday announced the first discoveries in the National Petroleum Reserve-Alaska (NPR-A) since it ...
CHEYENNE – Ranchers and farmers in east Laramie County have fought against Anadarko Petroleum Corporation and its parent company Occidental Petroleum Corporation for the past five years. The antitrust ...