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Equinor To Sell 16% Shares It Holds In Lundin Petroleum For About $1.56 Billion

2019-07-08 02:30:57| OGI

Norwegian oil and gas firm Equinor ASA on Sunday said it will sell a 16% stake in Lundin Petroleum AB for about $1.56 billion, and in return acquire an additional 2.6% stake in Johan Sverdrup oilfield.

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Occidental Petroleum Urges Shareholders To Reject Activist Icahn's Proposal

2019-07-03 17:15:35| OGI

Carl Icahn, one of the industry's most powerful activist investors, cast himself as one of the Anadarko deal's most fervent critics by charging that Occidental's bid was too expensive.

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Chevron Phillips, Qatar Petroleum team up for giant petrochemical project in Middle East

2019-06-24 23:29:21| Canadian Plastics Headlines

The new petrochemical plant will be built in Qatar, and will produce ethylene and HDPE when it comes online by 2025. The post Chevron Phillips, Qatar Petroleum team up for giant petrochemical project in Middle East appeared first on Canadian Plastics.

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Occidental-Anadarko Petroleum Mergers Impact On Permian Players

2019-06-17 22:00:00| OGI

Wall Street has been slashing their valuations of top Permian Basin operators despite the regions attractiveness. Could the blockbuster Occidental-Anadarko deal change that?

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Callon Petroleum Tweaks Guidance Following Multibillion-dollar Permian Sale

2019-06-13 22:25:20| OGI

Callon Petroleum also confirmed the sale of its noncore Permian asset in the southern Midland Basin to Houston-based independent Sequitur Energy Resources.

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