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Amplify Energy, Midstates Petroleum To Combine In Merger-Of-Equals

2019-05-06 14:15:37| OGI

Two independent U.S. oil and gas producers, Amplify Energy and Midstates Petroleum, agreed to merge in an all-stock combination expected to achieve benefits of scale.

Tags: energy combine petroleum amplify

 

Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarkos African Assets

2019-05-05 20:25:49| OGI

Occidental Petroleum agreed on May 5 to sell Anadarkos African assets to Total for $8.8 billion as the company continues its takeover battle with Chevron.

Tags: sale african assets billion

 
 

Occidental Petroleum Shareholders Criticize Anadarko Takeover Bid

2019-05-02 21:25:02| OGI

Several Occidental shareholders said they viewed Chevron's lower $65-per-share bid as a better fit because it could more easily swallow a company of Anadarko Petroleum's size.

Tags: bid shareholders petroleum occidental

 

Qatar Petroleum Awards Eight Drilling Contracts For North Field Project

2019-05-01 15:23:38| OGI

Qatar Petroleum has awarded eight drilling contracts for its North Field gas expansion project, it said on May 1.

Tags: north project field awards

 

Anadarko Petroleum Quarterly Profit Falls 7.2%

2019-04-25 23:00:52| OGI

Anadarko Petroleum, which is the target of a bidding war between Occidental Petroleum and Chevron, reported a 7.2% fall in adjusted quarterly profit on April 25, as it sold oil at lower prices.

Tags: falls profit quarterly petroleum

 

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