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Job cuts at Talisman, ConocoPhillips in Calgary as crude doldrums continue
2015-03-18 23:00:08| Oil & Gas - Topix.net
Talisman, which is set to be taken over by Spain's Repsol SA in the coming months, is reducing its workforce by 10 to 15 per cent, mostly at its Calgary head office. That amounts to between 150 and 200 jobs - both contractors and employees.
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-Oil hedge helps Oando prepay debt after ConocoPhillips' deal
2015-03-04 14:47:10| Oil & Gas - Topix.net
Nigerian energy company Oando Plc has prepaid $238 million out of the $900 million it borrowed to part finance the acquisition of ConocoPhillips' Nigerian oil and gas business, the company said on Tuesday. Oando bought ConocoPhillips's upstream oil and gas business in Nigeria last July for $1.5 billion, helping it transition from a marketer of refined petroleum products into one of the top players in the West African country's oil industry.
-Oil hedge helps Oando prepay debt after ConocoPhillips' deal
2015-03-04 14:43:34| Energy - Topix.net
Nigerian energy company Oando Plc has prepaid $238 million out of the $900 million it borrowed to part finance the acquisition of ConocoPhillips' Nigerian oil and gas business, the company said on Tuesday. Oando bought ConocoPhillips's upstream oil and gas business in Nigeria last July for $1.5 billion, helping it transition from a marketer of refined petroleum products into one of the top players in the West African country's oil industry.
Berkshire Hathaway unloads Exxon Mobil, ConocoPhillips stakes as oil prices fall, adds Deere
2015-02-18 01:28:41| Oil & Gas - Topix.net
Billionaire Warren Buffett's company unloaded its 41 million shares of Exxon Mobil Corp. and sold a smaller stake in ConocoPhillips as oil prices fell last fall. Berkshire Hathaway Inc. filed an update on the stocks it held at the end of 2014 with the Securities and Exchange Commission Tuesday.
Berkshire Hathaway unloads Exxon Mobil, ConocoPhillips stakes as oil prices fall, adds Deere
2015-02-18 00:47:35| Industrial Machines - Topix.net
Billionaire Warren Buffett's company unloaded its 41 million shares of Exxon Mobil Corp. and sold a smaller stake in ConocoPhillips as oil prices fell last fall. Berkshire Hathaway Inc. filed an update on the stocks it held at the end of 2014 with the Securities and Exchange Commission Tuesday.
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