Following Occidental Petroleum Corp acquisition of Anadarko, the Mozambique LNG project will be sold to French energy major Total SA. In what is slated to be Africa’s single biggest LNG project, U.S. energy Anadarko Petroleum Corp stated, it has approved… Read More ›
The strategic move, which essentially place Occidental Petroleum ahead of Chevron, risks a potential clash with Carl Icahn. In a significant development, Occidental Petroleum Corp increased the cash component of its $38 billion bid to acquire Anadarko Petroleum Corp thus… Read More ›
Warren Buffet’s Berkshire Hathaway aims to help Occidental Petroleum Corp acquire its smaller rival Anadarko Petroleum Corp. In a significant development, Occidental Petroleum Corp disclosed, Warren Buffett’s Berkshire Hathaway Inc will be investing $10 billion in it so as to… Read More ›
Anadarko holds vasts fields of oil and gas deposits which can be easily accessed using low-cost drilling methods – these assets underscore the value of the bidding war surrounding the U.S. oil and gas exploration and production company. According to… Read More ›
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