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7 hours ago · Anadarko Petroleum Corp. wants the Texas Supreme Court to review how a $4 billion settlement it paid BP Plc after the 2010 Deepwater Horizon disaster affects its state franchise tax liability. Anadarko sought to deduct the payment—which BP used to pay people injured by the incident—as costs of goods sold. It’s appealing a 2023 state ...
Jul 8, 2024 · In 2022, Wyoming landowners achieved class certification, accusing Anadarko Petroleum Corp. of hoarding drilling permits to illegally block and control oil and gas development in specific parts of the state. This alleged antitrust behavior by Anadarko and its parent company, Occidental, forms the crux of the landowners’ claims.
5 days ago · Western Gas Partners LP’s Lancaster facility in the Denver-Julesburg Basin was commissioned in two phases in 2014 and 2015 to process gas produced by Anadarko Petroleum Corporation as well as other operators in the region. The plant’s two 300 MMcf/d “dual-mode” processing trains are designed to provide maximum operating flexibility to ...
Jul 6, 2024 · Occidental Beats Out Chevron in Bidding War for Anadarko Acquisition marks the biggest oil industry deal in three years. On May 9, Occidental Petroleum announced it had entered into a definitive agreement whereby the company will acquire Anadarko Petroleum Corporation for $59 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock, in a transaction valued at $57 ...
Jul 7, 2024 · With an estimated 2.3 billion barrels of proved reserves, Anadarko Petroleum Corporation is one of the largest independent oil exploration and production companies in the world. The company also markets approximately 3 billion cubic feet of natural gas per day throughout the United States and Canada. Anadarko s operational focus in North ...
Jun 24, 2024 · I'm talking about energy titan Occidental Petroleum (OXY-0.57%). ... It all has to do with the aforementioned acquisition of Anadarko in the summer of 2019. At the time, Occidental and ...
3 days ago · Occidental Petroleum is no stranger to making big moves. It agreed to buy CrownRock for $12 billion last year. Meanwhile, it outbid Chevron to buy Anadarko Petroleum for $55 billion in 2019.. Like ...
