[ad_1] Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately. At least four times in the past 15 months, members of the…
Tag: Oil and Gas Upstream Operations
Credit Agricole to Stop Financing New Fossil Fuel Extraction Projects
[ad_1] Credit Agricole said it aims to achieve carbon neutrality by 2050 and that it won’t finance any new fossil fuel extraction projects. The French lender said Thursday it expects…
Occidental to Buy CrownRock in Nearly $11 Billion Deal as Oil Patch Consolidates
[ad_1] Updated Dec. 11, 2023 11:19 am ET Occidental Petroleum announced a $10.8 billion agreement to buy West Texas producer CrownRock as the independent oil company seeks to keep pace…
Occidental to Buy CrownRock for $12 Billion as Oil Patch Consolidates
[ad_1] Updated Dec. 11, 2023 8:13 am ET Occidental Petroleum announced a $12 billion agreement Monday to buy West Texas producer CrownRock as the independent oil company seeks to keep…
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
[ad_1] Updated Dec. 5, 2023 5:25 pm ET U.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which would be the largest oil-and-gas deal in two…
U.S. Oil Land Grab Continues
[ad_1] Occidental’s talks with CrownRock will make the few remaining large parcels in the Permian basin pricey. [ad_2] Source link
WSJ News Exclusive | Occidental Petroleum in Talks to Buy Permian Producer CrownRock
[ad_1] Occidental Petroleum is in talks to buy CrownRock, a major energy producer in the west Texas area of the Permian basin, continuing a frenzy of deal making in the…
WSJ News Exclusive | OPEC+ Mulls New Oil Production Cuts Amid Middle East Conflict
[ad_1] Updated Nov. 29, 2023 2:03 pm ET OPEC and its Russia-led allies are considering new oil production cuts of as much as 1 million barrels a day, delegates said…
Opinion | Joe Biden’s Assist to Hunter’s Business
[ad_1] House investigators keep digging into the Biden family business, and this week comes new evidence of the ways Joe Biden helped his son using alias email accounts. Internal Revenue…