Commercialization, Conventional Fuels
September 10, 2019
Via: CNBC energyA rise in U.S. shale oil output and lackluster global demand will create volatility for oil markets, according to Dan Yergin, IHS Markit’s vice chairman. “The pipeline bottlenecks are in the process of being resolved, so a lot more oil […]
May 9, 2019
Via: CNBC energyChevron said Thursday it will not submit a new offer to acquire Anadarko Petroleum, walking away from the deal after Occidental Petroleum pulled ahead in a battle to take control of the driller with prized assets in the top U.S. […]
Commercialization, Conventional Fuels
April 30, 2019
Via: CNBC energyWarren Buffett is getting involved in a rare bidding war unfolding in the energy industry. Berkshire Hathaway has committed a $10 billion preferred stock investment in Occidental Petroleum contingent on the company completing its proposed takeover of Anadarko Petroleum. Last […]
Commercialization, Conventional Fuels
April 12, 2019
Via: CNBC energyChevron announced on Friday it will acquire oil and gas driller Anadarko Petroleum in a cash and stock deal valued at $33 billion, marking one of the biggest energy sector mergers in years and a transformative moment for one of […]
Commercialization, Conventional Fuels
January 24, 2019
Via: CNBC energyGlobal oil markets are facing an uncertain year with slowing global growth driving less global demand for oil while the supply picture looks unclear with production cuts by OPEC and Russia potentially counteracted by the growth in U.S. shale oil […]
Commercialization, Conventional Fuels
December 24, 2018
Via: CNBC energyOil prices turned lower on Monday as stock futures indicated U.S. equity markets would open lower, after earlier pointing to a bounce following the worst week for stocks in a decade. Brent crude futures were down 57 cents, or 1.1 […]
July 11, 2024
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