Anadarko Petroleum Company News

Recent Articles

Results 50 articles shown

Oilfield Fraud Lawsuit Ensnares $100MM CEO
In their lawsuit, investors allege Anadarko executives kept repeating rosy expectations about Shenandoah long enough to profit from them.
8:00 PM EST | September 08, 2020
Chevron's Noble Deal Could Be New M&A Blueprint
Chevron Corp. reported Monday that it has struck a definitive agreement to acquire all outstanding shares of Noble Energy, Inc.
8:00 PM EST | July 19, 2020
Icahn Anticipates Strong Bids to Emerge for Oxy on Oil Rebound
Activist investor Carl Icahn expects oil prices will rebound in the near to medium term and that "strong bids" will emerge for Oxy.
8:00 PM EST | March 11, 2020
Occidental to Slash Spending After Oil Crash
Shares of Occidental dropped as much as 48 percent Monday amid a broad market sell-off.
8:00 PM EST | March 08, 2020
Fluor and Anadarko Vets Join ConocoPhillips Board
ConocoPhillips reported that its board of directors has elected David T. Seaton and Al Walker to serve as board members.
7:00 PM EST | March 03, 2020
Occidental's Anadarko Buy Yields 2019 Loss
The company took a hit of $965 million in 2019, versus $4.1 billion in profit the year before.
7:00 PM EST | March 01, 2020
Investors Tightening the Screws on Oil, Gas Acquisitions
M&A activity in oil and gas has almost ground to a halt after a flurry of deals last autumn.
7:00 PM EST | February 16, 2020
Oxy to Sell Permian Campus After Anadarko Acquisition
Occidental plans to sell a four-story office building in the heart of the Permian Basin and move employees into a nearby one owned by Anadarko.
7:00 PM EST | November 10, 2019
Deepwater Transformation Sparking New Interest
Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.
8:00 PM EST | October 16, 2019
Top 10 Independent Oil and Gas Companies to Work For
Rigzone's latest Ideal Employer Survey outlines the most desirable independent oil and gas companies to work for.
8:00 PM EST | September 03, 2019
BHP Delivers Largest Bid in US Gulf of Mexico Lease Sale
Lease Sale 253 generated almost $159.4 million in high bids for 151 tracts in the U.S. Gulf of Mexico.
8:00 PM EST | August 20, 2019
Oxy Completes Anadarko Acquisition
Occidental Petroleum Corporation has successfully completed its $38 billion acquisition of Anadarko Petroleum Corporation.
8:00 PM EST | August 07, 2019
Oxy Begins Bond Sale to Fund Anadarko Deal
Occidental is selling $13 billion of debt to help finance its acquisition of Anadarko after receiving over $75 billion in orders for the deal at the peak, according to people familiar with the matter.
8:00 PM EST | August 05, 2019
Is the US Shale Boom Winding Down?
US shale producers are dialing back growth in the face of challenges that are killing returns and keeping skeptical investors away.
8:00 PM EST | August 05, 2019
Icahn Slams Oxy, CEO's Warren Buffet Deal
Occidental's leaders hastily put together its $38B deal for Anadarko in a job-preserving bid to stave off a takeover itself, according to activist investor Carl Icahn.
8:00 PM EST | July 21, 2019
Icahn Ups Oxy Board Battle After CEO Talks Fail
Billionaire Carl Icahn formally asked Occidental investors to help him replace four of the company's 10 directors and potentially push for a sale.
8:00 PM EST | July 18, 2019
Oil Workers Evacuate GOM Rigs as Storm Strengthens
Oil and natural gas producers in the U.S. Gulf of Mexico began evacuating workers and shutting in output as a storm gathers strength off the coast of Florida.
8:00 PM EST | July 09, 2019
Oxy-Anadarko Deal Anchors Muted M&A Rebound in 2Q
Drillinginfo analysis finds that U.S. M&A deal value rebounded to $65 billion in the second quarter, driven largely by the Oxy-Anadarko deal.
8:00 PM EST | July 02, 2019
Africa Leads in LNG Investments for 2019
Africa leads investments for what will be a record year for LNG.
8:00 PM EST | June 26, 2019
TechnipFMC and Oceaneering Win Mozambique LNG Contracts
Anadarko has awarded TechnipFMC and Oceaneering a series of contracts tied to the Mozambique LNG project.
8:00 PM EST | June 19, 2019
Anadarko Green Lights Mozambique LNG Project
Anadarko Petroleum Corp. has given the final go ahead to begin construction of its Area 1 Mozambique LNG project.
8:00 PM EST | June 18, 2019
Will Occidental's $38B Gamble Be a Shale Win?
Oxy is aiming for billions of dollars' worth of cost savings and productivity gains from the Anadarko deal, but many investors remain skeptical.
8:00 PM EST | June 06, 2019
'Sexual Playthings': Anadarko's Denver Office Has #MeToo Moment
A letter to Anadarko by a former female employee describes a toxic culture in the satellite office, where 550 of the company's 4,700 employees work, and where she said sexual harassment wasn't punished.
8:00 PM EST | April 15, 2019
Chevron Expands Elite Group with Anadarko Deal
Rystad Energy expects Chevron will eclipse ExxonMobil in Permian production.
8:00 PM EST | April 11, 2019
Colorado Drillers Face Harsher Energy Law
Colorado's legislature passed a sweeping overhaul of the state's oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation's top crude-producing regions.
8:00 PM EST | April 02, 2019
Anadarko Names Former EVP, CFO as New President
Anadarko names Bob Gwin as the company's president.
7:00 PM EST | November 15, 2018
Anadarko to Sell Delaware and DJ Midstream Assets
Under the $4.015 billion deal, Anadarko will receive $2.0075 billion in cash and the balance in new Western Gas equity.
7:00 PM EST | November 07, 2018
US Energy Operations Begin Recovering After Tropical Storm Gordon
Energy companies and port operators along the US Gulf Coast took steps to resume operations after Tropical Storm Gordon.
8:00 PM EST | September 04, 2018
Storm Gordon Halts Some Energy Production In US Gulf
Tropical Storm Gordon has shut 9.23% of daily crude oil production in the US Gulf of Mexico.
8:00 PM EST | September 03, 2018
BLOG: The Good Deeds of Oil, Gas
Rigzone celebrates some recent good deeds of oil, gas companies.
8:00 PM EST | August 08, 2018
Shale Companies Sink On Investor Disappointment, Hedging Losses
Shares of US oil producers dropped sharply after several companies posted weaker-than-expected results.
8:00 PM EST | July 31, 2018
Anadarko Expects Final Decision On Mozambique LNG Export Project In 2019
Anadarko expects to make a final investment decision in the first half of 2019 on whether to build the first LNG export terminal in Mozambique.
8:00 PM EST | June 26, 2018
Source: Anadarko Staff Under Lock-Down In Mozambique After Attacks
Anadarko has placed staff working on a LNG plant in northern Mozambique under 'lock-down.'
8:00 PM EST | June 18, 2018
Centrica, Tokyo Gas Join Anadarko's Mozambique LNG Project as Buyers
Centrica and Tokyo Gas have signed a non-binding agreement to buy liquefied natural gas from Anadarko Petroleum's Mozambique project, a move that will bring the US company closer to a final decision on the development.
8:00 PM EST | June 14, 2018
Oil, Gas Leaders Warn Trump He Risks Harming Their Industry
The meeting came a week after Trump decided to slap a 25 percent levy on steel imports
8:00 PM EST | March 15, 2018
Shale Producers Urge FERC To Deny White Cliffs Oil Pipeline's Fee Request
Top shale oil producers asked a US regulator this week to reject White Cliffs pipeline's application.
7:00 PM EST | February 22, 2018
Mozambique Approves Anadarko's $20 Billion Natural Gas Plan
Mozambique's council of ministers approved the development plan for Anadarko's LNG project.
7:00 PM EST | February 06, 2018
Anadarko Raises Dividend Payout, Share Buyback Program
Anadarko says it increased its quarterly dividend and also raises its share buyback program.
7:00 PM EST | February 06, 2018
Canadian Offshore Oil Interest Grows As Pipeline Woes Sink Alberta Prices
Canada's offshore oil industry is drawing rising investment interest.
7:00 PM EST | December 19, 2017
4 Ways Agile Sourcing Can Lead Enterprises to Success
Rapidly changing business and market conditions can send the supply chain into a tailspin and turn managing it effectively into a nightmare task.
7:00 PM EST | November 09, 2017
Gadfly: Anadarko Woke Up, and It Really Smells the Coffee
Five bucks: The price of a fancy cup of coffee had a subtle, but important, role on Anadarko's earnings call.
8:00 PM EST | October 31, 2017
No More Free Lunch Is the Big Change Under Way in the Oil Market
For years, investors have played Popeye to the energy industry's Wimpy.
8:00 PM EST | October 08, 2017
Anadarko To Spend $2.5B On Massive Share Buyback
Anadarko says it would spend $2.5 billion to buy back its own stock.
8:00 PM EST | September 19, 2017
Harvey Could Become First Hurricane to Strike Texas Since 2008
Harvey has already spurred one refiner to start shutting down a plant and forced workers to be evacuated from Gulf of Mexico platforms.
8:00 PM EST | August 22, 2017
Anadarko Becomes First US Oil Producer To Slash 2017 CAPEX
Anadarko Petroleum posts a larger-than-expected quarterly loss and said it would cut its 2017 capital budget.
8:00 PM EST | July 23, 2017
Blast Backlash Hangs Over Drillers as 'Fractivists' Seek Limits
Two months after a Colorado home exploded near an Anadarko well, the reverberations are still rattling the oil industry, driving down driller shares and raising fears of a regulatory backlash.
8:00 PM EST | June 12, 2017
Colorado Oil Tank Fire Kills One, Injures Three
A blaze engulfed a Colorado oil tank battery on Thursday, killing one worker and injuring three, authorities said.
8:00 PM EST | May 25, 2017
Anadarko Petroleum Posts Bigger-Than-Expected Loss As Costs Rise
Anadarko reports a bigger-than-expected quarterly loss.
8:00 PM EST | May 01, 2017
Anadarko Shares Fall After Colorado Blast Prompts Well Closings
Anadarko drops the most since August after the oil and natural gas explorer said it will shut more than 3,000 Colorado wells as part of an investigation into a deadly house explosion.
8:00 PM EST | April 26, 2017
Oil, Gas CEOs Optimistic about Future of E&P in North America
Oil and gas CEOs Harold Hamm, Jeff Ventura and Al Walker are ready to ramp up US exploration and production activity and hope the industry is equipped.
7:00 PM EST | March 09, 2017