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NEWS |
Independent oil firms are filling gap left by majors off Scotland
CHEVRON’s decision to sell a big North Sea portfolio to Ithaca Energy for $2billion (£1.6bn) provides fresh evidence some US giants are losing interest in the area.
NEWS |
Delek's Ithaca to buy Chevron's North Sea interests for $2 billion
Ithaca Energy Limited is buying Chevron’s British North Sea oil and gas field interests for $2 billion (£1.6 billion), the unit of Israel’s Delek Group said on Thursday.
NEWS |
Chevron Australia’s drill bit makes start on new wells in Gorgon and Jansz-Io gas fields
Energy giant Chevron has today kicked off a multibillion-dollar expansion of its $US54 billion ($78 billion) Gorgon LNG project in WA’s North West with the start of a second-stage drilling campaign to (...)
NEWS |
Equinor to increase share in high value asset in deepwater US Gulf of Mexico
Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. This (...)
NEWS |
Chevron Bows Out Of Anadarko Fight, Oxy Jet Trip Suggests Shell Might Step Up
A report that Occidental Petroleum’s corporate jet traveled to the Hague, one of Shell’s two home towns, has sparked a fresh flare-up of speculation regarding its proposed acquisition of Anadarko, CNB (...)
NEWS |
Occidental revises Anadarko bid, offers mostly cash
Occidental Petroleum, continues to tinker with its offer to buy Anadarko Petroleum, late Sunday putting a revised bid in front of the independent producer, offering mostly cash as it looks to wrest it (...)
NEWS |
Occidental tweaks US$38bil Anadarko bid to remove shareholder vote
Occidental Petroleum Corp increased the cash component of its $38 billion bid to acquire Anadarko Petroleum Corp on Sunday, removing a requirement for any deal to receive the approval of Occidental's (...)
NEWS |
Chevron acquires Petrobras refinery for $350m
Chevron USA, a wholly owned subsidiary of Chevron Corporation, said that it has completed the acquisition from Petrobras America of all the outstanding stake of Pasadena Refining System and PRSI Tradi (...)
NEWS |
Delek Offering to Buy $2 Billion of North Sea Gas Fields From Chevron
Delek Group said on Sunday it had submitted a proposal through its Ithaca unit to buy Chevron’s oil and gas fields in the British North Sea as the Israeli holding company expands its overseas energy b (...)
NEWS |
Exclusive - Anadarko to pursue deal talks with Occidental Petroleum
Anadarko Petroleum Corp, the U.S. oil and gas exploration and production company that agreed this month to sell itself to Chevron Corp for $33 billion, decided on Sunday to begin negotiations to sell (...)
NEWS |
Chevron’s $33 Billion Deal for Anadarko Sets Up More Shale Mergers, Expands Gulf Drilling
Chevron agreed to buy Anadarko, one of the largest independent producers in the U.S., in a cash-and-stock deal valued at $33 billion.
NEWS |
Anadarko confirms Occidental's $57 billion bid
Oil and gas producer Anadarko Petroleum Corp on Wednesday confirmed Occidental Petroleum Corp’s $57 billion offer for the company that topped Chevron Corp’s $50 billion bid and said it would carefully (...)
NEWS |
Exxon, Chevron first-quarter earnings expected to dip from last year
Exxon Mobil and Chevron are expected to report lower quarterly earnings per share when compared with last year’s first quarter, though their stocks have outperformed smaller companies with both in the (...)
NEWS |
Chevron and Exxon Say They Can Turn Around the Failed Finances of Fracking Industry
The oil majors — a group of multinational companies that typically have divisions throughout the oil supply chain — now are investing heavily in fracked oil and gas operations.
NEWS |
Chevron deal makes it oil ‘ultramajor’
Chevron Corp agreed to buy Anadarko Petroleum Corp in a US$33 billion deal that adds US shale oil and African liquefied natural gas (LNG), and puts it in the top ranks of the world’s largest energy co (...)
NEWS |
Front Runners named for Chevron’s North Sea Fields
The front runners for the package of North Sea oil and gas fields put on sale by Chevron have been reported as IIsrael’s Delek Group Ltd. and U.K. chemicals company Ineos Group.
NEWS |
Chevron unveils $50bn takeover of rival Anadarko
Chevron, the second-largest US oil and gas company, has agreed a $50 billion (€44 billion) deal to buy Anadarko Petroleum.
NEWS |
Aker Solutions Wins FEED Contract for Subsea Compression System
Aker Solutions has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia.
NEWS |
Oil firm’s ‘new North Sea bid’
Premier Oil has linked with Apollo Global Management, the US private equity fund, in a push for UK North Sea oil and gas fields owned by Chevron, it is reported.
NEWS |
SEA’s Legacy Locker Avoids Downtime
Subsea equipment re-use and refurbishing expert, SEA, has provided refurbished electrical jumper assemblies to Chevron North Sea Limited (“Chevron”) that were urgently needed to support ongoing operat (...)
NEWS |
Subsea Innovation achieves world first DNV GL type approval
Subsea Innovation Ltd, part of Tekmar Group plc, has announced that it has been awarded DNV GL type approval for its SIClamp structural pipeline repair clamp technology.
NEWS |
BP Unlocks One Billion Barrels In Gulf Of Mexico With New Tech
Earlier this decade, BP and the Gulf of Mexico was an awkward and uneasy collocation for the UK oil supermajor after the 2010 Deepwater Horizon disaster.
NEWS |
Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions
Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has (...)
NEWS |
Equinor completes acquisition of the UK Rosebank project
Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of t (...)
NEWS |
Watch: Inside one of the world’s largest oil platforms
Suncor Energy has shared footage of the inner workings of the giant ExxonMobile-operated structure.
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