Oil

Occidental Inks $8.8 Billion Deal to Sell Anadarko's African Oil and Gas Assets to Total

Occidental is competing with Chevron, a much larger rival, to take over Anadarko. Occidental would sell Anadarko’s assets in Algeria, Ghana, Mozambique and Sou…

Trump Issues Updated Presidential Permit for Keystone XL Pipeline

The move was seen as an attempt to jump-start the project’s construction after a federal judge in Montana blocked it in November and ordered further environmen…

Johan Sverdrup Offshore Installation Completed On Schedule

During phase 1, Johan Sverdrup will produce 440 Mbopd when plateau production is reached, increasing to 660 Mbopd after phase 2 commences in the fourth quarter …