Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation (NYSE: APC) to acquire all of the…
Tag: Big Oil
Exxon Mobil and Chevron Plan on Texas size Scale in the Permian Basin
Exxon Mobil and Chevron said they would boost their growth in the Permian basin substantially. Big oil is getting even bigger in shale, and that…
How Would Venezuela’s Oil-rich Country Look After U.S Oil Companies Take Over?
The focus is shifting now to slow and steady strangulation of Venezuela’s oil-rich economy, with mounting U.S. sanctions against the state-run petroleum company, PDVSA, a…
Oil market conditions should improve over the coming months, BP CEO Bob Dudley told CNBC.
His comments come at a time when energy market participants expect U.S. sanctions on crisis-stricken Venezuela, as well as OPEC-led production cuts, to offset a…
SRC Energy Inc. Announces Closing Of 6.250% Senior Notes Offering
SRC Energy Inc. (NYSE Amex:SRCI) (“SRC” or the “Company”), a U.S. oil and gas exploration and production company with operations focused on the Wattenberg Field in the Denver-Julesburg Basin, today announced the closing of its previously announced offering of $550 million aggregate principal amount of 6.250% senior unsecured notes due December 2025 (the “notes”). Read more