© Reuters. FILE PHOTO: The emblem for Occidental Petroleum is displayed on a display on the ground on the New York Inventory Change (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Picture (Reuters) – Occidental Petroleum (NYSE:) mentioned on Monday it might purchase power producer CrownRock in a cash-and-stock deal valued at $12…
The world must be spending much more cash on clear vitality. Funding in it should exceed $4 trillion annually by 2030 to restrict warming to 1.5 levels centigrade, the Worldwide Vitality Company says, in contrast with simply $1.1 trillion spent final 12 months, according to BloombergNEF. However one main oil government, the pinnacle of the…
© Reuters. Occidental Petroleum (NYSE: NYSE:) has been on a strategic path to strengthen its monetary footing since its high-stakes acquisition of Anadarko Petroleum (NYSE:) again in 2019. The $55 billion deal, supported by a $10 billion most popular inventory funding from Warren Buffett’s Berkshire Hathaway (NYSE:) (NYSE: BRK.A)(NYSE: BRK.B), was a daring transfer that…
© Reuters. Division of Vitality officers lead reporters on a tour of the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson WASHINGTON (Reuters) – The U.S. plans to purchase 1.2 million barrels of oil to assist replenish the Strategic Petroleum Reserve after it bought off the biggest quantity ever final yr,…
