Tag: Anadarko Petroleum

Court reaffirms BP is liable in Gulf oil spill

BP is facing $18 billion in penalties stemming from the 2010 oil spill.  More »

Halliburton goes on airwaves in Colorado (video)

Halliburton Co. is hitting the airwaves in Colorado on Wednesday with a new television ad meant to burnish the image of the Houston-based oilfield service firm and the hydraulic fracturing operations it conducts across the U.S.  More »

Anadarko: 1,000 Eagle Ford wells and counting

The Woodlands-based Anadarko Petroleum Corp. has drilled more than 1,000 Eagle Ford Shale wells so far — and it’s averaging bringing one new well online every day.  More »

Houston companies join fracking fray in Colorado

Anadarko Petroleum Corp. and Noble Energy Inc. are pumping campaign money into a state where pumping oil and gas is central to their portfolios, and where energy industry critics are pushing for new restrictions.  More »

Human errors account for 80% of offshore accidents, exec says

Safety must be the backbone of any offshore company’s corporate culture because four of every five major offshore accidents are caused by human errors rather than mechanical or structural failures, an Anadarko Petroleum executive said Monday.  More »

Catholic sisters aim to purify Big Oil shale drilling

Even oil companies can’t escape the gaze of the biggest regulator of them all.  More »

Executive pay drops as shareholder pressure rises on oil giants

Several of the largest U.S. energy companies cut into top-shelf executive pay last year as activist investors pushed them to shrink their oil empires and steer more capital to shareholder pockets.  More »

Researcher: 2014 slated to be most active year for global shale drilling

This year is slated to be the most active year for international drilling yet, even as investors show less interest in risky ventures, a Wood Mackenzie researcher said this week.  More »

Oil companies pay $630M in Pennsylvania drilling fees

Anadarko Petroleum, Chesapeake Energy and others will pay the state of Pennsylvania about $225 million in fees this year for drilling in the gas-rich Marcellus Shale, but critics of state law say they aren’t paying enough.  More »

Anadarko ends long legal battle with multibillion-dollar settlement

Anadarko Petroleum said Thursday it has agreed to pay creditors and government officials $5.15 billion to settle a half-decade of legal battles over allegations that a subsidiary had improperly transferred environmental liabilities to a spin-off company nine years ago.  More »

CEO: Rock can get Chesapeake out of hard place

Doug Lawler’s strategy for turning Chesapeake Energy around after a rough spell centers on making the most of what the company already has: great shale positions.  More »

Anadarko to sell Chinese unit for $1.1 billion

Anadarko Petroleum said late Monday it reached a deal to sell its Chinese subsidiary.  More »

Anadarko unit pushes court to slash billions from its liability in Tronox case

Investors boosted Anadarko Petroleum’s market value by $1.4 billion on Tuesday, a day after the company’s Kerr-McGee unit pushed back on a federal court’s ruling that it owes up to $14 billion in environmental and tort liabilities.  More »

Pickens sells off large part of energy hedge fund holdings

In the same quarter Forbes Magazine declared he was no longer a billionaire, Texas oil tycoon T. Boone Pickens dumped nearly half of his oil and gas positions, hawking stakes in Apache Corp., BP, Chevron and a dozen others.  More »

Anadarko to use Mozambique proceeds for shale development

Anadarko Petroleum Corp. plans to ramp up investments in domestic shale plays, targeting the Eagle Ford and Wattenberg basins as particularly lucrative, company officials said in a Tuesday morning earnings call.  More »
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