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Anadarko Petroleum

Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.
CB&I Chairman and CEO Philip K. Asherman, May 23, 2014 in The Woodlands, TX. (Eric Kayne/For the Chronicle)

CB&I focuses on Gulf Coast to ride out oil bust

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Although CB&I operates worldwide, more than 70 percent of its engineering and construction revenues in 2016 will come in the U.S., the company announced Tuesday during an investor day in New York.
Image of Anadarko's gas processing plant on fire near Orla, Texas. (Image courtesy  KWES)

Gas plant fire in West Texas being allowed to burn out

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Spokesman John Christiansen says the blaze was contained to one area of the plant, which halted operations following Thursday morning’s accident.
(AP Photo/Patrick Semansky)

Marathon abandons Gulf of Mexico well

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Despite the dry hole and its previously announced plans to sell off stakes in fields in the Gulf of Mexico to focus more on shale plays, Marathon isn’t completely sailing away from the region.
(Bill Montgomery/Houston Chronicle)

Oil companies lose trans-Alaska pipeline case

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The ruling states that the project to update four pump stations and control systems along the 800-mile line, known as Strategic Reconfigurations, was “imprudently” managed.
(Daniel Acker/Bloomberg)

Pair of DJ Basin pipelines joining into single project

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The combined pipeline will run from Colorado to the oil logistics hub in Cushing, Oklahoma more than 550 miles away.
Otis Barnes, left, of Port Arthur, and his daughter, Kay Barnes, of Groves, watch as the 15-story, 8,000-ton hull of the Neptune SeaStar - an oil and gas production platform that Australia-based BHP Billiton, Marathon Oil, Woodside Energy and Repsol will operate - is towed by tugboats down the Port Arthur Ship Canal Saturday morning, May 19, 2007.
BHP Billiton commissioned the rig to be built in June 2005, and that year's hurricanes didn't stop construction. This is one of the few hulls built in the U.S. rather than Finland, Korea or Japan, and the construction provided jobs when the hurricanes wiped out a lot of others for months.
PHOTO/SCOTT ESLINGER
© 2007 ESLINGER PHOTOGRAPHICS
May 19, 2007

Marathon Oil selling Gulf fields for $205 million

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The Houston oil producer said Monday it is holding onto minority stakes in two Gulf projects.
(Jerry Lara/San Antonio Express-News)

Explorers in need of cash are selling oil fields as last resort

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Having exhausted other ways to raise cash amid depressed prices, a slew of producers announced more than $2.4 billion in asset sales last month
EOG Resources CEO Bill Thomas at EOG's offices in downtown Houston Thursday Sept. 25, 2014. (Billy Smith II  / Chronicle)

Four Houston oil companies among Goldman Sachs’ picks for likely acquisition targets

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A new report makes says giants like Exxon Mobil and Chevron could be targeting shale exploration and productions companies with strong assets and balance sheets.
(AP Photo/Gerald Herbert, File)

Anadarko didn’t pay cleanup costs for Gulf of Mexico oil spill, U.S. witness says

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The statement may undermine the company’s argument that it shouldn’t be fined for the spill, while the U.S. government seeks more than $1 billion from Anadarko.