Tag: Anadarko Petroleum

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 »

Anadarko’s 62 percent jump in the Eagle Ford

The South Texas numbers keep improving for Anadarko Petroleum Corp., which is selling about 32,000 barrels per day of crude oil and natural gas liquids from its Eagle Ford Shale operations – a 62 percent increase over the same time last year.  More »

Anadarko gets zippy in the Eagle Ford

Like other companies operating in the Eagle Ford Shale region, the Woodlands-based Anadarko Petroleum appears to be in the race to drill the fastest wells. The company, which has 400,000 acres in Dimmit, La Salle, Maverick and Webb counties, recently had its fourth quarter call with analysts. Executives said that by the end of 2012, [...]  More »

Noble Energy planning 20-story office tower

Noble Energy is building a corporate campus, spanning nearly 1 million square feet, on the southwest corner of Texas 249 and Louetta. It’s the latest in a string of energy firms planning campus developments.  More »
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