Tag: anadarko

Anadarko’s $5 billion pollution settlement wins approval

Anadarko Petroleum Corp.’s agreement to pay $5.15 billion for pollution cleanup across the U.S. was approved over objections from people who said their illnesses won’t be properly compensated.  More »

Apache selling deep-water Gulf projects for $1.4 billion

An Apache Corp. subsidiary will sell its non-operated interest in the massive Lucius and Heidelberg deep-water Gulf of Mexico developments as part of a $1.4 billion deal with Freeport-McMoRan Copper & Gold subsidiary, according to a Thursday morning announcement from Apache.  More »

Commentary: A new approach to deep-water innovation

Anadarko Petroleum Corp. CEO Al Walker explains how a new management approach to large deep-water developments saved the company more than $1 billion.  More »

Offshore and onshore go hand in hand, execs tell OTC

Predictable oil flows from onshore shale development help balance the risk of more speculative offshore projects, industry executives emphasized Monday.  More »

Anadarko joins ad blitz to thwart Colorado fracking bans

Anadarko Petroleum Corp. and Noble Energy Inc., Colorado’s largest oil producers, are waging a media campaign to promote the benefits of hydraulic fracturing as residents push statewide measures to restrict the production technique as a threat to the environment.  More »

Drilling suspended after waves strike rig

Anadarko Petroleum suspended drilling while it evaluates the status of a Gulf of Mexico drilling rig hit by heavy waves Tuesday morning.  More »

Judge rules Anadarko emails don’t show fault in Gulf oil spill

Anadarko Petroleum Corp. (APC) officials urged BP Plc to drill deeper into the Gulf of Mexico well that caused the worst offshore oil spill in U.S. history even after BP warned that doing so would be unsafe.  More »

Anadarko plans up to $8.5B in 2014 capital investment

Anadarko Petroleum Corp. plans up to $8.5 billion in 2014 capital investment, with 60 percent aimed at U.S. onshore operations.  More »

Houston group seeks to put US on the road to natural gas

Natural gas companies are trying to get more people using their fuel in cars and trucks, and the University of Houston is helping them out.  More »

Noble Energy announces $4.8B capital plan for 2014

Noble Energy is planning to plough the lion’s share of its $4.8 billion planned capital investments in onshore plays in 2014, aiming to continue its double-digit production growth in these prolific unconventional fields both in the US and abroad.  More »

Anadarko shares tumble after $14B judgment

A federal bankruptcy judge’s ruling that Anadarko Petroleum Corp. may have to pay up to $14 billion in liabilities shocked Wall Street on Friday. Investors have erased nearly $4 billion from the company’s market capitalization Friday.  More »

Offshore drilling industry takes aim at safety rule

Energy companies and industry trade groups broadly criticized a government plan to rewrite standards governing oil and gas production systems used offshore.  More »
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