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Apache Corp.

The Anadarko Petroleum Corp. logo is seen on the hard hat of a contractor at the company's oil rig site in Fort Lupton, Colorado, U.S., on Tuesday, Aug. 12, 2014. U.S. crude oil inventories rose by 1.4 million barrels in the week ended Aug. 8, to 367 million, compared with the consensus-estimated draw of 1.6 million. Photographer: Jamie Schwaberow/Bloomberg

Anadarko has pulled offer to buy Apache, CEO says

The CEO of Anadarko Petroleum Corp. has confirmed his company recently approached smaller rival Apache Corp.
John Christmann IV, chief executive officer of Apache Corp., speaks during an interview at the company's headquarters in Houston, Texas, U.S., on Tuesday, June 9, 2015. (Aaron M. Sprecher/Bloomberg)

Apache shares surge on report of interested buyer

Apache Corp. shares climbed as much as 13 percent on Monday.
An oil well owned an operated by Apache Corporation in the Permian Basin are viewed on February 5, 2015 in Garden City, Texas. (Photo by Spencer Platt/Getty Images)

Apache pulls back rigs but still expects to grow production

Despite the downturn, the Houston oil producer believes it can boost its oil production this year
(Photo by NOAA via Getty Images)

Halfway through hurricane season, weather largely calm

The hurricane season runs from June 1 through November, and usually peaks from mid-August through late October. This year’s season started early when Tropical Storm Ana struck South Carolina in May, but has been quiet since. No major hurricanes have formed.
An oil well owned an operated by Apache Corporation in the Permian Basin are viewed on February 5, 2015 in Garden City, Texas. (Photo by Spencer Platt/Getty Images)

Apache posts $5.6 billion loss, but still beats analyst estimates

Apache saw its oil production grow from both the first quarter and the second quarter of 2014, buoyed primarily by gains in Texas’ Permian Basin and in Egypt.
(Eddie Seal/Bloomberg News)

2015 already a record year for writedowns, IHS says

Beleaguered drillers wrote off $29 billion in the first quarter of the year alone, more than the 2014 full-year total of about $25 billion.
Larry Mitchell uses the new Natural Gas filling station at a Texaco Station at 24985 Katy Freeway,in Katy, Texas Tuesday July 7, 2015. The Katy based CNG 4 America is a  supplier of Natural Gas. (Billy Smith II / Houston Chronicle)

Katy-based CNG company adds another Houston fueling station

In just a few years of rapid growth, the Houston area now counts more than a dozen CNG stations from Rosenberg up to Conroe, including one by Apache Corp. in the Galleria area.
(Eddie Seal/Bloomberg)

Freeport-McMoRan’s offshore drilling firm going public

Houston-based Freeport-McMoRan Oil & Gas Inc. could be the first U.S. oil producer to launch an initial public offering this year, a sign that investors are figuring out what values to put on private oil and gas companies amid relatively steady $60 crude.
A heavy duty jack-up rig drills over the Forties Echo platform (Apache Corp.)

Apache reorganizes leadership, closes offices

Houston-based Apache CEO and President John Christmann, who abruptly took over the CEO role in January, is merging North American operations into two “super regions” in Houston and the Permian region in Midland. A third international and offshore super region will consist of Apache’s Egypt, North Sea and Gulf of Mexico regions.
Emir Nevarez, left, and Edgar Mascorro, check out the damage on the rooftop at the Silver Springs Apartments in North Austin, Texas, Sunday, May 24, 2015. (Ricardo B. Brazziell/Austin American-Statesman via AP)

Video: Three injured in North Texas after tornado hits Houston company’s natural gas rig

The sherriff’s office said one of the injured suffered an “impalement to the abdomen,” and another had non-life-threatening injuries to the face. The third had minor injuries, and was in stable condition as of Wednesday night, according to Reuters.