Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
BP’s latest full-page newspaper ad suggests the departure of two senior officials who administered payments to victims of the 2010 Gulf of Mexico oil spill is evidence of “mounting problems” at the settlement program.
A joint venture of Kinder Morgan Energy Partners LP and Magellan Midstream Partners LP has entered into a long-term agreement to move Eagle Ford Shale liquids for Anadarko Petroleum Corp. Kinder Morgan Crude and Condensate LLC and Double Eagle Pipeline LLC, a 50-50 joint venture between Magellan Midstream Partners LP and Kinder Morgan Energy Partners, […]
Pipeline giant Kinder Morgan Energy Partners will spend nearly $1 billion to move into the tanker business after agreeing to buy two companies that ship oil between U.S. ports, the companies said Monday.
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