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JWN Energy 06/03/2020 09:31
Suncor Energy Inc. is investing $15 million to help establish launched LanzaJet, Inc. a new company that will produce sustainable aviation fuel.
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Seeking Alpha 05/29/2020 00:27
Our Grid and Hydro businesses, businesses we acquired from Alstom are in need of work.
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Big News Network (UAE) 05/27/2020 16:33
As of Tuesday, Occidental's market value had dropped to US$13 billion from about US$44 billion when the merger closed.
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OilPrice.com 05/27/2020 16:30
Chevron Corp has plans to cut between 10 percent and 15 percent of its workforce as crude oil prices remain stubbornly low amid the coronavirus pandemic and oversupply.
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National Post (Canada) 05/27/2020 14:02
NEW YORK — Occidental Petroleum Corp has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices, after paying $35.7 billion to acquire Anadarko Petroleum Corp. The proposed securities class action was filed late Tuesday in a New York [...]
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Platts 05/27/2020 09:18
Looney, who succeeded Bob Dudley as CEO in February, said BP was making "good progress with this transformation" and planned to provide a detailed update on its efforts at a strategy presentation in September.
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Siemens Gamesa offshore business unit CEO Andreas Nauen said: “Offshore is in our DNA.
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FP Trading Desk (Canada) 05/19/2020 23:19
LONDON — Exxon Mobil has relaunched the sale of its stake in Azerbaijan’s largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian oil and gas companies seeking to capitalize on the recent collapse in oil prices.
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