Anadarko

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The European airline sector underperformed, with Ryanair closing 2%  lower at  €10.77

European shares slid on Thursday, with investors exiting positions in favour of safer assets as they waited to see if US-China talks will yield tangib(...)

Photograph: Loren Elliott/Reuters

Chevron abandoned its takeover bid for Anadarko on Thursday, outmanoeuvred by Occidental Petroleum’s higher, $38 billion offer that included more than(...)

Wall Street, on Monday. Dow Jones industrials lost over 400 points in early trading over investor unease regarding developments in China-US trade negotiations. Photograph: Justin Lane/EPA

Stocks around the world tumbled on Monday and oil prices slumped after Donald Trump threatened to raise tariffs on China, triggering an investor exodu(...)

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE)

Occidental Petroleum moved a step closer to sealing its proposed $38 billion acquisition of Anadarko Petroleum after it sweetened its offer and agreed(...)

Berkshire Hathaway chief Warren Buffett ahead of the company’s annual meeting in Omaha, Nebraska on Saturday. Photographer: Houston Cofield/Bloomberg

Warren Buffett underlined his commitment to buy back shares of Berkshire Hathaway to the tens of thousands of shareholders at the company’s annual mee(...)

Warren Buffett, CEO of Berkshire Hathaway.

Warren Buffett’s Berkshire Hathaway has pledged to invest $10 billion (€9 billion) in Occidental Petroleum to back its $55 billion bid for rival Anada(...)

Drilling platform, Texas. The tussle for Anadarko has transfixed the oil industry over the past two weeks. Photograph: Brandon Thibodeaux/The New York Times

Anadarko plans to resume talks about a potential $38 billion (€34 billion) takeover by Occidental, a move that threatens to scupper a previously agree(...)

People shelter in a community centre on Thursday in Moroni after tropical storm Kenneth hit Comoros before heading to recently cyclone-ravaged Mozambique.  Photograph: Ibrahim Youssouf/AFP/Getty Images

Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking o(...)

An Anadarko installation  in the Gulf of Mexico. Photograph: EPA

Oil and gas producer Occidental Petroleum on Wednesday made a $57 billion (€50.9 billion) bid for Anadarko, topping Chevron’s $50 billion offer and se(...)

The Anadarko deal will strengthen Chevron’s position in US shale oil production in the Permian Basin of Texas and New Mexico. Photograph: Getty Images

Chevron, the second largest US oil and gas company, has agreed a $50 billion (€44bn) deal to buy Anadarko Petroleum, one of the country’s leading inde(...)

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