Anadarko

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Under the deal Tullow is set to increase its share in the offshore DWT block by 7.7% for around $150m, bringing it to a total of 54.8%. This would increase Tullow’s equity interests in the Jubilee and Ten fields to 38.9%  and 54.8%  respectively.  Photograph: iStock

Tullow Oil is set to increase its stake in the Jubilee and Ten fields in Ghana following the exercising of its right of pre-emption related to the sal(...)

Declan Kelly

It took Declan Kelly and Doug Band just a decade to build Teneo into what they could call, with only a little of the PR men’s trademark topspin, “the (...)

The acquisition will increase Chevron’s total reserves base by almost a fifth at a cost of less than $5 a barrel of oil equivalent. Photograph:  Getty Images

Chevron has agreed to buy Noble Energy for $13 billion including debt in the oil and gas industry’s first big deal since geopolitical tensions and the(...)

  Occidental Petroleum is set to raise $13 billion  through the US bond market   to fund its takeover of Anadarko. Photograph: Reuters

Occidental Petroleum is set to raise $13 billion (€11.6 billion) through the US bond market on Tuesday to fund its takeover of Anadarko, an acquisitio(...)

Exxon has posted an overall 7 per cent rise to 3.9 million barrels of oil equivalent a day and Chevron’s rising 9 per cent to 3.08 million barrels a day. Photograph: Jim Young/Reuters

ExxonMobil and Chevron both beat analyst expectations with their second-quarter results as the US oil majors ramped up production in the Permian Basin(...)

Teneo chief executive Declan Kelly.

The Declan Kelly-led communications and advisory firm Teneo has been dragged into arbitration after having worked for both sides in the takeover battl(...)

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(...)

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