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Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarkos African Assets

2019-05-05 20:25:49| OGI

Occidental Petroleum agreed on May 5 to sell Anadarkos African assets to Total for $8.8 billion as the company continues its takeover battle with Chevron.

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Exxon Mobil, Hess Sanction $6 Billion Liza Phase 2 Offshore Guyana

2019-05-03 20:37:59| OGI

The offshore Guyana project will comprise six drill centers along with about 30 wells, including 15 producers, nine water injectors and six gas injectors.

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Exxon Mobil, Hess Sanction $6 Billion Liza Phase 2 Offshore Guyana

2019-05-03 20:37:20| OGI

The massive project will comprise six drill centers along with about 30 wells, including 15 producers, nine water injectors and six gas injection wells.

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Shell Reportedly Pursuing $1 Billion Exit From LNG Project

2019-05-03 14:40:49| OGI

Shell is moving to sell its stake in Indonesia's $15 billion Abadi LNG project, Reuters reported citing industry and banking sources.

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Qualcomm expects USD 4.5-4.7 billion from Apple settlement in Q3

2019-05-02 08:34:00| Telecompaper Headlines

(Telecompaper) Qualcomm said it expects to receive USD 4.5-4.7 billion in back revenues and payments from Apple as part of the recently announced settlement of their legal disputes from the past two years. The money will be booked in Qualcomm's fiscal third quarter to June, along with the first current royalties from Apple and its contract manufacturers. The announcement was made alongside better-than-expected Q2 results from Qualcomm, which also included a weak underlying outlook for the current quarter.  

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