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Tag: petroleum
Occidental Petroleum Faces Lawsuit Over Payment of Crude Deliveries
2020-07-17 00:00:00| OGI
In the lawsuit, midstream marketing firm MidCon Gathering alleges Occidental did not pay for crude deliveries, the latest dispute to arise from production shut-ins prompted by a crash in oil prices this year.
Tags: payment
faces
petroleum
lawsuit
Marketed: Callon Petroleum Nonop Permian Basin, Eagle Ford Portfolio
2020-07-14 21:25:00| OGI
Callon Petroleum retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its nonoperated working interest portfolio in the Permian Basin and Eagle Ford.
Tags: ford
portfolio
eagle
petroleum
Woodside Petroleum to Take $4.37 Billion Loss from Coronavirus
2020-07-14 14:50:10| OGI
The bulk of the impairment$3.92 billionis tied to Woodside cutting the value of oil and gas production and exploration assets, amid "increased uncertainty" over the development timing of gas fields off Australia and in Canada.
Tags: loss
billion
petroleum
woodside
Mexico and Canada are the biggest recipients of US petroleum exports
2020-06-30 10:55:41| Green Car Congress
Tags: us
canada
mexico
biggest
Occidental Petroleum Warns of Up to $9 Billion Asset Write-down
2020-06-25 16:30:00| OGI
Occidental Petroleum separately said it would buy back up to $1.5 billion worth of senior notes as it tries to reduce its debt, which ballooned after an ill-timed acquisition of Anadarko Petroleum last year.
Tags: billion
asset
petroleum
occidental
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