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Tag: petroleum
Marathon Petroleum Retains Midstream Unit, Names MPLX Head As CEO
2020-03-18 22:00:00| OGI
Marathon Petroleum said the separation of midstream unit MPLX would be cash-flow negative and require between about $11 billion and $15 billion that would otherwise go toward shareholder returns.
Carl Icahn Reportedly Boosts Occidental Petroleum Stake To Nearly 10%
2020-03-12 13:40:00| OGI
Carl Icahn, who held a roughly 2.5% stake in Occidental as of end-2019, has previously criticized its $38 billion deal for rival Anadarko Petroleum as a misplaced bet on oil prices rising.
Tags: carl
petroleum
stake
reportedly
Occidental Petroleum To Slash Dividend, Spending As Oil Prices Crash
2020-03-10 18:00:44| OGI
Occidental said it would slash its quarterly dividend to 11 cents per share from 79 cents.
Tags: prices
oil
spending
crash
Former Anadarko Petroleum CEO Al Walker Joins ConocoPhillips Board
2020-03-06 19:00:00| OGI
Walker joins the ConocoPhillips board nearly a year after Anadarko Petroleum agreed to be acquired by Chevron, setting off a multibillion-dollar takeover battle.
Tags: board
ceo
walker
petroleum
Marketed: Cove Petroleum Portfolio Across Major Oil Producing States
2020-03-04 22:30:00| OGI
Energy Advisors Group has been retained by Cove Petroleum to assist in marketing its entire portfolio of working interests plus royalty and overriding royalty interests in 422 wells, mainly in Texas and Oklahoma.
Tags: states
major
oil
portfolio
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