Occidental Petroleum | Egypt Oil & Gas
Occidental Petroleum Exceeds Third-Quarter Profit Estimates
Occidental Petroleum released its third quarter on Tuesday, reporting adjusted profit of $977 million or $1.00 per share surpassing analysts’ expectation of $0.74 adjusted per share income. “Strong operational p...
Pioneer Natural Gas Sets Emissions Reduction Target
Pioneer Natural Resources Company announced its target to reduce 25% of its greenhouse gas (GHG) emissions in addition to cut 40% in methane intensity by 2030. That includes the assets of Parsley Energy which it acqui...
ICE Signs Deals with US Firms to Use New UAE Murban Crude Futures
Intercontinental Exchange (ICE) has signed agreements with US supermajor Chevron, Occidental Petroleum, and leading merchant Trafigura AG to use the upcoming Murban crude futures contract as a pricing benchmark for US...
Oil Producers to Cut Oman’s Production by 200,000 bbl/d
Oman is preparing to slash oil output during May and June which will see the Sultanate reduce its production by 201,000 barrels per day (bbl/d), according to the Oman Observer. This figure represents a 23% cut of tota...
Algeria to Decide on Total’s Anadarko Deal in Months
Algeria will not take its final decision regarding Total’s acquisition of Anadarko Petroleum assets in the North African country before months due to the political unrest, two Algerian industry sources told Reut... Algeria Mulls Options for Total’s Anadarko Deal
The Algerian government is reconsidering Total’s acquisition of Anadarko’s Algerian assets and looks for a good compromise, according to Algeria’s Energy Minister Mohamed Arkab, Reuters reported. Occidental Petroleum ...
Oman Signs an EPSA with Occidental
Oman’s government has inked an exploration and production sharing agreement (EPSA) with Occidental of Oman, a wholly owned subsidiary of Occidental Petroleum Corporation, according to Times of Oman. The agreement was ...
ADNOC Awards Onshore Block 3 to Occidental Petroleum
The Abu Dhabi National Oil Company (ADNOC) announced signing an agreement with US-based Occidental Petroleum on February 2, which is the first onshore block to be awarded among the geographical areas that were offered...
