Chesapeake Energy Corp. is hiring an Anadarko Petroleum Corp. engineer who oversaw oil projects around the world to slash costs and transform a corporate culture forged by Chesapeake’s wildcatting co-founder.
As Anadarko Petroleum Corp. Chairman Jim Hackett steps down and heads off to Harvard Divinity School, Chief Executive Officer Al Walker’s biggest challenge is convincing investors nothing will change at the $45 billion global oil explorer.
Anadarko Petroleum Corp., the oil explorer that’s expanding production in Colorado and Texas, reported first-quarter profit that surpassed analysts’ estimates as the company raised the top end of its 2013 forecast.
James Sullivan , a former managing director of Millennium Management LLC’s Asian business, said he joined JPMorgan Chase & Co. as head of Asia telecom research and telecom, Internet and new media strategist.
The U.S. has 2,384 trillion cubic feet of recoverable natural gas according to an industry estimate, twice what a similar study concluded nine years ago as drillers began tapping shale formations using a technique known as hydraulic fracturing.
Anadarko Petroleum Corp., the second- biggest U.S. independent oil and natural gas producer by market value, reported fourth-quarter profit that exceeded analysts’ estimates and output that surpassed its own forecast.
Anadarko Petroleum Corp., the second- biggest U.S. independent oil and natural gas producer by market value, reported fourth-quarter output that exceeded its own forecast and profit that surpassed analysts’ estimates.
Slumping oil and natural-gas prices threaten to exacerbate a cash crunch at Chesapeake Energy Corp., adding to pressure on Chief Executive Officer Aubrey McClendon to sell oilfields from Texas to Ohio.
Brookfield Office Properties, owner of lower Manhattan’s World Financial Center , forecast 2011 funds from operations below analysts’ estimates as lease expirations in New York and Boston may result in new deals at lower rents.
Chesapeake Energy Corp., the U.S. energy producer that wrote down $2 billion in natural gas reserves yesterday, said some asset sales may be delayed as it seeks new buyers. The shares fell the most in four months.