John Christiansen News
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Texas sued BP Plc, Transocean Ltd. and others involved in the 2010 oil spill, calling it the “worst environmental disaster” in U.S. history and becoming the fifth Gulf of Mexico state to file claims.
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The New York Stock Exchange broke trades in Anadarko Petroleum Corp. after the shares briefly plunged 99 percent in the final minute of today’s session.
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Ecopetrol SA, Colombia’s state-run oil company, acquired a 15 percent stake in the Deep Nansen prospect in the U.S. Gulf of Mexico from Anadarko Petroleum Corp.
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Plains Exploration & Production Co. shareholders are anticipating positive results from an oil well discovery, stoking bets that Freeport-McMoRan Copper & Gold Inc. will be forced to boost its takeover bid.
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Anadarko Petroleum Corp. Executive Chairman Jim Hackett plans to attend Harvard Divinity School following his retirement from the $41.8 billion oil and natural gas company he led for almost 10 years.
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Two Basic Energy Services Inc. employees were killed and two others remain hospitalized in West Texas after an April 5 blowout at an Anadarko Petroleum Corp. oil and natural gas well.
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PetroSA, South Africa’s state-owned oil company, sold a stake in blocks 5, 6 and 7 off South Africa’s west coast to Anadarko Petroleum Corp., marking the U.S. producer’s entry into the country.
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Anadarko Petroleum Corp. , the U.S. partner in BP Plc’s damaged Gulf of Mexico well, said it made the first documented deep-water oil find off the coast of East Africa in Mozambique’s Rovuma Basin.
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BP Plc, Transocean Ltd. and Halliburton Co. must convince a federal judge that mistakes that led to the 2010 Gulf of Mexico oil spill don’t amount to gross negligence if they are to avoid billions of dollars in damages for the largest offshore oil spill in U.S. history.
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Anadarko Petroleum Corp., the largest independent U.S. oil and natural-gas producer by market value, rose the most in a month after announcing an Algerian tax settlement that will increase revenue by $1.8 billion in the first year.
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