2016-03-03 18:55:00
ANADARKO SELLS MORE
Anadarko will sell more assets and reduce by nearly half its spending on oil and natural gas exploration this year.
One of the world's biggest independent oil and natural gas exploration and production companies, Anadarko said Tuesday it will cut capital expenditures this year to between $2.6 billion and $2.8 billion, from about $5.5 billion last year.
"Nearly all of the reduction is being taken out of our U.S. onshore activities," company spokesman John Christiansen said in an interview.
Cutbacks by Anadarko and other U.S. producers have played…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
Chronicle:
2021, January, 21, 14:14:00
7TH MOZAMBIQUE MINING, OIL & GAS AND ENERGY CONFERENCE AND EXIBITION
Since 2008 MMEC has been covering the key developments, policies and projects in Mozambique’s extractive industries. It has become an important networking platform for all stakeholders by showcasing the huge opportunities in the Mining, Energy and Oil & Gas sectors and their ramification on the national economy.
2021, January, 21, 14:10:00
U.S. NUCLEAR DEVELOPMENT
The U.S. nuclear energy industry pulled out some big wins in 2020,
2021, January, 21, 14:05:00
ENERGY TRANSITION INVESTMENT $500 BLN
In 2020, global investment in the low-carbon energy transition totalled $501.3 billion, up from $458.6 billion in 2019 and just $235.4 billion in 2010.
2021, January, 21, 14:00:00
AKER, MAINSTREAM ACQUISITION €900 MLN
Mainstream Renewable Power is the largest independent developer in Chile and has significant assets in Africa.
2021, January, 21, 13:55:00
AUSTRALIA'S SANTOS PRODUCTION +18%
Record annual production of 89 mmboe, 18% above the prior year and at the top end of upgraded guidance provided in December
2021, January, 21, 13:50:00
TC ENERGY DISAPOINTED
TC Energy Corporation announced it is disappointed with the expected action to revoke the existing Presidential Permit for the Keystone XL pipeline.
2021, January, 20, 14:50:00
OIL PRICE: ABOVE $56 ANEW
Brent was up 42 cents, or 0.8%, to $56.32. WTI climbed 51 cents, or 1%, to $53.49.