Occidental ("Occidental" or "the Company") (NYSE: OXY) ) today entered into a definitive agreement whereby Occidental will acquire Anadarko Petroleum Corporation ("Anadarko") (NYSE: APC) for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock, in a transaction valued at $57 billion, including the assumption of Anadarko's debt.

Chevron Corporation (NYSE: CVX) announced that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that Anadarko will terminate the Merger Agreement.

Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses, said on Friday it would file for Chapter 11 bankruptcy protection.

Brent crude oil futures were at $69.94 per barrel, 6 cents, or 0.1 percent, above their last close. U.S. West Texas Intermediate (WTI) crude futures were at $61.56 per barrel at 0057 GMT on Wednesday, 17 cents, or 0.3 percent, above their last settlement.

UkrTransNafta said checks on oil coming from Russia via Belarus indicated no contamination and that the crude complied with its normal quality standards.

Brent spot prices will average $70/b in 2019 and $67/b in 2020, compared with an average of $71/b in 2018.

Investors with a long-term horizons could give a look to Energy Industry. According a Value Line Report on Petroleum Industry, Oil Price above $50 a barrel provide some assurance that existing dividend will be maintained.

Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina,

Occidental Petroleum Corp agreed to sell Anadarko's Algeria, Ghana, Mozambique and South Africa assets to Total SA for $8.8 billion.

Brent crude oil futures trading at $69.34 per barrel, down $1.51, or 2.1 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $60.57 per barrel at 0646 GMT on Monday, down $1.37 per barrel, or 2.2 percent, from their last settlement.

CCS earnings attributable to shareholders excluding identified items were $5.3 billion, reflecting lower realised chemicals and refining margins, decreased realised oil prices and lower tax credits, partly offset by stronger contributions from trading as well as increased realised LNG and gas prices compared with the first quarter 2018. In addition, there was a negative impact of $43 million related to the implementation of IFRS 16.

We changed the name of our company from TransCanada to TC Energy, following the approval of our shareholders at our Annual and Special Meeting of Shareholders on May 3, 2019.

TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for first quarter 2019 of $1.004 billion or $1.09 per share compared to net income of $734 million or $0.83 per share for the same period in 2018.

Brent crude oil futures were at $71.47 per barrel, U.S. West Texas Intermediate crude futures were down 76 cents at $62.84 per barrel.

Russia is meeting its obligations under the OPEC/non-OPEC crude production agreement, and participants remain committed to the arrangement, despite ongoing uncertainty over world energy market developments.