Occidental Petroleum says CrownRock deal could close by August marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company s top shale executive said on Friday.
U.S. oil producer ConocoPhillips missed Wall Street bets for first-quarter profit on Thursday, as lower natural gas prices and increased costs offset gains from higher oil production.
A U.S. regulator s censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting Countries (OPEC) group of oil producers has put a spotlight on dinners attended by dozens of shale executives.
U.S. regulators gave the go-ahead on Thursday to Exxon Mobil s $60 billion purchase of Pioneer Natural Resources, but barred Pioneer s former CEO from Exxon s board on allegations he attempted to collude with OPEC to raise oil prices.