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Occidental to Buy Oil Driller CrownRock in $12 Billion Deal

Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock deal valued at about $10.2 billion as consolidation heats up in North America’s most-prolific oil basin. ....

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Occidental's $10.8 Billion Takeover Is a High-Stakes Debt Wager

The $10 billion of debt lined up for Occidental Petroleum Corp.’s takeover of Texas shale driller CrownRock LP is sizing up to be one of the largest bridge financing deals of the year and a crucial test for the energy giant. ....

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US, Brazil Can't Let Venezuela Invade Guyana Like Russia Did Ukraine

The next war to upset the global equilibrium may be brewing in South America. ....

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Oil Executives Flock to Venezuela, Braving Risk of US Snapback Sanctions

Oil executives are flocking to Venezuela to take advantage of lighter US sanctions, even though there’s a risk that access to the world’s largest oil reserves might snap shut as quickly as it opened. ....

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Orlen to Buy Kufpec Assets in Norway for $445 Million

Poland’s largest refiner Orlen SA agreed to purchase oil and gas producing assets on the Norwegian continental shelf from Kuwait Foreign Petroleum Exploration Co. for $445 million as part of an effort to diversify shipments of natural gas to the eastern European country. ....

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