Tag: Occidental
Occidental Acquires Anadarko
Occidental Petroleum has announced the successful completion of its acquisition of Anadarko Petroleum in a transaction valued at $55 billion.“With Anadarko’s world-class asset portfolio now officially part of Occidental, we begin our work to integrate our two companies and unlock the significant value of this combination for shareholders,” said Vicki Hollub, president and Chief Executive Officer.
Magellan and Occidental Petro to build Pipeline
Magellan Midstream Partners, L.P. and Occidental Petroleum Corporation have announced plans to build BridgeTex Pipeline, which will transport Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area.