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Chevron moves to Acquire Anadarko Petroleum for $33 Billion

Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation (NYSE: APC) to acquire all of...

SM Energy Company & Carrizo Oil & Gas merger in the works?

SM Energy Company "SM" recently had a discussion with Carrizo Oil & Gas, Inc. CRZO about a merger reported Bloomberg. The source didn’t provide any...

Exxon Aims for $15-a-Barrel Costs in Giant Permian Operation

Exxon plans to deploy 55 rigs in the Permian this year, by far the most of any driller, as it aims to increase output...

Why are the U.S Oil Majors interested in Venezuela?

Why are U.S oil Companies so interested? , Well for starters The proven oil reserves in Venezuela are recognized as the largest in the...
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