Home
RSS
India is presently faced with the challenge of containing terrorist and destructive elements. How should a nation behave in these troubled times? We, the Indians, perhaps don’t have much of an understanding about it. A corporate colossus and...
Occidental Petroleum says its first-quarter profit fell 80 percent from a year ago as results were crushed by lower oil and natural gas prices.
Last year’s oil price run-up made it a good time to be an oil company CEO with a fistful of stock options, and Ray Irani of Occidental Petroleum made the most of it, cashing in $184.4 million worth.
Occidental Petroleum says its fourth-quarter profit fell 69 percent from a year ago as results were hammered by lower oil and gas prices.
Tracinda, the investment arm of billionaire investor Kirk Kerkorian, says it will launch a cash tender offer for 14 million Delta Petroleum shares, in a move to boost its stake in the Denver-based oil and gas explorer to about 48.5 percent.
Occidental Petroleum Corp. says its third-quarter profit rose 71 percent, lifted by higher oil and natural gas prices and increased production.
Oil producer Occidental Petroleum Corp. says its second-quarter profit rose 62 percent as record crude prices and higher production propelled results.The Los Angeles-based company said Thursday it earned a record $2.29 billion, or $2.78 per share, in the.
XTO Energy Inc. said Tuesday it is acquiring privately held Hunt Petroleum Corp. for $4.19 billion in cash and stock in a deal made more attractive by high oil and gas prices.XTO Energy said the deal includes $2.6 billion in cash and 23.5 million shares..
