Occidental Is Latest Oil Company to Buy a Smaller Producer
Posted inCrownRock LP Drilling and Boring Global Warming Hollub, Vicki (1960- ) Houston (Tex) Hydraulic Fracturing Mergers, Acquisitions and Divestitures Natural Gas Occidental Petroleum Corporation Oil (Petroleum) and Gasoline Permian Basin (North America) Prices (Fares, Fees and Rates) Production Shale

Occidental Is Latest Oil Company to Buy a Smaller Producer

The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.
Debt-Ceiling Déjà Vu Worries Wall Street
Posted inBank of America Corporation Bank of England Berkshire Hathaway Inc Biden, Joseph R Jr Bluesky (Social Network) BNSF Railway Boies, David Buffett, Warren E Fox News Channel Geico (Government Employees Insurance Co) Holmes, Elizabeth (1984- ) internal-storyline-no McCarthy, Kevin (1965- ) McHenry, Patrick T Munger, Charles T Occidental Petroleum Corporation OpenAI Labs PayPal Theranos Inc United States Economy

Debt-Ceiling Déjà Vu Worries Wall Street

The last crisis, in 2011, led to a credit downgrade that sank stocks. This time, Treasury Secretary Janet Yellen has warned of a “financial catastrophe.”