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Monday, September 22, 2025

April 30, 2019

Dow jumps 350 points to start week, S&P 500 inches closer to all-time high- oil and gas 360

Berkshire To Make $10 Billion Investment In Occidental To Finance Anadarko Bid

April 30, 2019

From The Wall Street Journal Warren Buffett’s Berkshire Hathaway Inc. agreed to inject $10 billion into Occidental Petroleum Corp.’s bid to acquire Anadarko Petroleum Corp. and fight off Chevron Corp. Last week, Houston-based Occidental offered to purchase Anadarko for $38 billion, topping the $33 billion that Chevron agreed to pay for the company. The two sides are battling over prized energy assets in the heart of the U.S. oil boom in

Warren Buffett’s Seal of Approval Doesn’t Come Cheap

April 30, 2019

From Bloomberg Meet Warren Buffett, everybody’s new favorite banker. The investing guru’s conglomerate, Berkshire Hathaway Inc., announced a deal on Tuesday, but not the kind Buffett’s fans have been awaiting. Instead of taking over a company, Berkshire is helping one business go after another. It’s investing $10 billion in Occidental Petroleum Corp. to finance the oil producer’s $55 billion acquisition of Anadarko

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