Thursday, August 27, 2026
Bids for Exxon UK's oil and gas fields due on October 28: sources-oil and gas 360

Bids for Exxon UK’s oil and gas fields due on October 28: sources

Reuters Bids for a portfolio of Exxon Mobil’s XOM.N British North Sea oil and gas fields, which is expected to fetch around $1 billion following this year’s oil price weakness, are due on Oct. 28, two sources with knowledge of the process said. Parties that have signalled interest in acquiring more assets in the basin include private-equity (PE) firm HitecVision’s Neo, EIG’s

Occidental looks to raise cash, swap debt as oil prices pressure finances- oil and gas 360

Oxy plans to pay Berkshire dividends in cash for Q3 2020

Bloomberg _____ Occidental Petroleum Corp. will pay about $200 million in dividends on preferred shares to Warren Buffett’s Berkshire Hathaway Inc. in cash rather than common stock, a sign of the shale driller’s growing confidence in its ability to manage its debt load.   The $2,000-per-share payout on Occidental’s series A cumulative perpetual preferred stock will be paid on Oct. 15,