Thursday, July 30, 2026

ISS Backs Icahn’s Call for More Shareholder Say After Anadarko Deal

From Reuters Proxy advisory firm Institutional Shareholder Services on Thursday urged Occidental Petroleum Corp shareholders to ask management to let them weigh in on board and governance issues as the company buys rival Anadarko Petroleum Corp.. The request comes one week after the takeover deal’s biggest critic, billionaire investor Carl Icahn, laid out plans to shake up Occidental’s board. ISS

Private Equity Firm Forms Second Partnership With E&P - Oil & Gas 360

Private Equity Firm Forms Second Partnership With E&P

By Tyler Losier, Energy Reporter, Oil & Gas 360 Mach Resources and Bayou City Energy form BCE-Mach II LLC, signs two PSAs Mach Resources, an independent E&P founded in January of 2017, and upstream-focused private equity firm Bayou City Energy, have formed BCE-Mach II LLC, representing the second partnership between the two companies. Their first collaboration, BCE-Mach LLC, continues to

Occidental Announces -Andrew Gould Elected to Occidental Board of Directors Oil & Gas 360

New Board Member Joins Occidental

By Tyler Losier, Energy Reporter, Oil & Gas 360 Former BlackRock director Robert M. Shearer elected to OXY board Occidental Petroleum (stock ticker: OXY), an international E&P with operations in the U.S., the Middle East and Latin America, has elected Robert “Bob” M. Shearer to its board of directors. Shearer, a 64-year-old former managing director at BlackRock, has over 35

Intensifying Storm Cut Half U.S. Gulf Coast Oil Output, Closes Coastal Refinery - Oil & Gas 360

Intensifying Storm Cut Half U.S. Gulf Coast Oil Output, Closes Coastal Refinery

From Reuters An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region’s oil output, with energy companies evacuating staff from nearly 200 offshore facilities and a coastal refinery. Oil firms shut more than 1 million barrels per day of oil production, 53% of Gulf of Mexico’s output, and 1.2 billion cubic feet

Two E&Ps Make Changes in the C-Suite - Oil & Gas 360

Two E&Ps Make Changes in the C-Suite

By Tyler Losier, Energy Reporter, Oil & Gas 360 Penn Virginia CFO to step down Penn Virginia Corporation (stock ticker: PVAC), a pure-play independent E&P focused on Eagle Ford shale, has announced that Steven A. Hartman, current chief financial officer, senior vice president, and treasurer for the company will be stepping down in the near future. Source: Penn Virginia Corporation

Occidental Announces -Andrew Gould Elected to Occidental Board of Directors Oil & Gas 360

Occidental Mulls Sale of Anadarko’s Western Stake

From Bloomberg Adviser helping find buyer for stakes in pipeline operator, Occidental struck $38 billion agreement for Anadarko in May Occidental Petroleum Corp. is seeking a buyer to take majority control of Western Midstream Partners LP, the pipeline operator that it’s poised to inherit through its takeover of Anadarko Petroleum Corp., according to people familiar with the matter. Occidental is

Oil & Gas 360 - Icahn sues Oxy over Anadarko Deal

Carl Icahn Sues Occidental for ‘Misguided’ Anadarko Takeover

Rather than plunking down tens of billions of dollars on Anadarko, Icahn argued that Occidental should instead have put itself up for sale From CNN Business New York (CNN Business) Billionaire Carl Icahn launched a legal attack on Occidental Petroleum on Thursday, arguing the oil company paid way too much money to acquire Anadarko Petroleum. Icahn, whose firms own about $1.6 billion

Talos Energy Increases Borrowing Base, Announces Hedges - Oil & Gas 360

Talos CEO says ‘Interested’ in Anadarko’s Gulf of Mexico Assets

From S&P Global Platts Houston — Gulf of Mexico operator Talos Energy may be interested in buying some of Anadarko Petroleum’s deepwater Gulf of Mexico assets that Occidental Petroleum will acquire in its pending $57 billion purchase of that company, Talos’ CEO said Thursday. In addition, Talos – the first foreign company to make a discovery in Mexico’s offshore in

Jones Energy Emerges from Bankruptcy with $225 Million Borrowing Base Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360   On May 17, Jones Energy, Inc. (stock ticker: JONEQ) emerged from Chapter 11 after satisfying the requirements of the company’s pre-packaged plan. The announcement came 33 days after the company filed for bankruptcy protection, and less than two weeks after the U.S. Bankruptcy Court for the Southern District of Texas