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The company was the subject of multiple environmental cases, including the largest environmental contamination settlement in American history - the 2014 settlement related to the former Tronox subsidiary of Kerr McGee, a company purchased by Anadarko in 2006. [2]
CHEYENNE – A $12 million verbal settlement agreement has been reached in a lawsuit against the Occidental Petroleum Corp. unit Anadarko Petroleum Corp. The suit was filed by Wyoming landowners ...
Within a few years, the top positions at Anadarko had been filled by Kerr-McGee employees and many long-time Anadarko employees had left or been removed from the company, making the merger between Anadarko and Kerr-McGee a "wag the dog" transaction. Kerr McGee uranium mill near Grants, New Mexico. Sulfuric acid plant at Kerr McGee uranium mill.
The Gulf of Mexico oil-spill saga is finally reaching a settlement of sorts. After 18 months of haggling and legal tussles, Anadarko Petroleum (NYS: APC) has agreed to pay $4 billion to BP (NYS ...
Occidental Chemical plant in Kansas. Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.
Occidental is trying to convince Anadarko to accept its offer and abandon the agreed $33 billion sale to Chevron Corp. The move means Occidental shareholders who oppose the bid, including T Rowe ...
[3] [4] Originally, Anadarko Petroleum owned 25% stake but in October 2011 this was transferred to BP as a part of a wider settlement between the companies. [4] The prospect may have held 50 million barrels (7.9 × 10 ^ 6 m 3) producible reserves of oil. [5] It is 41 miles (66 km) offshore [citation needed] and 130 miles (210 km) from New ...
A daily look at legal news and the business of law... BP-Anadarko War Won't Help Other Plaintiffs After All Unfortunately for plaintiffs (and for all the ironic humor potential), when BP and its ...