Browsing: Extractives

Oil & Gas Chevron's Gorgon LNG project in Australia. Image: Chevron
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Occidental Petroleum appears to be moving into pole position to buy fellow US oil company Anadarko, after upping its price for the company to $76 per share, versus Chevron’s $63/share offer, and receiving $10 billion in backing for the deal from billionaire investor Warren Buffet. Oxy has no [...]

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Extractives Sasol's Secunda facility in South Africa
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There is uncertainty whether Sasol – the only gas supplier to South Africa - can continue to supply gas to industrial users in the country beyond 2023, after drilling on the company’s gas blocks in Inhambane has proved disappointing and the reservoirs more [...]

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