Anadarko Tag

Royal Dutch Shell (LSE:RDS) and Anadarko Petroleum Corp (NYSE:APC) are in discussions regarding the termination of a 10-year joint venture in the Permian Basin of Texas. The separation would split each firm’s properties in the oil-rich basin, allowing them to drill and develop new wells at...

Algerian state-owned company Sonatrach wishes to begin oil drilling in the Mediterranean Sea as it looks to expand its reserves with new production facilities. The nation’s largest company has begun discussions with three major international oil firms regarding the opportunity for offshore drilling, according to a...