Occidental is set to acquire Altura for $3.5 billion

Article Abstract:

Occidental Petroleum Corp. will acquire Altura Energy Ltd. for $3.5 billion. Altura is the joint venture firm of BP Amoco PLC and Shell Oil Co.

Crude Petroleum, Occidental Petroleum Corp., OXY, Altura Energy Ltd.

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Phillips is close to acquiring Tosco for $7 billion in stock

Article Abstract:

Phillips Petroleum Co. is near reaching a deal to acquire Tosco Corp. for a minimum of $7 billion (7.49 billion euros) in shares. The deal would make Phillips the second-largest refiner in the United States.

Oil Products, Petroleum Refineries, Petroleum refining, Petroleum products, Tosco Corp., P, TOS, Phillips Petroleum Co. (Bartlesville, Oklahoma)

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Conoco unit to buy Gulf Canada in bid to raise production

Article Abstract:

Conoco Inc.'s unit in Canada will acquire Gulf Canada Resources Ltd. in an attempt to increase production. The deal is valued at approximately 6.7 billion Canadian dollars (5.05 billion euros).

Canada, Crude Petroleum & Natural Gas, Natural gas, Gas industry, Conoco Inc., COC, Gulf Canada Resources Ltd., GOU

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