MARKETS

Buffett says Permian, oil price logic behind Oxy bet 

AT a time when Norway's sovereign wealth fund has divested over US$8 billion from its investments in upstream exploration, Warren Buffett is backing Occidental Petroleum's takeover of Anadarko Petroleum based on his oil price outlook. 

 Omaha Oracle on Occidental backing 

Omaha Oracle on Occidental backing 

  Last week his Berkshire Hathaway committed $10 billion to Occidental's tilt at the independent Permian player, beating Chevon Corporation's offer.    "Oil prices will determine whether almost any...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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