Oct 31- Occidental Petroleum Corp said on Monday it paid $2 billion cash for 35,000 acres of West Texas acreage, boosting its position in the oil-rich Permian Basin. "These transactions further complement and solidify Occidental's dominant position in the Permian Basin," Chief Executive Vicki Hollub said in a statement. Occidental bought the 35,000 acres in...
*Wall Street little changed despite flurry of M&A news. *Oil slips as non- OPEC producers don't back supply limits. NEW YORK, Oct 31- Oil prices fell sharply on Monday to touch a one-month low on doubts about OPEC's ability to implement its planned production cut, while global equity prices were shaky as Wall Street struggled to build on a sentiment boost from a string...
*Oil slips as non- OPEC producers don't back supply limits. NEW YORK, Oct 31- Oil prices fell sharply on Monday to touch a one-month low on doubts about OPEC's ability to implement its planned production cut, while global equity prices were shaky as Wall Street struggled to build on a sentiment boost from a string of M&A deals. Oil prices dropped more than $1 a barrel...
Oct 31- U.S. natural gas output in the lower 48 states increased to 80.3 billion cubic feet per day in August from 79.6 bcfd in July, the U.S. Energy Information Administration's said in its monthly 914 production report. Most of the new drilling was in the Permian shale in west Texas and eastern New Mexico. Output was mixed in the biggest producing lower 48 states,...
*Doubts about OPEC's planned production cut. NEW YORK, Oct 31- Oil prices dropped more than 3 percent on Monday to touch a one-month low on doubts about OPEC's ability to implement its planned production cut, even as cartel officials approved a document outlining their long-term strategy. But OPEC has so far achieved little otherwise.
Darwin Deason had sued Xerox earlier this month in a U.S. District Court in Dallas over the company's plan to divide its legacy copier and printer business from its business process outsourcing unit, which would become a new company called Conduent Inc.. The Conduent business includes the operations of Dallas- based Affiliated Computer Services Inc, the...
NEW YORK, Oct 31- Oil prices dropped more than $1 a barrel on Monday to hit one-months low on doubts about OPEC's planned production cut and a build in U.S. crude inventories at the Cushing, Oklahoma storage hub. Officials from the Organization of the Petroleum Exporting Countries and non-member producers met in Vienna on Saturday, but did not come to specific...
The state rocket bureau publishes the very first image of the RS-28 Sarmat.
In a four-way poll, Trump garnered a weighted 41 percent and Clinton drew 38 percent — with a 3 point margin of error.
A Texas petroleum drilling company announced Tuesday it has made a large-scale oil discovery of 6 billion barrels off Alaska's North Slope.
A consortium of Bass Pro Shops, Goldman Sachs and Capital One is in the lead to acquire U.S. outdoor gear retailer Cabela's.
One day after OPEC agreed to curb production for the first time since 2008, energy analysts are questioning the meaning of the pact.
SeaWorld slashed its dividend and said it would suspend future payments, six months after it decided to stop breeding killer whales at its parks.
NRG Energy has won the auction for bankrupt renewable power plant developer SunEdison's wind and solar projects in Texas and other states.
Shares of Apache climbed in a second day of sharp gains, after the company's Wednesday announcement of a major oil discovery in Texas.
EOG Resources said it would buy Yates Petroleum for $2.5 billion, the latest move by a U.S. energy firm to acquire acreage in the Permian Basin.
The limited-edition F-150 is on sale now at select Ford dealerships in Texas.
Uber and Lyft have had big fights with cities over fingerprinting drivers, which they have said does nothing to improve safety.
Uber and Lyft are locked in a battle over driver fingerprinting, as companies flooding the market for a slice of the ride-hailing business.
CNBC's Brian Sullivan discusses 2016's best-performing cities in the stock market.