U.S. oil and gas producer Apache Corp is selling a 33 percent stake in its Egypt oil and gas business for $3.1 billion to state-owned Chinese oil giant Sinopec Group, reducing its exposure in the ...
BANGALORE/HONG KONG (Reuters) - U.S. oil and gas producer Apache Corp is selling a 33 percent stake in its Egypt oil and gas business for $3.1 billion to state-owned Chinese oil giant Sinopec Group, ...
HOUSTON, Mar. 2-- Houston-based Apache Corp. reported Tuesday that its Qasr-3X well, drilled on Egypt's Khalda Concession, found 448 ft of net natural gas pay in the Jurassic Lower Safa formation. The ...
One of the main reasons shares of Apache, the Houston-based oil and gas producer, have underperformed its peers recently is the company's large exposure to Egypt, a nation that continues to be roiled ...
Apache Corp.'s stock price shot up 9 percent on Friday, a day after the company agreed to sell a third of its Egyptian oil and gas assets to China's Sinopec. The $3.1 billion deal does plenty for ...
Apache Corporation (APA +5.04%), the Houston-based independent exploration and production company, has a huge presence in Egypt. It currently has 50 drilling rigs up and running in the nation's ...
Egypt and its recent troubles have been a Sword of Damocles hanging over Apache since the Arab Spring erupted in December 2010. Since then, Egypt has been in a constant state of flux that has led to ...
Independent oil and gas exploration and production company Apache Corp. (NYSE: APA) announced after markets closed on Thursday that it had launched a global strategic partnership with a subsidiary of ...
Shares of Apache (NYSE:APA) slumped more than 4% on Monday after Stifel Nicholas downgraded the oil-exploration company due to concerns that deepening chaos in Egypt could cause a disruption. The ...
One of the main reasons shares of Apache (APA 7.67%), the Houston-based oil and gas producer, have underperformed its peers recently is the company's large exposure to Egypt, a nation that continues ...
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