Author: Naomi Klinge

Houston-based Battalion Oil corp. (NYSE American: BATL) has agreed to sell its shares to Fury Resources Inc. for about $450 million.

Exxon has given its Chairman’s Gift to a Houston-area organization for the first time and is planning more donations to the greater Houston area.

Billionaire Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) has bought $590 million worth of shares in Occidental Petroleum Corp. (NYSE: OXY) ahead of a planned $12 billion acquisition.

Houston-based EOG Resources (NYSE: EOG) is reshuffling its C-suite as its CFO Timothy “Tim” Driggers retires, which is expected to happen in 2024.

Exolum, which operates in pipelines and storage terminals in nine countries, is making its U.S. entrance with the acquisition of 50% of the Vopak Moda Houston terminal from Houston-based Moda Midstream LLC, an EnCap Flatrock Midstream portfolio company.

Houston-based Baker Hughes Co. (Nasdaq: BKR) has promoted Georgia Magno to chief legal officer, effective Jan. 1, 2024. She will be responsible for the company’s legal and regulatory affairs, corporate governance, and compliance functions.

Occidental Petroleum Corp’s (NYSE: OXY) plan to acquire Midland, Texas-based CrownRock LP will raise its debt to about $28 billion, but Occidental says excess cash flow from the deal will help pay it off.

Tellurian Inc. (NYSE American: TELL) has named a new president and general counsel after removing co-founder Charif Souki as executive chairman of the board.

Houston-based Tellurian Inc. (NYSE American: TELL) has ousted co-founder Charif Souki as executive chairman, moving co-founder Martin Houston to the position of chairman of the board of directors.

LyondellBasell Industries NV (NYSE: LYB) is selling its Ethylene Oxide & Derivates business, along with its Bayport facility, to Ineos Group Ltd.