Is Kerr-McGee still in business?
Kerr-McGee shareholders approved the offer on August 10, 2006, and Kerr-McGee ceased to exist as an independent entity. All operations with the exception of Tronox which was spun off as a separate company in 2005 moved out of Oklahoma.
How did Kerr-McGee try to avoid responsibility?
“Then, Kerr-McGee tried to escape the consequences of its misdeeds by transferring its most valuable assets to affiliates, leaving an insolvent shell behind, unable to pay its environmental liabilities.
What did the company Kerr-McGee produce?
Federal officials alleged that Old Kerr-McGee operated numerous businesses, which included uranium mining, the processing of radioactive thorium, creosote wood treating, and manufacture of perchlorate, a component of rocket fuel.
Who bought Kerr-McGee?
Anadarko Petroleum Corp.
HOUSTON, June 23 — Anadarko Petroleum Corp., Houston, is acquiring Kerr-McGee Corp. in Oklahoma City and Western Gas Resources Inc., Denver, in separate cash transactions totaling $21.1 billion, plus assumption of $2.2 billion debt.
Where was the Kerr-McGee plutonium plant?
CIMARRON, Okla., Jan. 6 —Many of the people who live in this rural section of Oklahoma drive a little faster when they go up or down State Highway 74 in the vicinity of the Cimmaron River. Sitting on a small bluff overlooking the river where Highway 74 intersects it, is the Kerr‐McGee nuclear fuel plant.
Who started Kerr-McGee?
Chairman since 1963 and CEO since 1967, Dean McGee instigated an organizational restructuring and among other changes, established two new subsidiaries, Kerr-McGee Coal Corporation led by Frank McPherson, and Kerr-McGee Nuclear Corporation led by R.T. Zitting.
Who bought out Oxy?
Hollub had engineered a $38 billion takeover of Anadarko Petroleum, which had made Oxy, as Occidental is commonly known, the dominant player in Texas’s Permian Basin, itself the dominant region in the booming domestic oil market of 2019.
How much plutonium was missing from the Kerr-McGee facility which they could not account for or explain?
Among them was the worrisome question of missing plutonium. Twice in 1974 the plant had to close temporarily when the company could not account for large amounts of plutonium—twenty-two pounds in March and eighteen in September.
Is Karen Silkwood still living?
November 13, 1974Karen Silkwood / Date of death
Why are there no nuclear power plants in Oklahoma?
Nuclear power plants require millions of gallons to cool them off so they don’t overheat. In the case of a plant in Oklahoma, this water would come from one of the many rivers that run through the state. After being used, this contaminated water would be filtered back into the river.
When did Karen Silkwood start working for Kerr-McGee?
1972
In 1972 she and her husband separated. Silkwood left custody of the children to her husband and took a job with Kerr-McGee, working at the company’s plant near Crescent, Oklahoma, where she helped make plutonium fuel rods for nuclear reactors.
Will Berkshire acquire Occidental?
The purchases were made on Monday and Tuesday and cost about $336 million, Berkshire said in a regulatory filing on Wednesday night. Following the purchases, Berkshire owned 142.3 million Occidental shares worth about $8.8 billion.
How many rigs Does Oxy have?
one rig drilling
Oxy has only one rig drilling the Permian.
Why is it called a Silkwood shower?
Four times in the film, characters working at a nuclear facility suffer radiation exposure, set off an alarm, and are subjected to the brutal decontamination process, aka a ‘Silkwood shower.
What does Silkwood shower mean?
How contaminated was Karen Silkwood?
An Oklahoma State Trooper who investigated the accident reported that Silkwood’s death was a result of a classic, one-car sleeping-driver accident. Later, blood tests performed as part of the autopsy showed Silkwood had 0.35 milligrams of methaqualone (Quaalude) per 100 milliliters of blood at the time of her death.
Where was the Kerr McGee plutonium plant?
Cimarron City, Oklahoma
The Cimarron Fuel Fabrication Site, owned and operated by the Kerr/McGee Corporation (KMC) from 1965 to 1975, was a nuclear fuel production facility located by the Cimarron River near Cimarron City, Oklahoma.
When did Buffett buy Chevron?
Buffett first bought Chevron in the third quarter of 2020. Based on the stock price moves in April, Chevron may have moved into the third biggest position above American Express depending on whether Buffett bought or sold any shares during the month.
What is the outlook for Occidental Petroleum?
Occidental Petroleum Corp (NYSE:OXY) The 23 analysts offering 12-month price forecasts for Occidental Petroleum Corp have a median target of 73.00, with a high estimate of 90.00 and a low estimate of 43.00. The median estimate represents a +14.38% increase from the last price of 63.82.