Warren Buffett’s Berkshire Hathaway just snapped up more Occidental Petroleum shares, pushing the legendary investor’s stake in the oil company to just over 25%. Buffett’s conglomerate purchased another 2.1 million shares of Occidental in the […]
President Biden – while in South Carolina Thursday to make the argument that his economics measures rammed through Congress with little Republican support benefits red states – admitted that China is “dominating raw material production,” […]
SACRAMENTO, Calif. (AP) — Some of the nation’s largest truck makers on Thursday pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state […]
Patterson-UTI buys drilling technology company just a month from announcing merger with NexTier Oilfield Solutions US oilfield services player Patterson-UTI Energy has struck a $370 million deal to acquire privately owned Ulterra Drilling Technologies from […]
Norway’s government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding $18.5 billion, part of the country’s strategy to extend production for decades to […]
WASHINGTON, July 5, 2023 — The American Petroleum Institute (API) joined with the American Exploration and Production Council (AXPC), Montana Petroleum Association (MPA), New Mexico Oil and Gas Association (NMOGA) and Utah Petroleum Association (UPA) […]
ENB Pub Note: One of the best explanations of the gold-backed BICS+ currency is from Peter St Onge, PH.D. updated below is his Twitter video just released Russia hints at gold-backing the Brics pic.twitter.com/dQMYMzRoHC […]
Nigeria, OPEC’s largest producer in Africa, aims to significantly increase its oil production to up to 1.7 million barrels per day (bpd) by November 2023, hoping to win a higher quota in the OPEC+ agreement, […]
Shell expects its gas trading business to have been significantly lower in the second quarter, compared to a strong first quarter, due to seasonality and fewer optimization opportunities, the UK-based supermajor said in its second […]
First, it was Italy. Then came Finland and Greece. Spain could be next. Across Europe, governments are shifting right. In some places, far-right leaders are taking power. In others, more traditional center-right parties are allying […]
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