oil and gas
The Latest
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BP Reports Strong Q3 Profits Amid Biden Warning On 'War Profiteering'
The recent earnings report by oil and gas giants has triggered renewed calls for higher taxes. The recent earnings report by oil and gas giants has triggered renewed calls for higher taxes. -
Warren Buffet Increases Stake In Occidental Petroleum By Nearly $1 Billion
Berkshire Hathaway purchased 18.1 million Occidental Petroleum shares for around $985 million. Berkshire Hathaway purchased 18.1 million Occidental Petroleum shares for around $985 million. -
Shell Defends Its Decision To Buy Discounted Russian Oil
Shell stands to make a profit of around $20 million from its purchase of 725,000 barrels or around 100,000 metric tons of heavily-discounted Russian Urals crude. Shell stands to make a profit of around $20 million from its purchase of 725,000 barrels or around 100,000 metric tons of heavily-discounted Russian Urals crude. -
Goldman Sachs Optimistic For Oil
Concerns continue to be raised about demand in Europe and India. This sent oil prices down by nearly 2% Monday. Concerns continue to be raised about demand in Europe and India. This sent oil prices down by nearly 2% Monday. -
Exxon Mobil Set To End Five-Quarter Losing Streak
Exxon Mobil is expected to report a profit for its first quarter this year. Exxon Mobil is expected to report a profit for its first quarter this year. -
Hundreds Flee Owing To To Large Oil Refinery Fire In Indonesia
State-owned oil company Pertamina said a lightning strike may have started the blaze. State-owned oil company Pertamina said a lightning strike may have started the blaze. -
Rights Groups Calling On Chevron To Halt Payments To Myamar
Myanmar's military junta seized power from Aung San Suu Kyi's elected government last month. Myanmar's military junta seized power from Aung San Suu Kyi's elected government last month. -
OPEC Agrees To Increase Oil Production Starting January
OPEC, Russia and Mexico have agreed to relax production cuts starting January despite still-low world demand. OPEC, Russia and Mexico have agreed to relax production cuts starting January despite still-low world demand. -
Pioneer Natural Resources To Acquire Parsley Energy For $4.5 Billion
Pioneer Natural Resources has reached a merger agreement with oil and gas producer Parsley Energy. Pioneer Natural Resources has reached a merger agreement with oil and gas producer Parsley Energy. -
Gas For Less: U.S. Prices Hit Low On Labor Day
Gas prices at several states remained at below $2 per gallon, while the national average dropped to around $2.19 per gallon for regular gas. Gas prices at several states remained at below $2 per gallon, while the national average dropped to around $2.19 per gallon for regular gas.