Tag: Oil and Gas
Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion
Daniel Zuchnik | WireImage | Getty ImagesWarren Buffett's Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for a [...]
Oil drops again, now more than 27% below recent high
Oil rigs work on platforms in Gaoyu Lake in Gaoyou in east China's Jiangsu province Friday, Sept. 17, 2021.Barcroft Media | Getty ImagesOil registered [...]
U.S. oil tumbles more than 8%, dips below $100 per barrel
Permian Basin rigs in 2020, when U.S. crude oil production dropped by 3 million a day as Wall Street pressure forced cuts.Paul Ratje | Afp | Getty Ima [...]
Insiders debate how to secure America’s energy future at CERAWeek
Attendees during the 2022 CERAWeek by S&P Global conference in Houston, Texas, U.S., on Wednesday, March 9, 2022.F. Carter Smith | Bloomberg | Get [...]
Singapore on allowing vaccinated travelers without quarantine
Singapore wants to eventually allow all travelers to skip quarantine in the country as long as they are vaccinated, Transport Minister S. Iswaran said [...]
Gas prices are spiking — don’t expect sales of electric vehicles to follow
High gas prices are displayed at a Shell station on March 7, 2022 in Los Angeles, California.Mario Tama | Getty Images News | Getty ImagesConsumers ho [...]
Crude oil jumps with the U.S. set to ban Russian imports
A man pumps gas into his vehicle at a petrol station in Montebello, California on February 23, 2022, as gas prices hit over $6 dollars per gallon.Fred [...]
World is facing a ‘game changer’ as Russia’s war roils energy markets, says OPEC’s Barkindo
OPEC Secretary-General Mohammed Barkindo speaks during the opening ceremony of the Abu Dhabi International Petroleum Exhibition and Conference in Abu [...]
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida.Joe Ra [...]
How to know when oil prices will cause a recession, what to invest in
With the national average for a gallon of gas hitting its highest price since 2008 and the stock market on edge with the first land war in Europe sinc [...]
Why a California city is trying to build the state’s last power plant
People gathered in Glendale in February to protest the city's approval to build a fossil-fueled power plant.Courtesy of Morgan GoodwinGlendale, a Los [...]
Oil rises to the highest since 2008, before paring gains
Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California's "Petroleum Highway" (Highway 33) running along the [...]
U.S. oil jumps to highest since 2013, tops $109 a barrel as Russia’s war on Ukraine sparks supply fears
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 1, 2022.Brendan McDermid | ReutersU.S. oil climbed to [...]
U.S. oil jumps to 7-year high above $104 a barrel as Russian assault prompts supply shortage fears
Oil pumping jacks, also known as "nodding donkeys", in an oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 20 [...]
Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft.A [...]