Us and European oil and gas companies are tightening their investment spending, making it easier for Saudi Arabia and Russia to fund their political campaigns. the Saudi-led Organization of the Petrol ...

In recent months, Saudi Arabia and Russia have easily earned billions of dollars more in oil revenue despite lower production after their decisions to cut production sent crude prices through the roof ...

Saudi Arabia has extended oil production cuts until the end of the year as tight supplies continue to support energy prices. The Saudi Press Agency said in a statement that the kingdom would extend a ...

The US is preparing to crack down on evasion of its crippling sanctions on Russia's oil sector in an effort to shore up a new, weakened price-fixing regime. U.S. Treasury Secretary Janet Yellen said i ...

The Organization of the Petroleum Exporting Countries (OPEC) has basically maintained its forecast for the global oil market. Although Saudi Arabia and Russia's production reduction measures will con ...

William Watts November 6, 2023 Saudi Arabia confirmed on Sunday that it will extend the production reduction plan of 1 million barrels per day that took effect in July until the end of December. Saud ...

The price ceiling set by the West to curb Russia's war spending on Russian oil is gradually losing its effectiveness. The latest evidence is that data released last Friday showed that the oil and gas ...

The wave of mergers among North American oil and gas companies is gaining momentum. According to an insider on Wednesday (November 29th), Western oil companies are in talks to acquire oil producer Cr ...

Buffett continues to increase his holdings in Western Oil to over 27%. According to a filing submitted by Berkshire Hathaway to the Securities and Exchange Commission (SEC) on Wednesday Eastern Time, ...

On Wednesday Eastern Time, investment giant Berkshire Hathaway, a subsidiary of Warren Buffett, submitted a document to the Securities and Exchange Commission (SEC), stating that Berkshire has once a ...

On December 13th local time, Berkshire Hathaway, a subsidiary of Buffett, disclosed in a filing with the Securities and Exchange Commission (SEC) that the company has purchased nearly 10.5 million sh ...

Recently, another topic on Apple has sparked heated discussions. Many netizens have found that searching for "discovered oil" on an Apple phone will automatically activate the phone's location functi ...

The sky high compensation reappears, and this time, the oil giant may be bleeding heavily. According to the latest news from multiple foreign media, oil giant ExxonMobil has been sentenced to pay a f ...

Fitch Ratings announced on May 31st that ConocoPhillips' acquisition of Marathon Oil will not immediately affect its rating. ConocoPhillips acquired Marathon Oil for a corporate value of $22.5 billio ...

ExxonMobil expects to repurchase over $19 billion worth of stocks in 2024.