Tag: Petroleum
In the middle of COP28, Occidental Petroleum buys CrownRock for $12 billion
While negotiations continue at COP28 in Dubai to negotiate the contours of a possible exit from fossil fuels, oil companies continue to invest in hydrocarbons. After two huge buyouts led…
The Greater Nile Petroleum Oil Company Tower in Sudan is on fire
The 18-story Greater Nile Petroleum Oil Company Tower in Sudan’s capital is on fire, reports BBC. “This is really painful to see,” writes Tagreed Abdin, the building’s architect, on X.…
Embargo, price caps… Measures against Russian petroleum products are increasing
Almost a year after the launch of the Russian offensive on Ukraine, the waves of sanctions from the European Union against Russia are linked. This Sunday, February 5, no EU…
worrying consequences of the shortage of petroleum products
This is a rant from the Intersyndicale de Centrafrique (ISYCA). In a press release, dated October 26, ISYCA denounces the government’s inaction in the face of the shortage of petroleum…
Occidental Petroleum, Buffett gets the ok to take over up to 50% of the company
(Finance) – The title moves into difficulty Occidental Petroleum which presents a very bad -3.77%. There Berkshire Hathaway of Warren Buffett received Federal Energy Regulatory Commission approval to acquire up…
Markets paralyzed by waiting for Ukrainian crisis outcomes
(Finance) – Milan is weak, in the wake of the other Euroland stock exchanges, at the end of a day that saw the rekindling of tensions due to the Ukrainian…
Oil, prices on fire. WTI nearly $ 95 on Russia-Ukraine tensions
(Finance) – The winds of war that are blowing stronger and stronger overwhelm the prices of crude oil. Among investors, fears of one are growing possible invasion of Ukraine by…