Category: Petroleum
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International Petroleum Corporation Updated Share Capital
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Article content TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) announces the following, in accordance with the Swedish Financial Instruments Trading Act: Article content After canceling the 361,937 common shares repurchased by IPC under the common stock repurchase/common issuer bid…
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International Petroleum Corporation Announces Third Quarter 2024 Financial and Operational Results
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Nov 05, 2024 • 22 minute…
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Occidental Petroleum Corporatio (OXY) Stock Forecasts
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summary Small investors seem to like what they see and have proven this by relying more heavily on call options versus put options. The CBOE’s five-day equity-only call/call (P/C) ratio fell to 0.51 at the end of September, the lowest reading since July 2023 when it fell to 0.48. That…
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Exxon director joins Elliott group seeking to acquire Citgo Petroleum By Reuters
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HOUSTON (Reuters) – Exxon Mobil (NYSE:) Director Gregory Goff recently joined a newly formed Elliott Investment Management-backed firm seeking to acquire Venezuelan-owned oil refiner Citgo Petroleum. Citgo and Exxon are competitors in the automotive fuel and lubricants business. Exxon is the third largest oil refiner in the United States by…
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Warren Buffett’s $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
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Occidental Petroleum shares have fallen 29% since mid-April, weighing on Warren Buffett’s stake in the company. This decline is in line with a 23% drop in crude oil prices due to concerns about demand and excess supply. Berkshire Hathaway’s $13 billion stake in Occidental Petroleum may be underwater, according to…
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International Petroleum Corporation Announces Results of Normal Course Issuer Bid
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jun 24, 2024 • Last updated…
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Warren Buffett Has Bought Shares of This Stock for 23 Consecutive Quarters — and It’s Not Chevron or Occidental Petroleum
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For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRC.B) CEO Warren Buffett An offer has been made to Wall Street. Since he became CEO in 1965, the standard Standard & Poor’s 500 By more than 35,000%, including dividends paid. In comparison, the so-called “Oracle of Omaha” has overseen total gains…
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Align petroleum and electricity infrastructure with energy shift
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Just as landline telephones have been replaced by mobile and Internet technologies, so will oil-based energy be replaced by renewable energy technologies, which include electric mobility. This is already happening here in Kenya with the help of new investments in electric vehicles, accommodative policies, and financial support. For this reason,…
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Biden administration set to resume purchases for Strategic Petroleum Reserve
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Slavko Sereda/iStock via Getty Images Crude oil futures fell slightly on Tuesday after news reports said Russian Deputy Prime Minister Alexander Novak indicated that OPEC+ may increase production if market conditions warrant it, in addition to other signs of easing supply concerns. “It always depends “The current situation and the…
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Eli Azur wins battle for Tamar Petroleum board after NeoGames exit
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Israeli businessman Eli Azor was busy last week with the success of the vote on the formation of the board of directors of Tamar Petroleum (TASE: TMRP). On Wall Street, Azur and his partners completed the sale of online gambling company NeoGames (Nasdaq: NGMS) to Australian gaming and betting company…