Berkshire Hathaway Inc. (BRK/A) reported a stake in Exxon Mobil Corp. (XOM) valued at about $3.7 billion as Warren Buffett’s company disclosed its largest new holding since adding International Business Machines Corp. in 2011, Bloomberg reported on November 15.
Russian power producer Wholesale Generating Company-2 (WGC-2) has signed an agreement to take out a 2 billion ruble 3-year loan from gas giant Gazprom at an annual interest rate of 8%, Prime reported on October 17, citing WGC-2.
Bashneft is studying the possibility of an initial public offering, news agencies are reporting. The details of the placement are not being discussed.
Net profit at the China Petroleum and Chemical Corporation (Sinopec), China's largest oil refiner, rose 24.1 percent in the first half of 2013 from a year earlier, the company said on Sunday.
Rosneft President and members of the Management Board have increased their interests in the Company’s charter capital as follows:
Igor Sechin, President, Chairman of the Management Board of Rosneft, increased his holding from 0% to 0.0075%
Chevron Corp. said that its second-quarter global oil and gas production and refining-business activity is on track to decrease from a year earlier, according to a report from Market Watch.
The European Union’s top energy official ignored a warning delivered in 2009 about potential manipulation of Platts oil benchmarks “because markets trusted” them.
Total Energy Services Inc. ("Total") (TSX:TOT) has increased its 2013 capital expenditure budget to $68.6 million, the company reported in a news release.
Citi is launching a new product quoting UK natural gas contracts denominated in euros rather than British pounds.
JSC KazMunaiGas Exploration Production announced that on the 31 December 2012 its share buy back program was completed.