Tuesday, April 28, 2026
Weatherford provides financial update and announces intention to delist from the New York Stock Exchange- oil and gas 360

Weatherford provides financial update and announces intention to delist from the New York Stock Exchange

Oil and Gas 360 HOUSTON, April 15, 2020 /PRNewswire/ — (OTCPINK: WFTLF) Weatherford International plc (“Weatherford” or the “Company”) provided an update today on its expected results for the first quarter of 2020 and announced its intention to delist from the New York Stock Exchange (“NYSE”).     FINANCIAL UPDATE Despite the challenging environment, the Company’s preliminary financial results improved during the

Berkshire Hathaway to accept Occidental shares instead of cash dividends- oil and gas 360

Berkshire Hathaway to accept Occidental shares instead of cash dividends

Reuters Occidental Petroleum said on Wednesday billionaire Warren Buffett’s Berkshire Hathaway Inc had agreed to accept common shares of the oil producer instead of cash dividends for preferred stock. Berkshire last year bought $10 billion worth of Occidental’s preferred shares to help finance its acquisition of Anadarko Petroleum. Berkshire plans to sell the common shares, Occidental said in a regulatory

Oil prices may now be at a bottom after historic OPEC deal, US energy secretary says- oil and gas 360

Oil prices may now be at a bottom after historic OPEC deal, US energy secretary says

CNBC The historic deal reached by OPEC and its oil-producing allies to cut production has worked to “stem the tide, stem the damage that was being done to the market,” since the onset of the coronavirus pandemic and the Saudi Arabia-Russia oil price war, U.S. Energy Secretary Dan Brouillette told CNBC. Oil prices are down more than 55% year-to-date, having experienced the