Bloomberg Top News

Berkshire Won’t Offer to Control Occidental, Buffett Says

Berkshire Hathaway Inc. won’t make an offer for full control of Occidental Petroleum Corp., Warren Buffett said Saturday, tempering speculation he was seeking to own the energy producer after spending months snapping up its shares.

Venezuela Issues NGL Export Permit to Eni, Repsol in Cardon IV

Venezuela has signed an agreement with European energy giants Eni and Repsol that allows for the export of natural gas liquids -or condensates- to other markets, according to Pedro Tellechea, the country’s oil minister and Petroleos de Venezuela head.