{
Pilot Corporation

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}
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warren buffett company exits international oil trading to focus on retail

Warren Buffett's Berkshire Hathaway has decided to shut down Pilot Co's international oil trading operations, refocusing the company on fuel retail in North America. Following significant layoffs, including a vice president, Pilot Co aims to enhance its core capabilities in delivering reliable fuel supply. Meanwhile, Buffett continues to increase his stake in Occidental Petroleum, raising speculation about a potential takeover, although he has denied any plans for control.
OilPrice.com
Berkshire Hathaway Inc. Pilot Corporation Occidental Petroleum Corporation USA Gary Hoogeveen Warren Buffett Charles Kennedy Show more
Business & Industry, News Article
09:24 22.01.2025
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