Does anyone in the television media know what E&P entities do, and what comprises energy companies? Here's a recent CNN post: "Saudi Arabia and American shale oil companies remain in a battle for global dominance...Despite that rivalry, Saudi Arabia is deepening its ties with the U.S., with a raft of deals with American energy companies unveiled during President Trump's visit to the OPEC leader...Saudi Aramco, the country's oil crown jewel, announced $50 billion worth of agreements with nearly a dozen U.S.-based companies, including Schlum-berger (SLB), Halliburton (HAL), General Electric (GE), Nabors (NBR) and National Oilwell Varco (NOV)."
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