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Anna Hirtenstein

FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
BusinessEconomyNewsOilPoliticsTrade

OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

FILE PHOTO: The Varo refinery is seen in Cressier, Switzerland, May 4, 2023. REUTERS/Denis Balibouse/File Photo
BiofuelsBusinessFuelNews

Varo Energy in talks to buy Preem’s Swedish refineries, sources say

Varo already has stakes in refineries in Germany and Switzerland and is expanding in sustainable fuel and trading.

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