Focus on Liquefied Petroleum Gas
Honda to cut ICE car production capacity in China, Nikkei reports
Honda will close three of its seven production lines in China, reducing its annual ICE vehicle capacity to 1 million from 1.49 million.
Brazil’s Petrobras ups gasoline prices 7%, first hike under new CEO
Petrobras in 2023 ditched a more market-based pricing policy in favor of one that gave it more flexibility to smooth out price swings.
BP halts hiring, slows renewables roll-out to win over investors
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects, places a renewed emphasis on oil and...
Analysis: A mountain of asset sales loom after oil megamerger era
US oil and gas companies could struggle to sell $27bn assets as wave of energy megamergers nears the end of regulatory reviews
Major Chinese asset managers have no plans to phase out fossil fuel investments, Greenpeace says
Major Chinese asset managers have billions of dollars invested in fossil fuels with no plans for a phase out, a new Greenpeace report...
Energean to sell Med oil and gas assets to Carlyle for up to $945 million
Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945m, the oil...
Fossil fuel use, emissions hit records in 2023: Statistical Review of World Energy
LONDON – Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels’ share of the global energy...
How the timeline for banning new petrol and diesel cars has shifted
Drivers and vehicle manufacturers have been told several different timelines for when the sale of conventionally fuelled cars will be banned in the...
Over half of Aramco share sale allocated to foreign investors – sources
Saudi Arabia placed over half of an $11.2bn share sale in Aramco with foreign investors, sources said Saturday
Berkshire buys additional 2.57 million shares in Occidental Petroleum
Warren Buffett's Berkshire Hathaway bought around 2.57m shares of common stock in Occidental Petroleum over June 5-7, according to US filing
