Focus on Fuel
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.
Devon Energy to buy Grayson Mill’s Williston assets for $5 billion
Private equity firm cashes out on business to add 307,000 net acres to Devon Energy's position in Williston Basin.
Exxon Mobil signals second-quarter earnings hit from refining margins, natural gas prices
Exxon Q2 boost down to changes in oil prices.
Record US heat, hurricanes could roil fuel prices as oil refiners sweat
Extreme weather events hit oil refineries and production capacities while peak travel season pushes demand higher.
Grangemouth ‘should be home to energy industries of future’
Scottish politicians push for Grangemouth future to be secured as oil refinery faces closure next year.
Oil slips as Gaza talks ease supply fears; Hurricane Beryl in focus
Brent crude futures inched up 11 cents, or 0.1%, to $86.65 a barrel as at 0042 GMT after closing down 89 cents on...
U.S. Coast Guard says Hurricane Beryl may shut oil ports
Port closures could bring to a temporary halt shipments of crude oil to refineries and motor fuels from those plants.
Pongamia trees grow where citrus once flourished, offering renewable energy
An ancient Indian tree is thriving in former citrus groves in Florida, and could provide the nation with renewable energy.
