Focus on Fuel
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
Decarbonizing coal plants in Asia: Is there a role for hydrogen and carbon capture technology?
A new report published by The Oxford Institute for Energy Studies examined whether hydrogen and carbon capture and storage technology could help mitigate...
US speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
The Biden administration in 2022 announced a record sale of 180 million barrels from the SPR after Russia's invasion of Ukraine. The move...
Real-world mileage standard for new vehicles in U.S. rising to 38 mpg in 2031 under new Biden rule
President Joe Biden has set a goal that half all of new vehicles sold in the U.S. in 2030 are electric, part of...
US raises truck, SUV fuel economy rules, much less than first proposed
The National Highway Traffic Safety Administration (NHTSA) said the proposed new rules will result in much lower compliance penalties than originally proposed, a...
COP29 climate hosts say they’ll keep expanding fossil fuels
The incoming president of the COP29 UN climate summit in Azerbaijan says his country will keep increasing fossil fuel production "in parallel" with...
John Kemp column: US manufacturers in halting recovery but diesel use tepid
Column by John Kemp: U.S. manufacturers are gradually emerging from a prolonged but shallow slowdown over the last two years, but progress has...
Major world economies seek to halt new private sector coal financing
World's major economies looking to finalise a plan ahead of UN climate summit to halt new private sector funding for coal projects.
