Focus on Fuel
Ofgem boss demands new powers to recoup cash when energy firms collapse
The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go...
Trump’s climate withdrawal creates rare discord with Big Oil
U.S. oil and gas producers welcome Trump's push for domestic energy but fear exiting climate deals could hurt global clean energy investments.
Pilot scheme to help oil and gas workers transition to renewables launches
Oil and gas workers looking to transition into careers in the renewables industry will be given greater support under a new pilot scheme...
LNG exporter Venture Global cuts target valuation for US IPO to $65.3 billion
LNG exporter Venture Global has significantly reduced the valuation it was seeking for its U.S. initial public offering.
Citi raises average 2025 oil price forecasts, citing geopolitical risks
Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran.
Siemens Energy sees ‘massive tailwind’ from US power drive
Shares in Siemens Energy rose nearly 10% to a record high on Wednesday.
Lesotho’s king pitches green energy to Davos elites
King Letsie III of Lesotho urges global leaders in Davos to invest in his nation's green transition.
Exclusive: Warren Buffett’s Pilot Co shuts oil trading business, sources say
By Shariq Khan and Georgina McCartney NEW YORK/HOUSTON (Reuters) – Warren Buffett’s Pilot Co is shuttering its international oil trading business, ending an...
Argentina logs largest energy trade surplus in 18 years in win for Milei
BUENOS AIRES (Reuters) – Argentina logged its largest energy trade surplus in nearly two decades last year, the energy secretariat said on Tuesday,...
