Wednesday, 2 April 2025

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US EPA to announce temporary expanded sales of higher-ethanol gasoline blend: sources

The U.S. Environmental Protection Agency will announce by Friday plans to temporarily expand sales of higher-ethanol blends of gasoline this summer.

AnalysisEconomyElectionsOilOpinionPoliticsTrade

Analysis: What does the return of U.S. oil sanctions on Venezuela mean for its election, and global energy markets?

Analysis by the Atlantic Council: What does the return of U.S. oil sanctions on Venezuela mean for its election, and global energy markets?

BusinessClimateEconomyFinanceNewsPolitics

World Bank’s Banga wants to make gains in tackling the effects of climate change, poverty and war

“The world’s intertwined challenges of poverty ... combined with fragility and conflict and violence, combined with climate change, is coming into a perfect...

AutomotiveEconomyFuelNewsOilPoliticsTransport

White House wants to keep gas prices in current ranges: Lael Brainard

The Biden administration wants to keep gas prices within current ranges as the United States heads into its summer driving season, says White...

BusinessEconomyNewsOilPoliticsTrade

Lower oil refinery output hits value of Russia’s Q1 exports, central bank says

Lower production at Russian oil refineries was partly to blame for the continued decline in the country's exports in the first quarter of...

AutomotiveEconomyEmissionsEnvironmentNewsOilRegulationsTransport

Drivers in Eastern Canada see gas prices spike as refineries switch to summer blends

The cost of producing summer gas is higher because butane levels are reduced to meet Canadian environmental regulations and lower emissions. 

AnalysisEconomyIn-DepthOilPoliticsTrade

Venezuela oil sector hit by loss of its widest U.S. license

Venezuela's loss of a key U.S. license that allowed it to freely export and increase investment in its oil sector will hit the...

BusinessEconomyElectricityFinanceNewsPoliticsTransmission

World Bank aims to connect 250 million Africans to electricity grid by 2030

World Bank president says around 600 million people in Africa do not currently have access to affordable, reliable electricity — a key factor...

EconomyNewsPoliticsTrade

Europe must ‘show its teeth’ in defending industrial interests against China: French finance minister

French Finance Minister Bruno Le Maire says he envisions implementing the EU's carbon border adjustment mechanism to give an advantage to Europe's cleaner...

EconomyElectionsNewsOilPoliticsTrade

U.S. to reimpose sanctions on Venezuela oil industry: officials

The United States is to snap back sanctions on Venezuela's crucial oil industry after President Nicolas Maduro's government continued its "repression" of opponents:...

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