Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of oil and gas supermajor Shell – have signed an agreement to sell Shell’s retail and lubricants business in Russia Shell Neft to Lukoil. […]
Phillips 66 made a final investment decision to move forward with Rodeo Renewed, the project to convert its San Francisco Refinery in Rodeo, California, into one of the world’s largest renewable fuels facilities. The project, which recently received […]
Prices at the pump are at a record high. The national average for a gallon of gasoline hit $4.418 on Thursday, according to AAA. Retail diesel prices are also at an all-time high. Retail diesel […]
Big investors are starting to warm to energy. For more than five years, endowments, pension funds, and other so-called institutional investors shunned the oil-and-gas industry because of big losses and concerns about climate change. Now some […]
Referring to her budget announcement of allotting INR7.50 lakh crore to the infrastructure sector in the country, she said it was comparatively higher to the INR5.50 lakh crore that was allotted last year. FinanceMinisterNirmala Sitharamanon […]
There are some things that are just fun. Watching my daughter play volleyball and getting to speak at John Mauldin’s SIC2022 conference yesterday. The title of SIC2022 is “Goodbye Normal, the most important SIC we’ve […]
Diesel prices have hit record highs due to very tight domestic inventories and a global supply shortage. A combination of spiking demand as the world recovers from Covid and falling supply due to Russia’s invasion […]
Domestic opposition to fracking continues to grow in Colombia. Colombia has launched fracking pilots at two sites. A recent court decision could end the fracking pilots, and herald the beginning of the end for Colombian […]
The spot jet fuel price in New York Harbor traded at record-high levels for several weeks in April. The price has since declined, but it has remained higher than the prices at both the U.S. […]
May 11, 2022 Source: Graph by the U.S. Energy Information Administration, based on data from Bloomberg, L.P. The spot jet fuel price in New York Harbor traded at record-high levels for several weeks […]
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