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Brookfield Commits $1.1B to Infinium’s Low-Carbon Fuel Growth

Brookfield Asset Management is investing up to $1.1 billion in the low-carbon e-fuels startup Infinium.

September 10, 2024

World’s Top Oil Traders See Boom Years Fade

The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few years start to lose their impact.

September 10, 2024

Francine Heads for Gulf Coast; Oil Drillers Evacuate Crews

Francine is expected to lash parts of the Gulf Coast with powerful winds and heavy rain as it heads for a Sept. 11 landfall as a full-blown hurricane.

September 9, 2024

OPEC’s Quick Fix Masks Bigger Worry: Too Much Oil Next Year

OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.

September 6, 2024

US Imposes Sanctions on Two More Vessels Tied to Russian LNG

The U.S. has sanctioned two more vessels along with two related shipping companies in its latest effort to block Russian liquefied natural gas exports from the Arctic.

September 5, 2024

Trump Eyes Energy Emergency to Push Gasoline Below $2

A goal of sub-$2 gasoline, last seen during the pandemic shutdown that caused demand to collapse, would be difficult to achieve, since presidents have little control over pump prices.

September 5, 2024

OPEC+ Agrees to Pause Oil Supply Increase After Price Rout

OPEC+ clinched a deal to pause its planned oil output hike for two months after prices plunged amid fragile demand.

September 5, 2024

Increase your fleet’s fuel economy with the right lubricants

With our recommendation of Mobil Delvac™ Extreme FE 10W-30, GP Transco was able to achieve up to a 1% gain in fuel economy—saving them hundreds of thousands of dollars a year. Find out how.

September 1, 2024

BMW to Sell Hydrogen Cars in Partnership With Toyota

BMW AG plans to start selling hydrogen-powered vehicles in four years in a bid to establish the technology as an alternative to battery-electric cars.

September 5, 2024