TotalEnergies Acquires Additional Interest In Fort Hills
TotalEnergies has exercised its preemption right to acquire an additional 6.65% interest in the Fort Hills Energy Partnership and associated sales and logistics agreements from Teck Resources, for a consideration of $233.7Mn.
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New York Gasoline Shortage Brews on Fallout From EU Russia Ban
New York and much of the East Coast are at risk of a gasoline shortage this summer.
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DOE Awards $118Mn To Accelerate Domestic Biofuel Production
The US DOE has announced $118Mn in funding for 17 projects to accelerate the production of sustainable biofuels for US transportation and manufacturing needs.
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USA Drops 3 Gulf of Mexico Rigs
The U.S. dropped three rigs in the Gulf of Mexico week on week.
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Wärtsilä Tech Ordered For Latin American Power Plant
Wärtsilä has been contracted to supply engines for a large Latin American power plant.
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IEEFA: Move Away From Fossil Fuels Becoming More Apparent in USA
IEEFA notes that Texas is a prime example of how quickly a shift away from fossil fuels can happen.
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Ecopetrol Bonds Slump as CEO Exits Amid Petro's Exploration Halt
Ecopetrol SA bond prices fell after the company said Felipe Bayon will step down as chief executive officer.
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