News
Gasoline prices retreat after recent surge
Gasoline prices retreated from their recent surge following the attack on a Saudi Arabian oil field as oil markets stabilized and crude prices fell back toward their pre-attack levels. Source: FuelFix
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Oxy closes Mozambique LNG sale to Total for $3.9B
Occidental Petroleum said Monday it closed on the sale of the crown jewel project from its Africa assets for $3.9 billion to the French energy major Total. 6.2.6 Source: FuelFix
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Saudi Arabia starts offering loans to develop renewable energy
Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil. Source: FuelFix
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Oil set for quarterly loss as Saudi strike offset by demand fear
Oil headed for its worst quarter since late last year as fears over the global economy and fuel demand overshadowed this month’s unprecedented attack on Saudi Arabia’s energy facilities. Source: FuelFix
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Drilling Down: New identity for BP in the shale fields
British oil major BP is drilling under a new name in Texas and Louisiana. Source: FuelFix
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