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Phillips 66 Ponders Buying US LNG, Hires Staff in Push

Phillips 66 is looking to buy liquefied natural gas from the U.S. through long-term contracts and is hiring staff in Houston to do this, according to people familiar.

September 10, 2025

Biofuel Shares Hit as Policy Speculation Stokes Demand Fears

Biofuel company shares dipped on fears that Trump administration policies may fall short of offsetting exemptions from mandates requiring refineries to blend renewable fuels into gas and diesel.

September 10, 2025

Georgia's Electric Mobility Dream Tested After Hyundai Raid

Can Georgia Gov. Brian Kemp be both tough on immigration and encourage foreign companies to invest?

September 10, 2025

Europe Car Bosses Tout EVs, Warn Against Combustion-Engine Ban

European car executives walked a fine line at the recent Munich auto show by touting how swell their new EVs are while warning Brussels that they can’t possibly sell only EVs by 2035.

September 9, 2025

California Might Pay Valero to Prevent Refinery Shutdown

California legislators are considering giving Valero hundreds of millions of dollars to cover refinery maintenance costs in a bid to prevent the closure of a San Francisco-area fuel plant.

September 9, 2025

Newsom to Curb Offshore Oil in Exchange for Onshore Output

Restrictions would impose a setback to Sable Offshore and its controversial project off the coast of Santa Barbara County.

September 9, 2025

Exxon Buys Kentucky Battery Factory to Expand Energy Storage

The Texas oil giant is making several forays into low-carbon energy even as it expands fossil fuel production faster than its rivals.

September 9, 2025

Polestar Unveils China-Built Electric Sedan to Battle Porsche

Polestar Automotive Holding UK debuted a luxury sedan as the Swedish electric vehicle maker seeks to challenge rivals like Porsche AG with its Taycan.

September 8, 2025

OPEC+ Output Signals Spur Options Bets Oil Will Tick Below $60

A flurry of bets on Brent crude falling below $60 a barrel this year changed hands recently, a sign investors are hedging against the risk of another large production hike from OPEC and its allies.

September 5, 2025

475 Workers Detained in Hyundai Georgia Plant Raid

The raid focused on the battery plant construction site and agencies are investigating allegations of unlawful employment practices and other serious federal crimes.

September 5, 2025