Oil rose more than 2% on Thursday as US-Iran talks showed little sign of progress, with Brent near $105.51 and traders eyeing a US diesel export ban.
United States
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Trump says he backs a US diesel export ban as record fuel prices bite ahead of the midterms, though his energy officials warn it could backfire.
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The US Department of Energy has selected 21 projects for up to $99 million to advance next-generation geothermal power, including two won by Fervo Energy.
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In the News
India warns new US tariffs over Russian oil could hit ties, vows to protect energy security
India has warned that new US tariffs targeting buyers of Russian oil could harm bilateral ties, vowing to protect its energy security and trade interests.
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US and Vietnamese firms will sign dozens of energy, tech, aviation and finance deals as leader To Lam visits New York, documents show.
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EQ Resources will take a 10 percent stake in a joint venture with Elmet Group and Blue Moon Metals to restart the Springer tungsten project in Nevada.
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Shell has drawn potential bidders, including ExxonMobil and LyondellBasell, for its US chemical assets, which could fetch up to $8 billion, the FT says.
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NRG Energy has emerged as a potential bidder for the Pleasants Power Station, a West Virginia coal plant that filed for bankruptcy last month.
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Union Pacific collected $91.1 million more in fuel surcharges than it paid for fuel in the second quarter, far outpacing rivals and lifting its profit.
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KEY POINTS Nigeria has taken a historic step into the global energy market, with the Dangote Petroleum Refinery shipping petrol to the United States for the very first time. The …