Brazilian holding company Itausa Investimentos Itau SA is no longer interested in competing for a stake in BR Distribuidora, the fuel distribution unit of state-run oil company Petroleo Brasileiro SA, Itausa said Tuesday.
In a statement, Itausa said it would continue to analyze opportunities to acquire stakes of other companies.
(Writing by Silvio Cascione)
Pharos Energy, a UK-based oil & gas exploration company, announced on Friday that its two joint ventures operating in Vietnam…
California's utilities regulatory agency on Thursday set out a clear path to potentially close SoCalGas Aliso Canyon's gas storage facility.
A letter obtained by showed that U.S. officials redoubled their efforts to convince EU counterparts that shipments of liquefied…
In a video on social media, Hungarian Minister of Foreign Affairs Peter Szijjarto stated that the United States had granted…
Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened…
Vladimir Putin, President of Russia, said that it is now clear that no new gas transit agreement will be signed with Kyiv…
The British oil giant BP announced on Thursday that it had reached an agreement with the Iraqi Government on the technical…
European power prices rose Thursday as the main wind producer Germany was expected to experience a sharp drop in wind production output…
Sinopec (China Petrochemical Corp.) expects China’s petroleum consumption will peak in 2027, at no more that 800 million…
On Wednesday, North American miners of graphite asked the U.S. Government to impose tariffs as high as 92% on Chinese suppliers…
U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export…
Oil edged up on Wednesday after a drop in U.S. crude inventories, and as investors eyed a potential interest rate cut by the U.S.
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.