Business ❯ Energy Sector

Refineries

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California Turns to Bahamas Fuel Route as Prices Climb to $4.58 a Gallon

The detour reflects costly U.S.-flag shipping requirements that make direct Gulf Coast deliveries to the West Coast uneconomical.

Bulgaria Gives Itself Control Over Lukoil’s Burgas Refinery as U.S. Sanctions Near

U.S. Gas Prices Fall to Lowest Early-July Level Since 2021

California Energy Commission Proposes Shelving Oil Profit Fines to Secure Gasoline Supply