Unimot SA, one of Poland’s largest fuel companies, is urging Europe to speed up its green energy transition, warning that Middle East tensions have once again exposed the continent’s excessive reliance on imported fossil fuels.
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
ExxonMobil Holdings Corp. has told Kazakhstan that the country’s top oil field is already on the cusp of peak output and its production will slump sharply in the coming decade.
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