Energy
EPA waives ethanol fuel restrictions amid soaring gas prices
Reported by AI Image generated by AI
The Environmental Protection Agency announced on Wednesday it will temporarily lift federal limits on E15 and E10 gasoline blends to help lower prices strained by the Iran conflict. The waiver aims to boost fuel supply starting May 1. Gas prices have reached nearly $4 per gallon, the highest since 2022.
Nearly one in 10 homes tested in the UK, Italy and the Netherlands showed benzene levels from gas cooker leaks that surpass safety limits, according to researchers. The cancer-causing chemical in natural gas poses risks akin to secondhand smoke indoors. The findings highlight potential indoor air pollution from slow leaks.
Reported by AI
The U.S. Department of the Interior announced on Monday that it will refund nearly $1 billion to TotalEnergies for two unused offshore wind leases in the Atlantic Ocean. In exchange, the French company pledged to invest the funds in existing oil and gas projects in the Gulf of Mexico and Texas. Critics called the deal opaque and unnecessary.
Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, held a meeting with the ministry's crisis management committee to review operational plans safeguarding the unified power grid and ensuring electricity supply continuity, amid ongoing regional military escalation.
Reported by AI
Ecopetrol shares dropped 4.96% to $2,680 on the Colombia Stock Exchange on March 24, as the board debates Ricardo Roa's future as president after his imputation for alleged influence peddling. The USO union threatened a national strike if he is not removed. Analysts criticize the timing amid high oil prices.
President Ferdinand Marcos Jr. said grounding airplanes is a distinct possibility amid soaring oil prices caused by the Iran-Israel war. In an exclusive Bloomberg interview, he cited scarcity of crude oil supplies and longer refining times. Inflation in the Philippines is expected to rise due to the ongoing fuel crisis.
Reported by AI
Utah Republicans, led by State Senator Derrin Owens, are advocating for the state to host a federal nuclear waste storage and recycling site in Millard County's salt deposit. The push follows a Trump administration call for volunteer states to develop 'nuclear lifecycle innovation campuses.' Governor Spencer Cox said the state is evaluating the proposal amid local divisions.
Government neutralizes Mepco and drives fuel prices to historic highs
March 25, 2026 17:42Anla approves Frontera Energy oil exploration in Magangué
March 25, 2026 13:04Ecopetrol board to decide Ricardo Roa's future on March 30
March 25, 2026 10:39Madbouly: Egypt prioritizes energy efficiency and supply security
March 25, 2026 08:42South Korea expects LNG price volatility from Qatar supply suspension
March 24, 2026 19:54Marcos declares state of national energy emergency
March 24, 2026 19:53AEI report raises bias concerns over federal judges' climate guide
March 24, 2026 19:36EPRA report shows Kenyans face 8.39 hours of monthly power outages
March 24, 2026 19:18QatarEnergy declares force majeure on LNG contracts after Ras Laffan attacks
March 24, 2026 13:45Apache announces new gas discovery in Egypt’s Western Desert