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United States Oil And Gas

Grafa
Oil and Gas

Shell raises refining margins to $17 while warning of Middle East volatility

Shell (NYSE:SHEL) updated its first-quarter 2026 outlook on April 8, raising its indicative refining margin to $17 per barrel while warning that the ongoing conflict in the Middle East is driving increased uncertainty across its global operations.

Read more: Shell raises refining margins to $17 while warning of Middle East volatility
Grafa
Oil and Gas

BP names trading chief Carol Howle deputy CEO to sharpen strategic focus

BP (NYSE:BP) has appointed long-serving executive Carol Howle as Deputy CEO, effective immediately, a move that centralizes the firm’s strategic and trading operations as it navigates intensifying pressure to balance green energy ambitions with fossil fuel returns.

Read more: BP names trading chief Carol Howle deputy CEO to sharpen strategic focus
Grafa
Oil and Gas

Fusion Fuel subsidiary Quality Industrial signals turnaround with 46% revenue jump

Fusion Fuel (NASDAQ:HTOO) highlighted a pivotal fiscal 2025 for its majority-owned subsidiary, Quality Industrial Corp (QIND), as the unit successfully cleared legacy financial hurdles while posting double-digit top-line growth.

Read more: Fusion Fuel subsidiary Quality Industrial signals turnaround with 46% revenue jump