Chevron Corporation Linked to Brazil’s Ipiranga Stake Talks as Ultrapar Weighs Sale (Reuters)

Chevron Corp is in the mix as a potential minority investor in Ipiranga, Brazil’s fuel distributor, after Ultrapar brought in BTG Pactual to oversee a stake sale, according to sources close to the matter. A Brazil Journal report put Chevron in advanced discussions for a 30% stake. But sources speaking to Reuters couldn’t verify if the U.S. oil giant is actually among the bidders.

Energy · NYSE:CVX
SSE Plc Grid Push Moves Closer After Ofgem Signals Support for Early Funding on 8 Scottish Projects

SSE Plc Grid Push Moves Closer After Ofgem Signals Support for Early Funding on 8 Scottish Projects

Britain’s energy watchdog Ofgem on March 5 said it’s considering giving SSE the green light to go ahead with its entire early-construction funding request for eight Scottish transmission projects—meaning SSE could move forward on land purchases, prep work, and placing equipment orders well before final project reviews are finished. In the consultation, Ofgem indicates it’s inclined to let Scottish Hydro Electric Transmission, SSE’s transmission arm, exceed the typical 20% early-spend cap for five of the projects. That would require changing its licence.
6 March 2026
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Woodside Energy directors buy more shares at $28 as CEO decision nears

Woodside Energy directors buy more shares at $28 as CEO decision nears

Woodside Energy Group Ltd reported that its Non-Executive Directors’ Share Plan trustee snapped up 4,772 shares on market on Feb. 26, paying $28.1341 each. The purchase bumped up indirect holdings for seven non-executive directors, according to Appendix 3Y filings. Benjamin Sana Wyatt picked up 1,116 shares, Arnaud Breuillac took 900, Ashok Belani and Angela Minas each received 846, Lawrence Eben Archibald got 560, Swee Chen Goh 334, and Ian Elgin Macfarlane 170. The notices noted the interests weren’t traded in a closed period.
5 March 2026
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Exxon Mobil’s first Gulf Coast-to-Australia fuel shipment signals how Hormuz disruption is spreading

Exxon Mobil’s first Gulf Coast-to-Australia fuel shipment signals how Hormuz disruption is spreading

Exxon Mobil Corporation is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to Australia in mid-March, according to four people familiar with the situation—marking the company’s first such move. These shipments are intended to supply Exxon’s own Australian import needs as Asian refiners grapple with crude shortages linked to ongoing Strait of Hormuz disruptions. Exxon runs three fuel terminals across Australia and distributes to retailers via its Mobil Oil arm.
5 March 2026
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Venture Global shares jump after New York judge blocks Shell bid in LNG fight

Venture Global shares jump after New York judge blocks Shell bid in LNG fight

Venture Global, Inc. surged over 8% on Tuesday, rallying after a New York court tossed out Shell’s attempt to overturn an arbitration win for the U.S. LNG company. UBS analyst Manav Gupta weighed in: “We believe the stock price remains depressed due to arbitration overhang. This news will likely be seen as a positive.” Venture Global touched its highest level since Oct. 10, bringing gains this year to more than 87%. BP, Edison, Repsol, and Galp are also in arbitration, with a damages decision still pending in BP’s case.
4 March 2026
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Chevron stock price faces Monday test after Leviathan shutdown, Hormuz shipping risks

Chevron stock price faces Monday test after Leviathan shutdown, Hormuz shipping risks

Shares of Chevron Corp face new uncertainty this week, after three sources told Reuters that Israel temporarily shut down sections of its natural gas reservoirs—including the Leviathan field offshore, run by Chevron. Citing security assessments, Israel’s Energy Ministry said energy needs would be filled by other sources. Chevron pointed Reuters to the ministry for comment. CVX finished Friday up 1.41% at $186.76.
28 February 2026
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Ofgem cuts UK energy price cap for April — here’s how much bills will fall

Ofgem cuts UK energy price cap for April — here’s how much bills will fall

Britain’s energy regulator Ofgem plans to trim its household energy price cap by 7% starting April 1, pulling the typical annual dual-fuel bill down to £1,641. That’s a yearly drop of £117—roughly £10 a month. Tim Jarvis at Ofgem called a budget tweak to policy costs “the main driver.” The regulator also flagged a jump in switching activity, up nearly 20% year-on-year, and noted last year’s fixed deals came in about £115 beneath the cap.
25 February 2026
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