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Turkey increases fuel tax as it bolsters stretched budget

Turkey raised tax on petrol on Sunday to help to fund a 1.12 trillion lira ($42.2 billion) increase to its 2023 budget after February's earthquakes and the May presidential election sent spending soaring. ....

Ali Kucukgocmen , David Goodman , Tayyip Erdogan , Thomson Reuters Trust Principles , President Tayyip Erdogan , Ece Toksabay , Nevzat Devranoglu Editing , Diane Craft , Thomson Reuters Trust , Repi Refining , Repi Transport Fuels ,

Brazil's top court sentences ex-President Collor to prison for corruption

Brazil's supreme court voted on Wednesday to sentence former President Fernando Collor de Mello to 8 years and 10 months in prison on corruption and money laundering charges. ....

Distrito Federal , Anthony Boadle , Ricardo Brito , Thomson Reuters Trust Principles , President Fernando Collor De Mello , Carolina Pulice , Thomson Reuters Trust , Repi Exploration Production , Repi Refining , Reuters Legal ,

Explainer: How will OPEC's production cut affect US gasoline prices?

Saudi Arabia and other OPEC+ oil producers announced over the weekend they would launch deep oil production cuts starting next month, a surprise move that sent oil prices surging. ....

United States , Saudi Arabia , Sakhalinskaya Oblast , David Gregorio , Mark Finley , Erwin Seba , Jim Krane , Matt Smith , John Auers , Bob Yawger , Laura Sanicola , Thomson Reuters Trust Principles , Rice University Baker Institute , Us Energy Department , Rice University , Refined Fuels Analytics , South America , Baker Institute , Thomson Reuters Trust , Repi Opec , Repi Refining , Repi Transport Fuels , Repi Gas , Repi Fuel Oil ,

Brazil's Energisa wins Espirito Santo gas firm at privatization auction

Brazilian energy company Energisa Transmissao de Energia SA won ownership of natural gas firm ESGas at a privatization auction on Friday, buying stakes from the state government and Vibra Energia . ....

Espirito Santo , Estado De Pernambuco , Sarah Morland , Thomson Reuters Trust Principles , Energisa Transmissao De Energia , Vibra Energia , Companhia De Distribui , Carolina Pulice , Giles Elgood Editing , Thomson Reuters Trust , Repi Grid Infrastructure , Repi Refining , Repi Gas , Repi Fuel Oil ,

Brazilian company BBF to build country's first HVO fuel plant

Brasil BioFuels will build the country's first plant to produce Hydrotreated Vegetable Oil, a fuel known as HVO or 'green diesel'. ....

Marta Nogueira , Tatiana Bautzer , Petrobras Distribuidora , Thomson Reuters Trust Principles , Hydrotreated Vegetable Oil , Thomson Reuters Trust ,