Shell anticipates record-high profits from its refining operations in the third quarter, driven by global fuel shortages that have caused refined-product prices to surge. The company projects refining margins to reach approximately $42 per barrel for the July-September period, a significant increase from $24 per barrel in the previous quarter. This forecast surpasses the prior record of around $28 per barrel, set during the...
A prolonged heat wave in California has shattered daily temperature records in several regions, heightening the risks of wildfires and deteriorating air quality. On October 3, Southern California experienced unprecedented heat, with Santa Ana reaching 41.7°C, Vista recording 42.2°C, and San Diego International Airport hitting 40.6°C, breaking a record set in 1987.
The extreme temperatures were not confined to the south, as Northern California and...
