Fuel
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Slowing global jet fuel consumption adds to oil demand concern
GLOBAL jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead. Global…
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NPCIL brgins nuclear fuel loading at its 700 MW unit in Rajasthan
NPCIL starts loading nuclear fuel at its 700 MW unit in RajasthanIANS Nuclear fuel loading at the 700 MW plant at the Rajasthan Atomic Power Project has commenced, atomic power…
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India’s Adani Power Q1 profit down more than half as fuel costs bite
Consolidated net profit fell from 87.59 billion rupees a year earlier to 39.13 billion rupees (S$625.1 million) in the April-June quarter Indian thermal power producer Adani Power reported a 55.3…
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Oil prices finish higher as US oil, fuel inventories ease
OIL prices settled higher on Wednesday (Jul 24), supported by large declines in US crude and fuel stocks, but hovered close to their lowest level in six weeks due to…
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With No Money Or Fuel, Cuban Fishermen Improvise On Floating Rafts
Small white squares dot the ocean off Havana, an unlikely fleet of fishermen bobbing on makeshift polystyrene rafts they use to make up for a lack of fuel or money…
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COP29 Hosts Urge Fossil Fuel Majors To Donate To Climate Fund
Azerbaijan said Friday it hopes to raise money from fossil fuel producers for green projects in developing countries as the petro-state prepares to host the world’s most important climate summit.…
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India’s Reliance Industries Q1 profit misses estimates on lower fuel sales margin
INDIA’S Reliance Industries, a retail-to-telecom conglomerate, reported first-quarter profit on Friday (Jul 19) that missed estimates, hurt by lower margins on fuel sales. The billionaire Mukesh Ambani-led company, India’s largest…
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Maersk tankers and competitors bet billions on ammonia fuel carriers
SOME of the biggest names in shipping are betting billions of US dollars on tankers to transport a type of ammonia that’s scarcely being produced today – wagering it will…
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TSMC’s second quarter results may fuel its US$420 billion rally as AI demand soars
TAIWAN Semiconductor Manufacturing Company’s (TSMC) US$420 billion rally this year may get supercharged by another strong quarterly earnings, as an artificial intelligence (AI) investment boom keeps beating expectations. The world’s…
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Fuel Shortages A Bitter Pill For Cuba’s Sugar Cane Producers
Cuba’s sugar cane industry, once the world leader, first lost the United States as its main client 60 years ago, then the Soviet Union three decades later. Today, the industry…
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Americans look past fuel cost, bad weather to set July Fourth travel record
HIGH fuel costs and the threat of a hurricane are not expected to dampen Americans’ desire to hit the road this summer, with vacationers preparing for record travel to kick…
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Oil eases on weak US fuel demand, profit taking
OIL prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances the…
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From sails to wings: Maritime players innovate on fuel efficiency
ROTATING sails, hybrid boats and vessels inspired by birds – these are some of the innovations that Singapore-listed companies are deploying to improve the energy efficiency of maritime transportation as…
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Aviation Services Provider iFuel Promotes Renewable Energy Sources with its Sustainable Aviation Fuel
One of the leading aviation service providers, iFuel, has ascended to the forefront of sustainable aviation fuel (SAF) provision since its inception in 2020. Transitioning from a jet fuel supplier…
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Oil prices up 3% to one-week high on hopes of higher summer fuel demand
OIL prices climbed about 3 per cent to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger US dollar and expectations the US…
