Fuel
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PetroChina’s 2023 net income up 8.3% on strong fuel, gas sales
PETROCHINA’S net profit rose 8.3 per cent last year off record levels in 2022, as strong growth in natural gas sales and its marketing segment offset lower realised oil prices.…
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Sustainable aviation fuel costs must be lower, Exxon VP says
COSTS are the main obstacle to increasing the use of sustainable aviation fuel (SAF), Exxon Mobil Senior Vice President Jack Williams said on Friday (Mar 22). SAF accounts for just…
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Qantas under pressure from big business to find more clean fuel
QANTAS Airways is hunting for scarce supplies of sustainable aviation fuel to use on key routes to the United States and Europe, partly because so many of the airline’s corporate…
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Venture Global buys LNG shipping fleet to market fuel worldwide
VENTURE Global LNG, the United States liquefied natural gas (LNG) exporter embroiled in a dispute with several of its customers, is acquiring nine LNG carriers and expanding its sales operations…
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War-weary Sudanese Without Fuel Turn To Donkey Carts
In war-torn Sudan, where chaos and fuel shortages have ground normal motor traffic to a halt, people once more rely on donkey carts — even for urgent trips to the…
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Shady Bleaching Jabs Fuel Health Fears, Scams In W. Africa
In her quest for “fair skin”, an Ivorian YouTuber recently visited a market stall in Abidjan to receive several injections promoted as containing whitening agents. The influencer, who asked to…
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China’s aviation fuel demand seen up 13% in 2024: CNPC research
CHINA’S aviation fuel consumption is likely to expand 13.1 per cent this year, extending a robust recovery last year on passenger travel, but the country’s crude oil imports may stay…
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Singapore’s ‘mild’ green jet fuel levy lags global targets but provides clarity to industry: observers
SINGAPORE’S proposed levy on flights to fund sustainable aviation fuel lags international targets, said observers. Even so, it still provides some much-needed clarity to the aviation industry, with only a…
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UK To Quit ‘Outdated’ Fossil Fuel Friendly Treaty
The UK will join a string of European countries in leaving a controversial energy treaty that has allowed fossil fuel giants to sue governments over their climate policies, the government…
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Airlines’ chief pleads for more green fuel to save air travel
THE head of global airlines’ biggest trade group implored oil producers to make more low-emissions aviation fuel, warning the future of commercial air travel depends on the industry’s successful decarbonisation.…
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Oil up 3% on Gaza ceasefire rejection and US fuel stocks data
OIL prices gained more than 3 per cent on Thursday on concerns of a broadening conflict in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures closed…
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Oil rises on US fuel stocks draw, Israel-Hamas tensions grow
OIL prices rose for a third consecutive day on Wednesday, boosted by a larger-than-expected fall in US fuel stocks, and amid rising tensions in the Middle East. Brent crude futures gained…
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Nibiru Chain Secures $12 Million to Fuel Developer-Focused L1 Blockchain
Dallas, Texas, February 5th, 2024, Chainwire Nibiru Chain, a general-purpose layer 1 blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an…
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Cuba Delays 500% Fuel Price Hike Over ‘Cybersecurity’ Incident
Drivers queue to fill their tanks at a petrol station in Havana, on January 31, 2024 AFP Cuba’s government on Wednesday delayed a planned 500 percent surge in the fuel…
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Rumors, Disinformation Fuel Panic Amid Ecuador Narco War
A crowd of students runs panicked through the campus of a university in Ecuador while others block a classroom door in fear of an armed intrusion. Video of these scenes…