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Diesel

Pertamina plans to start making bioethanol from sugarcane, cassava

Indonesian state energy company PT Pertamina plans to begin producing bioethanol from sugarcane and cassava this year, its CEO told a conference.

Indonesia plans to hike biodiesel mandate in next few years

Indonesia plans to raise its mandatory palm oil-based biodiesel blending to 40% in the next few years, but for now will keep it unchanged at 35%, the country's energy minister said.

Renewables growth did not dent fossil fuel dominance in 2022

Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of World Energy report said.

Nigeria's NNPC spends $2.41 B on petrol subsidy

Nigeria's petrol subsidy cost state oil firm NNPC Ltd $2.41 B in the five months through May before the program was scrapped, a report showed.

Turkey stays top destination for Russian June diesel loadings

Turkey will again be the top destination for Russian diesel exports in June, while total shipments are set to rise after seasonal refinery maintenance, traders said.

China's May fuel oil imports ease after hitting highest in a decade

China's fuel oil imports dipped in May after hitting a decade-high in April, while exports of low-sulfur marine fuels rose, General Administration of Customs data showed.

Canada retools inflation baskets, more focus on food, gas prices

Canada's national statistics agency revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes in the prices of food and gasoline.

India oil firms could consider cutting petrol, diesel prices in next quarter

Indian fuel retailers could consider cutting petrol and diesel prices in the next quarter if the global situation remains stable, its oil minister Hardeep Singh Puri told broadcaster NDTV.

Angola fuel hike protesters clash with police

Angolan police fired tear gas in the capital Luanda and other cities Benguela and Namibe as thousands of protesters took to the streets a week after clashes over a recent fuel hike killed at least five people.

Former F1 boss racing to create ‘guilt free’ fuel

Formula One is seen as one of the most gas guzzling of sports but one top engineer and former F1 team boss Paddy Lowe is seeking to change this with the launch of a so-called guilt-free synthetic fuel.