Latest news and articles about fuel from NEX English
An Iraqi official confirmed that Iraq will keep supplying Lebanon with the necessary fuel for electricity generation, despite delays in payment from the Lebanese government. This move reflects Iraq's commitment to support Lebanon amid its ongoing crises.
Malaysia has launched the Budi Madani RON95 (Budi95) initiative to effectively manage fuel demand, reducing the monthly allocation per individual to 200 liters. This decision comes in response to ongoing global challenges in energy markets.
Private oil refineries in China have requested government approval to reduce processing rates after a month of orders to increase production. This request comes as the country faces significant challenges in meeting market demands.
ADNOC Distribution has expressed optimism about a rise in fuel demand in the UAE, despite recent price increases. This statement comes at a time when the market is experiencing notable changes.
In response to rising fuel prices due to global crises, the Spanish airline Volotea has introduced a controversial new policy to increase flight ticket prices. This decision has sparked significant backlash from travelers, particularly in France.
The UK Department for Transport has announced a new decision allowing airlines to combine passengers from different flights into fewer planes. This initiative aims to save fuel and reduce harmful emissions as part of the government's sustainability efforts in the aviation sector.
Authorities have resumed the entry of aid trucks and fuel into Gaza after a period of suspension due to security conditions. This decision comes amid a critical need for essential resources in the region.
China is set to export <strong>500,000 tons</strong> of refined fuel in May to regions outside of Hong Kong, marking a significant increase in shipments compared to April. This move reflects China's strategy to enhance its fuel exports amid rising demand in Asian markets.
Iran's First Vice President, Mohammad Reza Aref, revealed that countries that previously denied fuel to Iranian aircraft are now meeting with Tehran to negotiate energy flow guarantees. This meeting comes amid significant political and economic shifts in the region.
Indonesian Energy Minister Bahriel Lahadalia confirmed that the country's fuel and energy reserves remain above national standards, indicating stability despite geopolitical pressures in the Middle East. This statement followed a meeting with President Joko Widodo in Jakarta.
France is currently experiencing a growing debate regarding a potential fuel shortage, raising concerns among citizens and businesses alike. This crisis comes at a sensitive time as the French economy faces multiple challenges.
Indonesian police dismantled a network exploiting fuel and gas, resulting in losses estimated at <strong>243 billion rupiah</strong> (approximately $16.5 million). The operation was carried out by the Economic Crimes Division, which monitored illegal activities across several regions.
Malaysia is facing a critical fuel shortage by June, as revealed by the Minister of Economy, due to the ongoing conflict in the Middle East. The government is implementing measures to improve the situation, including increasing fuel supplies.
Reliance Industries has announced a cap on fuel purchases in its stores, allowing customers to buy only about $11 worth of gasoline or diesel. This decision comes as the Middle East crisis continues to impact fuel supplies despite a temporary ceasefire.
The ongoing war in Iran has led to a significant increase in global oil prices, greatly affecting fuel prices at French service stations. The French government has stated that it is too early to discuss any new aid for affected citizens.
Authorities in Assiut managed to seize 7 tons of diesel intended for sale on the black market as part of efforts to combat smuggling. This operation comes amid a fuel crisis in the country.
A government official announced that Indian refining companies have decided to delay maintenance operations on their units to meet the rising fuel demand in the local market. This decision comes amid a notable increase in fuel consumption in the country.
The Moroccan Ministry of Energy Transition and Sustainable Development announced that the country's diesel stocks are sufficient for <strong>51 days</strong>, and gasoline stocks for <strong>55 days</strong>. This comes as the nation faces increasing pressures due to the Israeli-American war on Iran and rising global energy prices.
Local sources in Indonesia have announced that fuel stocks in Bogor are sufficient to meet market needs for up to <strong>six days</strong>. This announcement comes at a time of increasing demand for fuel in the market.
Starting April 6, the government of Mataram, Indonesia, has implemented a new policy requiring local officials to use bicycles for transportation. This initiative aims to enhance fuel efficiency and reduce public expenses.
South Africa has experienced an unprecedented rise in diesel prices, surpassing record levels even after the government's decision to reduce fuel taxes. This surge raises concerns among citizens and adds economic pressure on households and businesses.
Jordan's Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, confirmed that there is no intention to raise electricity prices at this time. He emphasized the ongoing monitoring of fuel price differences to ensure price stability.
The Libyan National Unity Government announced that fuel supply to the local market is stable and available in sufficient quantities, with no bottlenecks affecting citizens, despite the repercussions of the global crisis.
Egyptian authorities have announced the resumption of aid and fuel truck deliveries to the Gaza Strip following a period of closure. This initiative aims to alleviate the suffering of residents facing shortages of essential supplies.
Germany has witnessed a record surge in diesel prices, with the average cost reaching €2.391 per liter, marking a historic high. This increase follows the implementation of new regulations aimed at controlling fuel prices.
Russia has issued a warning about potential fuel shortages at European stations by the end of April due to the closure of the Strait of Hormuz. The country urged European nations to prepare for the implications of this crisis, especially with the last shipment expected to arrive on April 11.
The Thai Ministry of Justice announced the disappearance of <strong>57 million liters</strong> of fuel during its transfer to six warehouses in <strong>Surat Thani</strong>, prompting comprehensive investigations to combat smuggling and illegal storage.
In a rare national address, Australian Prime Minister <strong>Anthony Albanese</strong> called on citizens to reduce fuel consumption by using public transport, warning of potential tough times ahead.
Residents of the UAE are experiencing wait times of up to one hour at fuel stations as they rush to fill their vehicles. This surge in demand comes amid expectations of rising fuel prices.
The Cuban Foreign Ministry announced the arrival of a fuel shipment from Russia, providing crucial support as the country grapples with severe energy shortages exacerbated by the U.S. embargo.