Paris CNN — Some 28.5% – nearly one third – of gas stations in mainland France are out of stock of at least one fuel, French Energy Transition Minister Agnes Pannier-Runacher told journalists Friday. In the Parisian Ile de France region, this figure is at 25.5% Friday, down from 31.7% …
Read More »LCCI, NACCIMA Slam FG Over Fuel Subsidy, Key Budget Provisions
The Deputy President of the Lagos Chamber of Commerce and Industry (LCCI) Gabriel Idahosa, has criticised the Federal Government’s decision to retain fuel subsidy in the 2023 budget. This is against the backdrop that lawmakers on Friday approved N1.7 trillion for payment of subsidy on Premium Motor Spirit (PMS) popularly …
Read More »Peter Obi describes fuel subsidy as organised crime
Obi says no one can steal oil in Nigeria except the government. Peter Obi, the candidate of the Labour Party has again called out the Federal Government over fuel subsidy.
Read More »Mexico’s Electric Mobility, Stuck in Fossil Fuel Traffic
The Mexico City government is increasing the number of electric buses in its fleet, such as the trolleybuses pictured here on a street in the south of the capital. But their energy source is still fossil fuels and the deployment of electric cars remains slow in the country. CREDIT: Emilio …
Read More »China’s oil giants post record profits on surging fuel prices
PetroChina Co, Sinopec and Cnooc Ltd report historic takings in the January-to-June period. Covid lockdowns, a property market crisis and a struggling domestic economy weren’t enough to slow down China’s oil giants as they posted record first half profits. PetroChina Co., Sinopec and Cnooc Ltd. each said they made historic …
Read More »Myths Fuel Xenophobic Sentiment in South Africa
Damage caused by arsonists during a xenophobic attack in Johannesburg. Credit: Lwazi Khumalo/IPS by Fawzia Moodley (johannesburg) Thursday, July 07, 2022 Inter Press Service Johannesburg, Jul 07 (IPS) – Around the world, from Syria to Libya, from Bangladesh to Ukraine, millions have become refugees in foreign lands due to war, famine, …
Read More »John McDonnell calls for strict price controls on fuel and food basics
The government should impose strict price controls on fuel and basic food items to help families struggling with soaring living costs, the former Labour shadow chancellor John McDonnell has said. Calling for a radical response to the worst cost of living crisis in a generation, McDonnell said the government needed …
Read More »Sri Lanka hikes fuel prices as it faces economic collapse
The move comes a day after the energy minister said there would be an indefinite delay in getting new shipments of oil. Sri Lanka has raised its fuel prices, causing further pain for people as officials from the United States arrived for talks in an effort to support the island …
Read More »Ten Policies That Could Unleash American Energy And Fuel Recovery
By Mike Sommers for RealClearEnergy Fresh off the 1973 oil embargo, America needed to change its bleak energy picture. Our nation was increasingly dependent on foreign oil – and stark realities hit like a hammer when OPEC blocked oil exports to the U.S. and other countries. We were in an …
Read More »Commuters stranded as fuel scarcity hits Lagos
People who were heading out at major bus-stops around Berger, and Ogba areas of the state, resorted to trekking as commercial buses were unavailable to take them to their destinations. “I don’t know why they are making life hard for us in this country. Any small thing, the drivers have …
Read More »