Diesel
Dutch firms get up to $49 B annually in fossil fuel subsidies
Industrial companies in the Netherlands get $42-49 B in tax breaks and subsidies annually for using fossil fuels, the Dutch government said in a report aimed at spurring international debate on such subsidies.
Britain delays ban on new petrol and diesel cars to 2035
Britain will push back a ban on new petrol and diesel cars and vans to 2035 from 2030, Prime Minister Rishi Sunak said, adding that the cars would still be available to buy on the secondhand market thereafter
China's fuel oil imports ease for second straight month in August
China's fuel oil imports retreated for a second consecutive month in August, data from the General Administration of Customs showed.
Volvo to end diesel car production by early 2024
Volvo Cars said that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker.
France to let fuel retailers sell below cost in inflation fight
The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to stem inflationary pressures on households.
Pakistan raises petrol, diesel prices by record amount
Pakistan announced a record rise in petrol and diesel prices, the second big increase in two weeks for the South Asian nation that is already struggling with high inflation.
Russia considers temporary fuel export ban due to domestic crunch
The Russian government is considering a complete ban on the export of oil products for a certain period of time in order to stabilize domestic fuel prices.
China's diesel exports surge in August, have nearly tripled so far in 2023
China's diesel exports in August surged from a year earlier and have nearly tripled so far in 2023 compared to the same time a year ago, data showed, as refiners take advantage of strong regional refining margins to ship fuel overseas.
Iran's Revolutionary Guards seize two ships smuggling 1.5 MM liters of fuel
Naval forces of Iran's Revolutionary Guards have in recent days seized two Panama-flagged ships smuggling a total of 1.5 million liters of fuel.
Biden vows to cut U.S. gasoline prices
President Joe Biden vowed to get U.S. gasoline prices down, one day after a report showed consumer inflation surged by the most in 14 months due to higher energy costs.
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- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
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- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
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