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Gasoline

Nigeria's NNPC now sole petrol importer

Nigeria's national oil firm NNPC Ltd has again become the sole importer of petrol because licensed local private firms are unable to obtain foreign currency four months after imports were opened up to private players.

India's September fuel demand slips 2% month-on-month

India's fuel consumption dropped 2% month-on-month in September, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.

OPEC leaders make case for fossil fuels at Riyadh climate event

OPEC heavyweights said oil and gas should not be stigmatized in the climate debate and that the industry had a role to play in an orderly energy transition.

Russia keeps ban on gasoline exports and cross-border sales of diesel by railway

Russia's ban on gasoline exports and cross-border sales of diesel by railway remains in place.

Putin orders regulated prices for fuel oil, Russia's export ban stays

Russian President Vladimir Putin has ordered the government to provide state funds to ensure a smooth heating season, including the introduction of regulated prices for fuel oil supplied for household heating in some regions.

Russia declines to say how long fuel export ban will last

Russia is setting no time frame for the fuel export ban it introduced last month, and it will remain in place as long as necessary to stabilize prices and address shortages on the domestic market.

Spain, IEA back Dutch call to phase out fossil fuel subsidies

Spain's energy minister and the head of the International Energy Agency backed the Netherlands' call for an international coalition to phase out fossil subsidies.

India increases windfall tax on petroleum crude, reduces tax on aviation turbine fuel and diesel

The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to a government notification.

ADNOC top exec says oil and gas could remain relevant until 2050

Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.

Russia's September seaborne diesel exports fall on maintenance, export ban

Seaborne diesel and gasoil exports from Russian ports fell 27% in September from a month earlier to about 2.76 million tons due to a major overhaul of refineries and a fuel export ban.