September 25, 2015 Source: U.S. Energy Information Administration, Inventories of distillate fuel oil in the U.S. East Coast are higher now than they have been in the previous three years, reaching 59 million barrels on September 18. Most of the recent increase is in the Central Atlantic region, but inventories are also higher in New […]
Tag Archives: Fuel
By Richard Mungai KEROSENE users have every reason to smile for the next thirty days even as motorists who use Super petrol dig deeper into their pockets to be on the move. The Energy Regulatory Commission on Friday cut kerosene prices by Sh4.76 but pushed up Super petrol prices by Sh4.06 factor in an increase […]
analysis By Max Bankole Jarrett Despite the climate challenge, we see that billions of dollars are still spent subsidising fuel consumption within Africa and providing exploration subsidies to international fossil fuel companies. In a “previous life”, I spent over a decade in international broadcasting interviewing politicians daily. One thing never ceased to amaze me during […]
analysis By Max Bankole Jarrett Despite the climate challenge, we see that billions of dollars are still spent subsidising fuel consumption within Africa and providing exploration subsidies to international fossil fuel companies. In a “previous life”, I spent over a decade in international broadcasting interviewing politicians daily. One thing never ceased to amaze me during […]
Although an anticipated fuel and diesel price decrease will greatly help deeply indebted consumers, the relief might be only temporary, cautioned Debt Rescue CEO Neil Roets on Friday. The fuel price is expected to go down by 49 cents a litre and the price of diesel by 70c/litre in August. Earlier this week, the Automobile […]
Parliament has paid out close to Shs 40bn to legislators as accrued fuel allowances. Each MP has reportedly received Shs 100m as arrears accrued in fuel allowances since the 9th parliament commenced translating to Shs 37.5bn for the 375 MPs. In its justification for the payments, the Parliamentary Commission says that due to the rising […]
July 2, 2015 Source: U.S. Energy Information Administration, While the energy history of the United States is one of significant change, three fossil fuel sources—petroleum, natural gas, and coal—have made up at least 80% of total U.S. energy consumption for more than 100 years. Recent increases in the domestic production of petroleum liquids and natural […]
By Omololu Ogunmade and Onyebuchi Ezigbo Abuja — Worried about the endless queues at filling stations and the increasing difficulty in getting fuel across the country, the Senate Tursday expressed concerns over the protracted fuel scarcity rocking the country and consequently asked its committees on Petroleum Resources (Upstream and Downstream) to immediately launch an investigation […]
VILLAGERS who lost their land to pave way for the establishment of Green Fuel in Chisumbanje, have resolved to take the ethanol processing plant to court demanding compensation for their land. Through Platform for Youth Development Trust (PYD) and the Zimbabwe Lawyers for Human Rights, villagers have resolved to drag the company to court saying […]
March 13, 2015 Source: EIA, Note: LIHEAP is the Low Income Home Energy Assistance Program. EIA has updated a , covering the 2013 fiscal year (FY). The most recent prior report reviewed subsidies in FY 2010, at or near the height of spending related to the American Recovery and Reinvestment Act of 2009 (more commonly […]
Cairo — Egypt’s ministry of petroleum pumped on Wednesday 43 thousand tonnes of diesel oil nationwide, Petroleum Minister Sherif Ismail said on Thursday, to overcome a fuel crisis which has persisted this week. Ismail said in a statement that the amount of diesel oil pumped is 110 percent more than the planned amount, describing it […]
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Photo: Daily Trust Petrol Station in Nigeria By Clara Nwachukwu And Michael Eboh Abuja — As fuel scarcity bites harder nationwide, fresh facts emerged, yesterday, indicating that a combination of policies from Nigeria’s Central Bank and the high level of indebtedness of product marketers to some banks led to the low supply of Premium Motor […]
AFTER the long-awaited reduction of petroleum prices by the Energy Regulation Board (ERB) last month, market players have begun to react by reducing the cost of essential goods and services. This week, I will focus on the latest reduction in the wholesale price of mealie-meal, a topic which has always been an issue of national […]
February 24, 2015 Source: U.S. Energy Information Administration, Note: Distillate fuel volumes with sulfur content below 15 parts per million produced before 2004 are included in the ‘between 15 and 500 ppm’ category. Distillate fuel supply for 2014 includes estimated volumes for December 2014 from the Short-Term Energy Outlook, February 2015. Republished February 24, 2015, […]
By Solister Mogha Minister of Information Tourism and Culture, Kondwani Nankhumwa Tuesday said expensive jet fuel and lack of airline connectivity both within and across the country is affecting growth of the tourism sector of the country. Nankhumwa said this in Lilongwe during an inter-ministerial networking dinner organized to find solutions to the challenges facing […]
