French Energy Concessions Advise Reducing Energy and Fuel Use
The heads of three French energy providers urged the public to immediately cut back on their use of gasoline, oil, electricity, and gas due to shortages and rising prices brought …
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EU, Egypt and Israel Sign Agreement To Boost Gas Supply To Europe
The European Union, Egypt and Israel on Wednesday signed an agreement to increase liquefied natural gas supply to EU countries. Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla, EU …
European Parliament Votes to End Gasoline Car Sales by 2035
Members of the European Parliament (MEPs) voted on June 8 to ban the sale of new gasoline care sales by 2035 as part of efforts to clean up road transport. …
US Oil Drops Below $100
American Oil fell for a second session as rising US inflation stoked fears that it would compel policy changes that could push the US into recession. For the first time …
Saudi Arabia Warns World Running Out Of Energy Capacity
Saudi Arabia on Tuesday warned that the world is running out of energy capacity as prices of products from crude to diesel and natural gas trade are now multi-year high. …
Peru Implements Fuel Tax Suspensions
The Finance Ministry of Peru announced it would exclude some types of gasoline and diesel from the selective consumption tax on Sunday to fight surging prices caused by the Russia-Ukraine …
Kazakhstan Declares State of Emergency After Fuel Protests
Kazakh President Kassym-Jomart Tokayev declared a two-week state of emergency in large parts of Kazakhstan after protests over a fuel price hike turned violent. Tokayev on Jan. 4 imposed a …
Several East Coast Gas Stations Still Dry Despite Colonial Pipeline Restart
Gas stations from Florida to Maryland are still without gas despite the reopening of the Colonial Pipeline, driving some fears from consumers that the gas shortage could go on longer …
Argentinian Oil Producer YPF Increases Fuel Prices 7%
Argentina’s largest producer of oil and gas YFP has bumped diesel and gasoline prices by 7 percent in hopes to finance a $2.7 billion US investment to boost crude production. …