Bangladesh utilities seek $1bn for fuel to avert blackouts
Private power producers in Bangladesh have sought $1 billion of foreign currency from the country’s central bank to import heavy fuel oil to avert a looming energy crisis this summer.
fuel
Crippling energy crisis set to worsen for debt-ridden South Asia
An unprecedented energy crisis that’s gripping some of the most densely-populated and impoverished parts of South Asia may soon worsen as more fuel suppliers avoid selling oil to these nations.
Pakistan faces deeper power crisis as LNG becomes too expensive
Pakistan is facing an escalation of its power crisis after it failed to agree a deal for natural gas supply next month.
UK takes emergency steps as petrol stations run dry
The UK government took emergency measures late Sunday to try to ease acute fuel shortages across the country, as petrol retailers shut pumps after days of panic buying.
Fuel retailers accused of overcharging drivers during lockdown
Fuel retailers overcharged motorists when the coronavirus lockdown was introduced by failing to fully pass on savings, according to analysis.
Inflation slows down on falling petrol prices
UK inflation slowed last month on the back of falling motor fuel and computer game prices, official statisticians have revealed.
UK supermarkets cut fuel prices as oil continues to plunge
Supermarkets Asda and Morrisons have reduced their fuel prices by 12p per litre for petrol and 8p per litre for diesel.
Big returns for energy investors leaves customers with £800m bill, spending watchdog claims
Customers have been paying too much for their electricity for seven years as regulator Ofgem set the bar too low for networks, the spending watchdog has said.
BA begins offsetting carbon from domestic flights
The boss of British Airways has declared "our future has to be sustainable" as the airline begins offsetting carbon emissions from domestic flights.
Lufthansa offers climate friendly fuel – at a price
German airline Lufthansa is launching a website that allows customers to buy climate-friendly plane fuel to compensate for the emissions caused by their flight.
New labels to ‘educate’ public on biofuels
Filling stations across the UK are to start using new labels to help educate drivers about the environmental benefits of biofuels.
Inflation to come down thanks to low petrol prices
Inflation is expected to have fallen in November due to a drop in prices on motor fuel.
Motorists lost out as fuel retailers refuse to pass on savings
Drivers lost out as fuel retailers refused to cut petrol prices last month despite a drop in wholesale costs, a motoring firm has claimed.
May to pump up families’ wallets with fuel duty freeze
Families' wallets will be pumped up by the Prime Minister as she continues the fuel duty freeze.
UK retailers to see fuel ‘price war’, AA warns
Fuel retailers may be set to engage in a price war, the AA has said.
Fuel price could hit five-and-a-half year high
Fuel prices could reach a five-and-a-half year high as there is "no end in sight" to the rising cost of filling up, a motoring firm has claimed.
China fuel surplus brings huge tankers to Europe
Brand-new supertankers are ferrying a rare flow of diesel from Asia to ports thousands of miles away in Europe as a surplus of the fuel from China scouts for a new home.
Fuel firms aren’t passing on £145m savings to drivers, campaigners say
Savings worth an estimated £145 million were denied to drivers in the past month because fuel retailers failed to pass on cuts in wholesale prices, a campaign group has claimed.
North Sea will soon see pollution detecting turbines
Offshore wind turbines able to detect pollution from passing ships will soon be a feature of the North Sea, according to Belgian officials.
Three major UK supermarkets cut fuel prices
Three supermarkets have announced fuel price cuts for the second time in a fortnight amid a fall in wholesale costs.
High fuel prices to hit European holidaymakers
Holidaymakers embarking on a European road trip are being hit with rising fuel prices, new research shows.
Fossil fuel investment a ‘carbon bubble’ which could soon burst, study says
Continued investment in fossil fuels, despite a shift to clean technology which is already under way, could wipe trillions from the global economy, research warns.
Motorists hit by ‘hellish’ petrol price rises in May
The price of petrol at the pump rocketed by a "hellish" 6p a litre in May - the worst monthly rise for 18 years, the RAC has said.
‘Fuel duty freeze has boosted emissions’
The seven-year freeze on fuel duty has caused a major increase in harmful emissions by encouraging people to abandon public transport, according to new research.
Record fuel prices predicted if oil hits $100
The cost of filling up a family car will rise by £8 if predicted oil price rises materialise, a motoring firm has warned.