A lot of energy-transition arguments begin with today’s fossil fuel demand. Coal, oil, and gas still dominate global primary energy, so it is tempting to draw a straight line from the current fuel system to a future molecule system. Replace natural gas with hydrogen. Replace bunker fuel with ammonia or ... [continued]
The post Molecules Do Not Disappear. Their Market Shrinks. appeared first on…
We show where you can already buy fuel below the capped price.
#fuel #magyargovernment
Continue reading: https://dailynewshungary.com/government-phases-out-fuel-price-cap/
Prime Minister Péter Magyar said market prices for petrol and diesel could fall under price caps in force for motorists with Hungarian number plates in a post on Facebook. Meanwhile, Hungarian oil and gas company MOL said it signed a shareholders’ agreement with the government of Serbia on the future governance of Serbian peer NIS. […] Continue reading:…
The governor of the Russian-occupied Crimean city of Sevastopol, Mikhail Razvozhayev, said plans to distribute fuel to private individuals were being postponed because Ukraine’s strikes have prevented new shipments, Reuters reports. Razvozhayev’s statement that fuel would not be available with prepaid vouchers now coincided with Ukrainian President Volodymyr Zelensky’s statement that Kyiv’s…
Fuel prices in Laos have declined steadily over the past two months, bringing some relief to motorists as inflation and transport costs ease. But for many households, fuel remains a major expense, and some consumers are beginning to consider electric vehicles as a long-term way to reduce transport costs. As of 11 June, premium and […]
Ukraine’s intensive drone strikes on Russian-occupied regions have disrupted Moscow’s supply chains and deepened the fuel crisis, writes the BBC. Logistical problems and fuel shortages are particularly felt in Crimea, which Russia annexed in 2014. Many problems have been caused by recent Ukrainian attacks on the main highway and bridge connecting the peninsula with the […]
The post Ukraine…
More relief at the pumps: wholesale fuel prices fall again from 30 May, with petrol and diesel expected to get cheaper.
Continue reading: https://dailynewshungary.com/fuel-prices-hungary-petrol-diesel-drop-30-may/
Pakistan is expecting a third liquefied natural gas cargo from Qatar within days under a long-term supply agreement, officials said Tuesday.
The LNG carrier Fuwairit crossed the Strait of Hormuz and is bound for Port Qasim, bringing contracted Qatari LNG to help stabilize the country's energy supply amid volatile global fuel prices
Economists sent an open letter to Economy and Hungary's new Energy Minister István Kapitány regarding the worrying situation of the fuel price caps.
Continue reading: https://dailynewshungary.com/hungary-fuel-price-caps-experts-worried/
The Cuban capital is experiencing its worst power outages in decades due to the US blockade, and the country’s Energy Minister Vincente de la O has reported that it has completely run out of fuel, Reuters reports. The minister told state media that the country has run out of oil and diesel and the power […]
The post Cuba runs out of fuel due to US blockade appeared first on Baltic News Network.
Independent petrol stations warned that "serious motor fuel supply problems" could arise in the coming 2-3 weeks, or sooner, if they must continue to sell their diesel at cost, the head of the Association of Independent Petrol Stations (FBSZ) told MTI on Tuesday. MOL talks about no looming diesel shortage. Many fuel stations may close […] Continue reading:…
The European Commission has made a point in new guidelines for the bloc’s transport and tourism sectors that airlines must not raise prices after ticket sales or refuse to pay compensation for cancelled flights due to rising fuel costs. The new rules were adopted in response to disruptions to fuel supply chains and the closure […]
The post EU: Airlines can’t raise prices after ticket sales or…
Planning a Croatian holiday this summer? Croatia Airlines is cancelling 900 flights: here's what it means for those travelling from Hungary.
Continue reading: https://dailynewshungary.com/croatia-airlines-flights-cancelled-travellers/
Will Orbán's election defeat halt MOL's NIS-acquisition?
#mol #energy #nis #serbia #russia #fuelprice
Continue reading: https://dailynewshungary.com/magyar-government-fuel-price-mol-nis/
ISLAMABAD: PTI accused the government on Monday of driving Pakistan into an “unprecedented economic and governance crisis” that has “crushed the common man”.
In a statement, PTI’s Information Secretary Sheikh Waqas Akram stated that the “stability” claimed by the government was nothing but a “cruel joke on 250 million Pakistanis”.
Akram said that after four years of no reforms, inflation had…
Fuel is one of those things that's easy to overlook until it isn't. It doesn't show up on a menu or a wage bill,...
All over the world, nations are grappling with the ripple effects of the war in Iran and the blockade of the Strait of Hormuz, a critical artery for the global oil market. In the United States, however, President Donald Trump has emphasized that the country imports little oil through the strait, arguing that it “doesn’t […]
Airlines cut flights and fuel prices surge as the EU falls back on subsidies and long-term plans without reversing course on its misguided energy policies.
Looming kerosene crisis: will Budapest Airport function this season or should we be concerned for our summer flights?
#budapestairport #kerosene #jetfuel #fuel #travel #tourism
Continue reading: https://dailynewshungary.com/looming-kerosene-crisis-budapest-airport/
Fuel supply warning in Hungary: could disruptions be on the way? ⛽
Continue reading: https://dailynewshungary.com/fuel-supply-petrol-station-closures/
Hungary’s price caps are here to stay, for now. But the real decisions are about to land on the next government’s desk.
Continue reading: https://dailynewshungary.com/orban-govt-price-caps-incoming-tisza-govt/
Fuel prices remain one of the biggest questions facing Hungary’s government transition. Péter Magyar has now weighed in after key talks:
Continue reading: https://dailynewshungary.com/peter-magyar-protected-fuel-prices/
A massive fire broke out at one of Australia’s two oil refineries in the early hours of Thursday, sending emergency crews to Viva Energy’s Corio facility in Geelong, southwest of Melbourne, just before midnight Wednesday. As detailed by BBC News and SBS, reports of explosions and towering flames prompted multiple emergency calls overnight. All 50 to 100 workers on site were evacuated safely, with…
The sale of Matahio Energy’s New Zealand assets to Sunda Energy might sound irrelevant for hospitality businesses, but its impact will be felt by...
Fuel prices are expected to increase insolvencies within the hospitality industry, according to economists in Australia. Ivan Colhoun, Chief Economist at CreditorWatch, said the...
MANILA — The Philippines’ annual inflation rate accelerated more than expected in March, breaching the central bank’s 2% to 4% target range, driven largely by a sharp increase in fuel prices amid escalating tensions in the Middle East. READ: Philippine annual inflation quickens to 4.1% in March Headline inflation rose to 4.1% in March from a year earlier, […]
The post Fuel price surge pushes…
Poland's prime minister proclaimed that his country now has the lowest fuel prices in the EU.
In a letter to Budapest, the Commission argued that Hungary’s measures on fuel prices may violate EU law by restricting the free movement of goods and services.
Fuel retailers in Latvia may be subject to a solidarity levy if their actual retail prices exceed an objectively calculated benchmark price by more than 3%, according to a draft law submitted by the Ministry of Economics (EM). Under the proposed legislation, if a retailer’s fuel price exceeds the benchmark retail price by more than […]
The post Latvia ready to intervene in the fuel market – how…
How long will fuel last in Hungary? Prices continue to rise, profit margins are squeezed, high taxes are still in place: independent petrol stations are struggling.
Continue reading: https://dailynewshungary.com/how-long-will-fuel-last-in-hungary/