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A service for energy industry professionals · Friday, August 1, 2025 · 836,083,983 Articles · 3+ Million Readers
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  • Published on 00:02 GMT

    Y Media Foreign Policy Report: Pakistan’s meagre oil reserves don’t match Trump’s ‘massive’ claim

    Even as US President Donald Trump said in a social media post that the US has signed a deal to develop and explore “massive oil reserves” in Pakistan, the ground reality is that the neighbouring nation has very limited oil and gas reserves and meets 85 per …

    Source: South Asian Daily - Neutral
  • Published on 01:10 GMT

    Product Tanker Causes Protest in Australia as it Likely has Russian Oil

    The issue of intermediaries in the oil supply chain surfaced in Australia this week as a tanker arrived from India, likely with Russian oil. It is leading to calls to close loopholes in the sanctions, which so far have focused on direct Russia trade but …

    Source: The Maritime Executive - Pending
  • Published on 01:57 GMT

    Average price of liquid fuel rises in July

    Average price of light fuel oil increased in July 2025 compared to the prior month, according to Statistics Finland. The average price with taxes for diesel was EUR 1.7 and for petrol 95, EUR 1.7 per litre. The equivalent average price for petrol 98 was …

    Source: Daily Finland - Indeterminate
  • Published on Jul 31, 2025

    Refined, not flashy: The best used luxury cars with understated appeal

    The term “conspicuous consumption” has been around for decades, but it gained particular traction in the late 1980s and early 1990s—an era when greed was good, the stock market was booming, and yuppies were snapping up BMWs and Porsches in droves. While …

    Source: South Africa Today - Right-wing
  • Published on 00:06 GMT

    Naphtha backwardation widens, gasoline crack up

    Asia’s naphtha market price structure widened in backwardation to $3.50 per ton on Thursday and the price for first-half September cargo rose for a second consecutive session. The crack for naphtha was little changed at about $64 per metric ton over Brent …

    Source: Hellenic Shipping News - Neutral
  • Published on 02:31 GMT

    Fuel prices could rise by up to P1.70 per liter on Aug. 5

    A fresh wave of pump price hikes is expected on Tuesday, Aug.5 . INQUIRER FILE PHOTO MANILA, Philippines — A new round of hikes in fuel prices is expected to greet motorists next week. In an advisory on Friday, Jetti Petroleum president Leo Bellas said …

    Source: Inquirer - Neutral
  • Published on 02:10 GMT

    Petrol prices reduced, diesel and kerosene hiked

    KATHMANDU: Nepal Oil Corporation has adjusted the prices of petroleum products. According to the Corporation, the price of petrol has been reduced by Rs 1 per liter, while the prices of diesel and kerosene have increased. Diesel and kerosene prices have …

    Source: Nepal News - Neutral
  • Published on 04:55 GMT

    Govt slashes petrol price by Rs7.54/litre

    ISLAMABAD  -  The federal government has slashed the rates of petrol by Rs 7.54 per litre, while, the price of high-speed diesel has been jacked up by Rs 1.48 per litre, for the first fortnight of August 2025. Following a review of the prevailing …

    Source: The Nation - Pro-Government
  • Published on 05:20 GMT

    ActionAid Nigeria Calls for Suspension of 5% Fossil Fuel Surcharge Over Risks to the Poor

    Michael Olugbode in Abuja ActionAid Nigeria (AAN) has expressed grave concern over the federal government’s planned implementation of a 5% surcharge on fossil fuel transactions, as outlined in Section 158 of the recently gazetted Nigeria Tax Act. A …

    Source: This Day - Pro-Government
  • Published on 05:44 GMT

    Jammu Kashmir, Ladakh to Get 677 New Petrol Pumps

        SRINAGAR: Jammu and Kashmir, along with Ladakh, will see the addition of 677 new petrol pumps as part of a large-scale expansion by Public Sector Oil Marketing Companies (PSU OMCs), according to a written reply tabled in the Lok Sabha on Thursday. …

    Source: Kashmir Life - Pending
  • Published on Jul 31, 2025

    Why your fuel bill will rise again in 2025

    A pump attendant fueling a car at a petrol station along Koinange Street. [Wilberforce Okwiri,Standard] Kenyans should prepare for high fuel prices next year as the Energy and Petroleum Regulatory Authority (EPRA) implements the last phase of the Cost of …

    Source: The Standard - Indeterminate
  • Published on Jul 31, 2025

    Average fuel prices rise to N1,037 in June 2025 – NBS 

      BY EMMANUEL OLUKOTUN  The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, rose to N1,037.66 in June 2025, marking a 38.32% year-on-year increase from N750.17 recorded in June 2024. On a month-on-month basis,  price of the …

    Source: New National Star - Indeterminate
  • Published on Jul 31, 2025

    Petrol price cut by Rs7.54 per litre, diesel by Rs1.48

    The federal government on Thursday night slashed the price of petrol by Rs7.54 per litre while raising that of high-speed diesel (HSD) by Rs1.48 per litre for the next fortnight. In a press release, the Finance Division stated that the price of petrol was …

    Source: Daily Times - Center-left
  • Published on 00:36 GMT

    Petrol price to go up; diesel and LGP to fall from August 1, 2025

    The price of petrol is expected to go up marginally from August 1, 2025. However, the prices of diesel and Liquefied Petroleum Gas (LPG) are expected to decline. This is based on the outlook report that guides the pricing of the Oil Marketing Companies ( …

    Source: Joy FM - Indeterminate
  • Published on 02:12 GMT

    Oil prices steady amid Trump tariff threats

    Oil prices were little changed on Thursday as investors weighed supply risks from US President Donald Trump's push for a swift resolution to the war in Ukraine through more tariffs, while a surprise build in US crude stocks weighed on prices. Brent …

    Source: Oman Observer - Gov't Propaganda
  • Published on Jul 31, 2025

    ActionAid slams FG over 5% surcharge on fossil fuel

    ActionAid Nigeria has condemned the federal government’s plan to implement a five per cent surcharge on fossil fuel, warning that the policy will further widen the inequality gap in the country. While acknowledging the need for innovative revenue …

    Source: The Guardian (Nigeria) - Neutral
  • Published on Jul 31, 2025

    Fuel prices to remain unchanged in August

    The government has decided to keep fuel prices unchanged at the consumer level in August, based on the revised pricing formula and guidelines. According to a statement issued by the Ministry of Power, Energy and Mineral Resources on Thursday, the prices …

    Source: United News of Bangladesh - Indeterminate
  • Published on 04:52 GMT

    LNG exporter’s pursuit of alternative fuel excise tax credits raises questions

    Cheniere Energy, the top U.S. exporter of liquefied natural gas, is seeking an estimated more than $140 million in federal tax credits for fueling its LNG tankers with the very gas they’re built to carry—raising eyebrows among tax and environmental experts …

    Source: Greater Baton Rouge Business Report - Louisiana - Pending
  • Published on Jul 31, 2025

    'No Helmet, No Fuel' For Two-Wheeler Riders In Bhopal, Indore From August 1

    Last Updated:July 31, 2025, 21:08 IST Starting August 1, two-wheeler riders without helmets will be denied petrol in Bhopal and Indore. The Madhya Pradesh High Court recently expressed its displeasure over the blatant violation of traffic rules on the …

    Source: News18 - Center-right

03 days 21:10:16

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