DPW official charged for stealing fuel from county gas depot for private company
MAYS LANDING, N.J. — A supervisor in the Atlantic County Department of Public Works has been charged with multiple offenses, including official misconduct, in connection with the unauthorized use of county-owned diesel…
Long lines for fuel across Cuba sparking concerns over supply, rationing
By Dave Sherwood HAVANA – Hours-long lines formed at gas stations in Cuba´s capital Havana on Monday after local media reported rationing of fuel in at least one province amid a biting…
Lyft ties up with Payfare to hike fuel cashback in bid to retain drivers
– Lyft Inc’s Lyft Direct cardholders will receive an increase in cashback rewards of 4% to 5% on purchase of gasoline until June 30, the ride-hailing firm said on Monday, its latest…
Marketmind: Oil prices fuel the tightening dilemma further
A look at the day ahead in markets from Julien Ponthus. There’s arguably little central banks can do to tame surging energy and commodity prices other than try to limit second-round effects…
Factbox: Global fuel subsidies ramped up to counter energy price spike
SINGAPORE – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. Here are the measures announced: JAPAN The…
EU to subsidise household fuel prices surging amid Ukraine crisis
By Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy prices as a result of Russia’s invasion…
Lyft joins Uber in charging customers extra for fuel amid high gas prices
– Lyft Inc on Monday joined Uber Inc to levy fuel surcharge on rides from customers in an attempt to cushion the impact on drivers’ pockets from higher fuel costs. “Driver earnings…
Tri-State Uber Eats Deliveries will Include New Fuel Surcharges except in New York City
NEW YORK, NY – Your UberEats deliveries are about to get more expensive as high prices at the gas pump are being passed on to customers of the rideshare service starting this…
Uber to roll out fuel surcharge in United States amid high gas prices
– Uber Technologies Inc said on Friday U.S. customers, excluding New York City, will have to pay a fuel surcharge from March 16 as the ride-hailing firm tries to address concerns of…
Brazil’s Senate approves bills to curb fuel prices
BRASILIA – Brazil’s Senate approved on Thursday two bills aimed at curbing fuel price hikes with subsidies and tax exemptions, a positive move potentially for state-run oil company Petrobras, but one that…
IMF chief says Africa vulnerable to higher food, fuel prices due to Ukraine war
WASHINGTON – Africa’s economic outlook is particularly vulnerable to higher food and fuel prices prompted by Russia’s invasion of Ukraine, as well as to reduced tourism revenues and diminished access to financial…
Refining margins, fuel costs surge on fallout from Russian invasion
By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could surge further after the United States, the…
Jet fuel price surge deals heavy blow to fragile air travel recovery
By Koustav Samanta SINGAPORE – Global jet fuel prices have surged to near 14-year highs in line with crude oil’s surge on supply shortfall worries, slamming air carriers and travellers with steep…
Pentagon to close fuel storage facility in Hawaii after water contamination
WASHINGTON – U.S. Defense Secretary Lloyd Austin has orderd the defueling and closure of the Red Hill fuel storage facility in Hawaii after a leak that contaminated water, the Pentagon announced on…
‘Hate To Say It’: Elon Musk Says US Needs To Boost Fossil Fuel Production ‘Immediately’
‘Hate To Say It’: Elon Musk Says US Needs To Boost Fossil Fuel Production ‘Immediately’ Thomas Catenacci on March 5, 2022 Tesla CEO Elon Musk said the U.S. must “immediately” increase its…
Brazil Senate president indicates voting on proposals to lower fuel prices as oil climbs
BRASILIA – Brazilian Senate president Rodrigo Pacheco said on Wednesday that bills to curb rising fuel prices would be on the table next week amid renewed pressure on prices after Russia’s invasion…
Ukraine Crisis Proves The Need For Domestic Fossil Fuel Production, Industry Groups Say
Major U.S. oil and gas industry groups urged the Biden administration Thursday to boost domestic energy production amid the ongoing Russian invasion of Ukraine. “The United States has shown its global energy…
Ukrainian Defense Minister says Russians taking heavy losses, resorting to looting businesses for fuel, supplies
Kyiv, Ukraine – Deputy Minister of Defence of Ukraine, Hanna Maliar said on Saturday that Russia’s invasion isn’t going as well as Vladimir Putin had planned. Maliar said Russian forces are running…
Venture Global to ship first fuel from new Louisiana LNG plant
By Marcy de Luna HOUSTON – A liquefied natural gas tanker that has been docked at Venture Global’s Calcasieu Pass export terminal in Louisiana since early February is nearly loaded, according to…
Texas company convicted for supplying potentially tainted rocket fuel to NASA
HOUSTON – Anahuac Transport Inc. has pleaded guilty to fraud, announced U.S. Attorney Jennifer B. Lowery. Corporate representatives Gary Monteau and Brant Charpiot admitted their guilt today on behalf of the company.…
Student Causes Dorm Explosion With Homemade Rocket Fuel Experiment
A Brigham Young University student caused an explosion inside a dormitory kitchen Sunday, according to the school’s police department. The dorm resident had been experimenting with homemade rocket fuel on the stove…
Dozens Of Republican Senators Urge Biden To Counter Russia By Boosting Domestic Fossil Fuel Production
More than two dozen Republican senators wrote Thursday to President Joe Biden, calling for him to boost domestic natural gas (LNG) production and exports amid increasing Russia-Ukraine tensions. The lawmakers argued that…
Pine Ridge Man Sentenced for Stealing Fuel Truck
United States Attorney Dennis R. Holmes announced that a Pine Ridge, South Dakota, man convicted of Interstate Transportation of a Stolen Vehicle was sentenced on February 11, 2022, by U.S. District Judge…
New York To Divest Pensions From Fossil Fuel Companies
The State of New York announced that its retirement fund would divest $238 million from companies that are “not prepared for net zero transition.” The state will divest from 21 oil and…
U.S., Chinese beauty appetite fuel L’Oreal forecast-beating Q4 sales
PARIS -Holiday spending in the U.S. and China helped L’Oreal beat growth expectations over the crucial end-of-year period as consumers splurged on beauty products. Fuelled by North America – the fastest-growing region…
Fossil Fuel Groups Slam Biden Fed Nominee For Her ‘Vendetta’ Against US Energy Companies
Several fossil fuel industry groups have lined up in opposition to a top Federal Reserve nominee, saying her preferred climate policies would be antithetical to the central bank’s mission. The organizations have…
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