Russian Deputy Prime Minister Alexander Novak (pictured) ruled out the implementation of a complete prohibition on the export of diesel fuel from Russia, stating that the country produces sufficient quantities, Ria reported on Friday.
"No, we produce diesel in sufficient volume, twice as much as is...
Brazilian state oil giant Petroleo Brasileiro S.A. will trim the price of diesel oil for distributors by roughly 8% starting from December 27, local media reported on Tuesday.
A liter of fuel will be lower by 0.30 Brazilian real to 3.48 reais (~$0.72), marking this the second reduction in fuel prices this...
Lukoil North America LLC Chairman Vadim Vorobyov on Friday expressed optimism about the decision by the Russian government to approve systematic measures aimed at stabilizing the domestic fuel market, which includes partially lifting restrictions on fuel exports from the country.
"The...
Prices of petrol and diesel in the United Kingdom have reached their new respective historic highs, British media reported on Tuesday. A liter of petrol now costs 178.5 pence, while the price of one liter of diesel surged to 185.2p.
"The wholesale price of diesel is fast approaching 160p a [liter] which,...
The Biden administration is considering tapping the Northeast Home Heating Oil Reserve, which despite its name, contains an emergency stockpile of diesel, sources with knowledge of the matter told CNN on Monday.
According to the report, the White House is very concerned about the supply crisis,...
The prices of gasoline and diesel in the United Kingdom have reached their all-time high, the British roadside assistance and insurance company RAC Limited stated on Wednesday.
RAC spokesperson Simon Williams said that Chancellor of the Exchequer Rishi Sunak's decision to cut duty on those...
United States Oil and Gas Association President Tim Stewart explained on Saturday the country is facing the 'most challenging energy crisis' in 50 years under the Biden administration as "diesel and gasoline prices are at all-time highs and inventories at all-time lows."
In an interview with Fox News,...
China will see a rise in the retail prices of gasoline and diesel starting January 1, 2022, the country's National Development and Reform Commission (NDRC) announced on Friday.
The fees will increase by 140 yan or $21.96 per tonne for gasoline and 135 yuan or $21.27 per tonne for diesel.
The...
German automotive company Daimler AG said on Tuesday it plans to partner with the Rolls-Royce technology group in order to offer an emission-free alternative as hydrogen to diesel engines for safety-critical facilities. Rolls-Royce plans to sell the green emergency power generators based on the...
Diesel S.p.A.'s subsidiary in the United States, Diesel USA Inc., filed for Chapter 11 bankruptcy protection on Tuesday.
According to a court filling in a Bankruptcy Court in Delaware, the company does not intend to close down, but will instead shutter several of its 28 stores in order to focus on more...
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