The war in Ukraine is strengthening the role of Asia and the Middle East as the world’s main providers of fuels like diesel and gasoline that are crucial to the global economy.
President Joe Biden announced the drawdown of an additional 15 million barrels of oil from US emergency reserves, as well as what he called a “ready and release plan” aimed at driving down gasoline prices.
Costs for shipping energy are surging as Europe’s scramble for supplies creates a shortage of vessels to carry essential fuels this winter.
South Africa’s government is facing increased opposition on the topic of fuel prices, driven by global demand but also by Eskom’s increased needs.
The cost of filling up a standard car in the UK with diesel surpassed £105 ($128) for the first time, piling further pressure on Britons hit by a cost-of-living crisis.
Oil held gains above $105 a barrel as investors weighed higher demand for refined products against a slew of lockdowns in major cities in China.
A bunker vessel has sunk offshore Tunisia raising the risk of a major diesel spill in the Gulf of Gabes.
DNG Energy will work with Imperial Logistics to examine the use of LNG as a diesel alternative in South Africa.
The African Development Bank (AfDB) has signed up to provide $530 million to construct a transmission line in Angola.
India, once the center of global oil demand growth, expects its fuel consumption to bounce back during the coming year as the nation recoups the losses caused by Covid-19.
Sales of new petrol and diesel cars and vans will be phased out by 2030, Boris Johnson has confirmed as he set out his 10-point plan for a "green industrial revolution".
Demand in Europe and the US may have peaked already, the heads of three trading companies have said, but growth will be sustained by Asia.
The energy sector in Sub-Saharan Africa faces numerous challenges, but there is also an increasing sense of urgency and opportunity for the development of the industry on the continent.
The Lagos State Emergency Management Agency (LASEMA) has put out a fire at an illicit fuel storage depot at Oregun.
The coronavirus pandemic has taken its toll on the world, with lives lost and economies shrinking.
South Africa has “inadequate” stocks of diesel, an industry body has warned, as demand has accelerated beyond expectations with the easing of lockdown limitations.
According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.
US President Donald Trump’s call for a 10 million barrel per day – or even 15mn bpd – cut drove up oil prices last week but weak demand continues to run the show, with little respite expected from talks due to take place this week.
Many new cars on UK roads emit more CO2 than older vehicles, according to new research.
As part of plans announced during the launch of the COP26 climate conference, Boris Johnson has said a ban on the sale of new petrol and diesel cars in the UK will be brought forward to 2035.
Diesel car drivers have been hit by the longest streak of weekly fuel price rises in more than two years.
India’s growth monikers -- the world’s fastest-growing major economy and the fastest-growing oil user -- might make for good headlines, but when juxtaposed with the less-flattering description of its currency they pose a problem for Prime Minister Narendra Modi.
Philippine energy minister Alfonso Cusi has requested oil companies sell "dirtier, cheaper oil" to motorists in an effort to battle inflation in the country.
The cost of filling up a family car will rise by £8 if predicted oil price rises materialise, a motoring firm has warned.
Government officials do not know how much dangerous air pollution is being emitted by diesel trains across the country, a response to a Freedom of Information request suggests.