Private power producers in Bangladesh have sought $1 billion of foreign currency from the country’s central bank to import heavy fuel oil to avert a looming energy crisis this summer.
An unprecedented energy crisis that’s gripping some of the most densely-populated and impoverished parts of South Asia may soon worsen as more fuel suppliers avoid selling oil to these nations.
Pakistan is facing an escalation of its power crisis after it failed to agree a deal for natural gas supply next month.
The UK government took emergency measures late Sunday to try to ease acute fuel shortages across the country, as petrol retailers shut pumps after days of panic buying.
Fuel retailers overcharged motorists when the coronavirus lockdown was introduced by failing to fully pass on savings, according to analysis.
UK inflation slowed last month on the back of falling motor fuel and computer game prices, official statisticians have revealed.
Supermarkets Asda and Morrisons have reduced their fuel prices by 12p per litre for petrol and 8p per litre for diesel.
Customers have been paying too much for their electricity for seven years as regulator Ofgem set the bar too low for networks, the spending watchdog has said.
The boss of British Airways has declared "our future has to be sustainable" as the airline begins offsetting carbon emissions from domestic flights.
German airline Lufthansa is launching a website that allows customers to buy climate-friendly plane fuel to compensate for the emissions caused by their flight.
Filling stations across the UK are to start using new labels to help educate drivers about the environmental benefits of biofuels.
Inflation is expected to have fallen in November due to a drop in prices on motor fuel.
Drivers lost out as fuel retailers refused to cut petrol prices last month despite a drop in wholesale costs, a motoring firm has claimed.
Families' wallets will be pumped up by the Prime Minister as she continues the fuel duty freeze.
Fuel retailers may be set to engage in a price war, the AA has said.
Fuel prices could reach a five-and-a-half year high as there is "no end in sight" to the rising cost of filling up, a motoring firm has claimed.
Brand-new supertankers are ferrying a rare flow of diesel from Asia to ports thousands of miles away in Europe as a surplus of the fuel from China scouts for a new home.
Savings worth an estimated £145 million were denied to drivers in the past month because fuel retailers failed to pass on cuts in wholesale prices, a campaign group has claimed.
Offshore wind turbines able to detect pollution from passing ships will soon be a feature of the North Sea, according to Belgian officials.
Three supermarkets have announced fuel price cuts for the second time in a fortnight amid a fall in wholesale costs.
Holidaymakers embarking on a European road trip are being hit with rising fuel prices, new research shows.
Continued investment in fossil fuels, despite a shift to clean technology which is already under way, could wipe trillions from the global economy, research warns.
The price of petrol at the pump rocketed by a "hellish" 6p a litre in May - the worst monthly rise for 18 years, the RAC has said.
The seven-year freeze on fuel duty has caused a major increase in harmful emissions by encouraging people to abandon public transport, according to new research.
The cost of filling up a family car will rise by £8 if predicted oil price rises materialise, a motoring firm has warned.