Fuel Archives

Consumers rushed to buy petrol on Tuesday after newly-elected President Bola Tinubu announced the end to Nigeria's costly fuel subsidies

Business

Petrol prices surge in Nigeria after subsidy move

The price of petrol in Nigeria tripled at government-run stations on Wednesday, two days after newly-elected President Bola Tinubu announced he would scrap fuel...

AFPMay 31, 2023

Kenya has spent up to $1.2 billion to subsidise fuel prices since last year

Business

Fuel prices jump in Kenya after subsidies cut

Fuel prices in Kenya surged to record highs on Thursday after the new government slashed subsidies, piling on misery for a population already facing...

AFPSeptember 14, 2022

Britain's Department for Transport said it will end the current £1,500 ($1,800) subsidy for buyers of new plug-in cars as it focuses on other types of electric vehicles, such as taxis and trucks

Tech & Science

Twinning inflation reduction with green energy solutions

By removing the manufacturing 200,000-unit cap, this potentially means consumers can accelerate their electrification journey.

Dr. Tim SandleAugust 18, 2022

A tanker carrying fuel oil from Iraq is anchored off the Zahrani power plant near the southern Lebanese city of Sidon (Saida) on September 18, 2021

Business

Iraq to provide Lebanon with fuel for another year: Lebanon PM

Iraq has agreed to renew a one-year deal to provide Lebanon with fuel for its power plants in exchange for in-kind services, Lebanon’s Prime...

AFPAugust 11, 2022

Fuel prices in Europe have begun to come down after peaking in June

Business

Holiday rush drives demand at Europe’s busiest fuel station

And even surging global fuel prices did not deter thousands of motorists and truckers from filling their tanks.

AFPAugust 7, 2022

In this file photo taken on May 10, 2020, pedestrians walk along a line of cars in a busy street in the Syrian capital Damascus

Business

Syria more than doubles petrol prices: ministry

Syria's internal commerce ministry has announced a petrol price hike of around 130 percent in the war-torn country facing fuel shortages.

AFPAugust 7, 2022

The new price regime for petrol and diesel in Ethiopia will be in place for a month, the trade ministry said

Business

Fuel prices soar in Ethiopia as subsidies cut

Fuel prices soared in Ethiopia on Wednesday after the government reduced subsidies, adding to economic hardship for people already struggling with high inflation. The...

AFPJuly 6, 2022