Page 2 - Fuel Crisis

Macron urges French to save energy, seeks 10% drop in use amid crisis

French President Emmanuel Macron is calling for a sharp 10% reduction in the country's energy use in coming weeks and months to avoid the risk of rationing and cuts this winter, amid tensions with supplier Russia over the war in Ukraine. Macron warned Monday that forced energy savings might have to be considered in coming months if voluntary efforts aren't sufficient. He said energy rationing plans are being prepared in case' and that cuts will happen as a last resort. The best energy is that which we don't consume, the French leader said at a news conference, where he urged French businesses and households to save energy, including by turning down heating and air conditioning.

Fuel crisis prompts Bangladesh to cut govt office hours to save energy

Bangladeshi government offices will cut back office hours in a bid to save energy, as the country struggles with a fuel crisis, an official said

Poorer nations face unrest as wealthy nations snap up fuel: Report

Shops in Bangladesh are closing at 8 pm as part of energy austerity measures, while Mexico's government has bolstered subsidies to cushion residential electricity costs

Raging fire consumes four of the eight tanks at Cuba oil storage facility

The raging fire consumes critical fuel supplies on an island grappling with a growing energy crisis

Lack of fuel forces Gaza Strip's sole power plant to shut down: Officials

The sole power plant in the Gaza Strip has been knocked offline due to a lack of fuel, electricity officials said

Railways freight transport up 8% in July as it carries coal nationwide

The transporter has recorded 11 per cent increase in cumulative freight loading this financial year

Global gas crunch leaves Bangladesh facing blackouts until 2026

Bangladesh is seeking support from creditors, including the International Monetary Fund

Sri Lanka introduces fuel pass for orderly distribution: Energy minister

This will guarantee a weekly quota for each vehicle, Power and Energy minister Kanchana Wijesekara said after the initiative was launched on Saturday

Sri Lankans turn to bicycles amid fuel shortage, skyrocketing prices

The economic crisis which is the worst in Sri Lanka's history has prompted an acute shortage of essential items like fuel

Sri Lanka announces holiday week, shuts schools amid fuel crisis

Amid the unprecedented fuel crisis, the Sri Lankan Education Ministry declared the next week, starting from July 4, a holiday week for all the govt and state-approved private schools

Amid severe fuel crisis, Sri Lanka declares week-long holiday for schools

With no fuel for transportation, Sri Lanka on Sunday declared a week-long holiday for schools from Monday.

Argentine economy minister resigns amid peso's fall, diesel shortage

Martin Guzman announced on Twitter that he had sent a multi-page resignation letter to President Alberto Fernandez

Lanka IOC provides fuel as government pumps go dry in island nation

A LIOC spokesperson said they issued petrol to private vehicle owners on Tuesday but had to limit the issues due to the demand

Shipping costs soar as Russian fallout overpowers global fuel flows

The Russian invasion has exacerbated a tightening of energy markets, upending trade flows and forcing buyers to scour the world for alternative fuel supplies

Sri Lankan troops open fire to contain unrest over fuel shortages

Troops fired in Visuvamadu, 365 kilometres (228 miles) north of Colombo, on Saturday night as their guard point was pelted with stones

India stares at fuel shortage with spike in under-recovery at OMCs

The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources.

Amid crisis, Sri Lanka set to introduce fuel ration scheme next month

The island nation has been experiencing long lines for fuel refilling since mid-February with pressure coming on the diesel supplies for thermal power generation

Cash-strapped Sri Lanka takes Russia oil as fuel crisis persists

The sole refinery is set to receive crude today, enabling its restart after 2 months

WEF at Davos needs to identify solutions instead of just problems

On paper, the upcoming Davos meeting would be perfectly suited for resolving these conflicts. History, however, does not provide much encouragement or optimism

Pakistan braces for worst diesel shortage amid harvesting season: Report

Pakistan PM Shehbaz Sharif has been warned by economists and industry experts that the country would face the worst shortage of diesel next month amid the harvesting season, Express Tribune reported