Latest in Tag: diesel Highlight
Latest in Tag: diesel

2 new petrol, diesel complexes to serve Upper Egypt: El-Molla
The complex, worth investments of $450m, is a vital project in the ministry’s refining and industrialisation strategy as part of the sustainable development plan for Egypt’s Vision 2030. The strategy aims to secure fuel supplies both for the local market and development plans for Upper Egypt.

Diesel tank explosion leaves 4 dead, dozens injured in Beirut
Fire took hold in an underground premise, reportedly a warehouse, where the fuel oil tank was also being stored

Petrol prices could see further cut unless Covid-19 impact: source
Egypt imports 50% of its diesel and LPG needs, 25% of petrol

Egypt holds prices of petrol, diesel in quarterly reveiw
The committee also decided to keep the diesel price at EGP 6.75 per liter and hold the selling price of diesel tonnes for non-electricity and bakery uses at EGP 4250 per tonne.

Fuel subsidy cut to hike prices by 20-30%: economic experts
The price of a litre of octane petrol 92 increased to EGP 8, up from EGP 6.75. Moreover, the price of octane petrol 80 and diesel fuel both increased from EGP 5.50 to EGP 6.75.

MSMEDA signs 2 contracts of EGP 20m to convert 4,000 cars from operating on diesel fuel to CNG
Agency injected EGP 152m in past years to convert 30,500 cars, including 25,500 transport cars, 5,000 passenger cars

Fuel imports costs $450m monthly
Gasoline, diesel, butane account for largest part of imports, imports will be cut in 2019, as several new refining units in Egypt spring into action

Stuttgart to introduce diesel driving ban in 2019
Southern Germany’s automotive capital will become the second major city in Germany to impose a partial diesel driving ban. It is another blow to diesel makers and owners after the turmoil of Dieselgate.From the beginning of 2019, older diesels will no longer be allowed in select parts of central Stuttgart, according to new rules announced …

Egypt consumes 275,000 tonnes of diesel per week: Ezz El Regal
Egypt’s crude oil production increased to 661 bpd

New analysis reveals deadly scale of diesel emissions
Illegal and unregulated diesel emissions are causing tens of thousands of unnecessary deaths worldwide, a new analysis shows. Europe is particularly affected due to Dieselgate. Governments must take action, experts say.The amount of illegal and unreported nitrogen oxide emissions from diesel cars, trucks and buses may be higher and deadlier than previously estimated – and …

UK car industry defends diesel
Britain’s automotive industry group has warned against radical moves to limit the use of diesel vehicles by imposing hefty levies. It said diesel technology had come a long way and was much cleaner now.Britain’s Society of Motor Manufacturers and Traders (SMMT) on Monday came out in defense of newer diesel cars as the British government …

Egypt to receive diesel shipment from Aramco
Egypt is set to receive a diesel shipment as part of its petroleum products agreement with Saudi Arabia’s Aramco this weekend. Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said that the agreement with Aramco includes committing to the timetable of shipments. He added that four shipments of fuel, including two …

EGPC diesel reserves cover needs of domestic market for 5 days
Aramco supplies Egypt with 12 diesel shipments a month

Renewable energy targets may have increased emissions
A recent study found that some biofuels produce three times the emissions of diesel, justifying an about-face in European Union policy in 2012. But biofuel companies say they are being punished based on bad science.

Black market in dollars and diesel thrives at Libya’s cost
Like much else in Libya, the financial system has broken down. Corruption is endemic throughout the economy, while smuggling hard currency and diesel have become lucrative businesses. Nancy Porsia reports from Tripoli.

VW gets green light for ‘simple refit’ of diesel cars in Europe
Germany’s vehicle safety regulator KBA has accepted Volkswagen’s proposed repairs for its emissions-cheating EA189 diesel engines in Europe, allowing the carmaker to apply an inexpensive refit to lower emissions

US regulators accuse VW of using software to cheat emission tests on big-engine VW, Audi and Porsche cars
US regulators said Monday Volkswagen’s cars with larger diesel engines were also found to have violated the country’s pollution rules.

Power crisis threatens industrial sector
Daily reduction of 725m cubic feet of gas at factories; gas supply to EBIC, Alexandria Fertilizers, and Egyptian Fertilizers stopped
Petroleum ministry proposes petrochemical projects worth $540m to UAE
Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum. The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tonnes of molasses annually, with investment in the project totalling $250m. The …

Fuel consumption rates stabilise in domestic market after implementation of price increases
This follows a surprise increase in consumption took place on Friday following the announcement that fuel prices would increase.

Cruise prices to double due to diesel price hike: Tourism ministry official
Ministry official says the increase follows a diesel fuel price rise from EGP 1.10 to EGP 1.8 per litre

Government unlikely to succeed in price control efforts: Former IMF official
Government cutting energy subsidies, preparing diesel and gasoline price increases, likely to exacerbate suffering of 26% of Egyptians under poverty line

Timing ‘inappropriate’ for subsidies removal: Hotels chamber
Removing diesel subsidies from November onward would pose extra burden on already suffering tourism sector, says deputy chairman of Chambers of Hotels

Removal of diesel subsidies for tourism sector to begin in November: Tourism minister
Government hopes to remove diesel subsidies in early November in two stages; hotels and tourist transportation companies to receive diesel at actual price of EGP 5.35

Ministry of Tourism, E-Finance to provide diesel fuel smartcards for hotels, transportation companies
The tourism sector receives diesel fuel at EGP 1.10 per liter, and this price will rise to EGP 5.35 once subsides are removed, according to the official.

Electricity theft, technical losses reach EGP 8bn annually: Ministry of Electricity
Ministries of Electricity and Petroleum have launched initiative to reduce 20% of electricity consumed annually and thereby decrease energy deficit

UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014
Egypt has made various offers to the UAE, Saudi Arabia and Kuwait regarding a number of projects, including the establishment of laboratories for refinement areas in Ain Sokhna, the North Coast, Alexandria and Upper Egypt.

EGAS cuts 500m square feet of fuel from factories’ total needs
EGAS to no longer pump gas to EDCO factory

Petroleum Ministry responds to reduction of natural gas supply to cement factories
Ministry says 77% of natural gas and diesel supply were delivered to cement factories in January and February

Sumed establishing 200k tonne capacity diesel storage stations
The route is considered an alternative to the Suez Canal when transporting petrol from the Arabian Gulf to the coast of the Mediterranean Sea.